VALUE IN LAND!! There is a final map (in supplements) and seller owns 108 lots totaling 8.72 acres however in the Wildwood Glen Cabin Sites final map dated 1924 there are approximately 250 lots. Owners of the balance of these lots would all like to sell, some listed some not. The city recognizes the project and the fact that all streets shown are dedicated however they do not want the project built as the neighborhood is now zoned 5 acre minimums. The homes around it are mostly in the $2,000,000 plus range. The city would like to "negotiate" a much lower density. The city said they would not allow anything built to cover 2 lots or more, it would have to be built so that no structure would cross a property line, no exceptions however there are two homes built on the entire project, one on my sellers property over 20 years ago with no concern to the Wildwood Glen Cabin Sites lot lines what so ever. I wouldn't place any value on the structure however certainly livable. There is also another structure built that covers the Wildwood Glen Cabin Sites which is not owned by my seller which also has no regard to lot lines. You will notice a single lot in the middle of my seller's 108 lots that has a different owner. This was purchased at a tax sale years ago and I have it listed for a ridiculous amount but that is included in the $2,250,000 price.
Based on information from California Regional Multiple Listing Service, Inc. as of April 2nd, 2020 at 6:31am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.