Bond Road
Elk Grove, California 95624, United States

MLS#: 373676938

$2,999,888 USD

Type
Single Family
Bedrooms
3
Bathrooms
2
Home/Lot size
141m² (1,517ft²)
The details

Property features

Date Updated: Dec 19, 2024

Key features

River View
Contemporary

Construction details

Year built
1950
Roofing
composition
shingle
Style
Contemporary

Other features

Property features
Fireplace

Area

Property size
141m² (1,517ft²)
Land/Lot size
31,970m² (344,124ft²)
Bedrooms
3
Bathrooms
2
Total rooms
5
Cooling system
Central AC
Heating system
Central

School information

High School District
Other

Description

Discover this unique investment opportunity to own a fully renovated home situated on an expansive 8-acre lot. The property boasts numerous upgrades, including brand-new LVP flooring, a new roof with gutters, remodeled bathrooms and kitchen, new appliances, fresh paint, upgraded electrical systems, and enhanced backyard landscaping. A Tentative Map has been approved for rezoning to RD-4, allowing for the subdivision of 15 spacious lots (averaging over 10,000 sq. ft.), complete with two cul-de-sacs. The proposed community will include a bike and pedestrian trail along the adjacent creek, offering excellent recreational options.Located within walking distance of Pleasant Grove, the top-rated school in the Elk Grove Unified School District, this property is a prime location for high-end single-family homes, surrounded by million-dollar estates.Generate rental income (pro forma $2,500/month) while completing the final subdivision map. A separate studio with a bathroom also on this parcel, providing privacy or rental income. Don't miss this rare opportunity for investors or small builders to develop in one of Elk Groves most desirable areas. Full disclosure information is available upon request!

Location

Bond Road, Elk Grove, California 95624, United States
map image
Courtesy of Bobby Tran Intero Real Estate Services