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Faits saillants de l'investissement

  • Highly visible location within Twain Harte Village, a hub for shopping, dining, and recreation.

Résumé de l'annonce

Redevelopment project for 20 unit multifamily building.The shopping center was divided into 3 new legal parcels. Previously the entire Center's address was 18711 Tiffeni Drive, Twain Harte. The County renamed this Parcel A , approx. 3.8 Ac.to 19031 Michele Lane, Twain Harte. The building can continue to be commercial. It previously was rented to a gym, a mailbox company, medical office, and general offices. However, we had Erik Smith, architect convert and redesign the building to 20 apartments as there appears to be a demand for apartments. See apartment plans. In addition, with this parcel there is additional land. Subject to County approval, Erik Smith on the additional land also designed 18 townhouses and an approx. 5,000 sq. ft. retail/ restaurant building.
I9031 Michele Lane is a 2 story building , approx. 23,040 sq.ft., First Floor Approx.11,520 sq.ft., Second Floor 11,520 sq.ft. Sale price for this Parcel A is $2,400,000.00
Adjacent to the above Parcel A is Parcel C, approx. 2.13 Ac. It was previously rented to a pharmacy, liquor store, Mexican restaurant, coffee shop, beauty salon, Curves and bookstore. Erik Smith, architect, designed 17 apartment units to convert the building from vacant retail to residential apartment units. However, it still can be leased as retail units.
18713 Tiffeni Drive, Twain Harte, a one story building, approx. 21,604 sq.ft. Sale price for this Parcel C is $2,400,000.00
Adjacent to the above Parcel C is Parcel B, Approx. 3.12 Ac. Currently occupied by Twain Harte Market, approx. 20,160 sq.ft., the Pizza Factory 2 stores, 2,880 and 1,920 sq.ft. and 2 vacant stores 2,880 and 4,288 sq.ft.
18711 Tiffeni Drive, Twain Harte, a one story building, approx.32,128 sq.ft. This Parcel recently sold on August 15, 2025 for $6,450,000.00
The asking price of $2,400,000 for Parcel A ,19031 Michele Lane and $2,400,000 for Parcel C, 18713 Tiffeni Drive is almost 1/2 the price of the sold price of $6,450,000 for Parcel B, 18711 Tiffeni Drive on a per sq. ft. basis

Faits sur la propriété

Prix 3 372 720 $ CAD
Type de vente Investissement
Condition de vente Projet de redéveloppement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Multi-résidentiel
  • Unités d’appartements
Taille totale du lot 3,80 AC
Zonage Mixed Use

1 Lot disponible

Lot

Prix 3 372 720 $ CAD
Prix par AC 887 557,91 $ CAD
Taille du lot 3,80 AC

3.8-acre parcel in Twain Harte Village featuring a vacant 23,040 SF two-story building with approved conversion for multifamily use plus conceptual plans for townhomes and retail.

Description

Positioned in the heart of Twain Harte Village, this 3.8-acre property offers a compelling mixed-use redevelopment opportunity in one of the Sierra Nevada foothills’ most desirable destinations. Currently improved with a two-story, 23,040-square-foot building, the site carries approved plans for conversion into 20–21 apartment units, making it an attractive option for multifamily developers. Additional conceptual designs include 18 townhomes and roughly 5,000 square feet of retail or restaurant space on surplus land, providing multiple avenues for value creation. The property benefits from its central location in a vibrant commercial district known for steady local and tourist traffic, supported by nearby retail anchors, dining, and recreational amenities such as golf, lakes, hiking trails, and community events. With Conditional Use and Site Development permits in place through 2032, developers have the flexibility to implement phased or comprehensive improvements. This combination of location, approved entitlements, and development potential creates a rare opportunity for investors seeking scale in a growing market.

Relativement accessible à pied
30/100
Très bien adapté aux voitures
80/100
Relativement accessible en vélo
20/100
  • ID d’inscription: 39549583

  • Date de mise sur le marché: 2026-02-23

  • Dernière mise à jour:

  • Adresse: 19031 Michele Ln, Twain Harte, CA 95383

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