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$26,000,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS25010804
Property Sub-Type Lots/Land
Property Description
41 ACRES FOR SALE MIXED-USE DEVELOPMENT SITE (KING CITY, CA - MONTEREY COUNTY) One of the last large development sites in King City, this property is designated as an Opportunity Zone for mixed-use retail/commercial, residential, and visitor-serving (hotel) development. King City, known as the gateway to Monterey County, is a business-friendly community with a growing economy. This prime multi-use property features extensive Highway 101 frontage and is conveniently located near a highway exit leading to downtown. Currently used for agriculture (row crops), the property includes one single-family home in excellent condition. The city continues to invest in infrastructure and streetscape improvements, further enhancing its appeal. King City is a thriving community in Southern Monterey County wine country, located near two growing military installationsCamp Roberts and Fort Hunter Liggett, one of the U.S. Armys largest active training bases. Demand for retail and housing is increasing, with residential development expanding throughout the city. The property also serves as a gateway to Pinnacles National Park, one of the countrys newest national parks, and is poised to benefit from the upcoming AMTRAK train service and stationan exciting first for the city. Strategically positioned equidistant from Salinas and Paso Robles, the site offers breathtaking mountain views and exceptional development potential. General Plan Land Use Designation and Zoning Designation: Zoning designations are Highway Service and Single Family Residential General plan designations are Planned Develop
Location
State CA
County Monterey
Direction Exit 1st exit on Highway 101 or connect to 1st street through downtown
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 235051010000
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://MICHAEL MANCHAK Realtor®, Lic #02205849 Richardson Sotheby's International Realty Dir: 805.748.0500 mmanchak@gmail.com Each Office is Independently Owned & Operated. Lic. 01904034 My website https://richardsonproperties.com/agents/michael-manchak/
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Listed by Michael Manchak Richardson Sotheby's International Realty
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