Location: The subject property is located in northeast Bakersfield on Chase Avenue in between Highway 184 and Daytona Drive. The property is accessible from Highway 178 to the north and highway 58 to the south with direct connections to highway 99. The Vesting TTM is advantageously located in the Sierra foothills with three schools in proximity including Cesar Chavez Elementary School, Cato Middle School, and Foothill High School. Come be a part of the growing Mountain Meadows Community with views and a consistent breeze unique to Bakersfield.
Description: The opportunity includes 21.54 +/- gross acre with 15.39 +/- net acre dedicated to a residential development project pending Tentative Tract Map approval (TTM) No. 7427; the property had previously been approved in 2008 as TTM #6350 and expired in November of 2015. The 2nd Submittal Package has been sent to the City of Bakersfield for review by LAV//Pinnacle Consulting & Engineering Services.
Pricing: $990,000.00 ($45,961.00 per gross acre) with all cash to be paid at the end of escrow.