Address: |
view address Landers, CA 92285 Map Location |
Features: | Horse Property |
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Square Feet: | 544,500 sq.ft. | Lot Size: | 12.50 acres |
Year Built: | 2000 | Property Type: | Land |
County: | San Bernardino | List Date: | 2020-11-13 |
Listing Number: | OC20239622 | Listed By: | Gregg Cochran, Broker |
Listing Office: | 949-667-0322 | Days on market: | 1231 |
If you are looking for an Opportunity Zone designated property with plenty of space and potential, look no further than this 12.5 combined acres in Landers, California. According to the IRS, Opportunity Zones provide three main tax benefits: - Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier.- Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years.- Permanent exclusion of taxable income on new gains from the sale or exchange of the investment if held for at least 10 years.This property consists of three parcels: a 2.5-acre lot and two 5-acre lots with water meters on each. The parcel has its own Joshua Trees and unobstructed views of the surrounding mountains and clear skies a night for star gazing and meteorite spotting.This area is undergoing a revival as investors and visitors flock to the nearby attractions of Joshua Tree National Forest, E-Z access from SR 247, nearby services such as: Home Depot, Walmart, local restaurants, world famous Pioneertown, world famous Gubler Orchard Nursery, Big Rock for climbing and less than 1-hr from Palm Springs or the mountain resorts of Big Bear/Lake Arrowhead. You can enjoy the peace and tranquility of the desert while being close to amenities and services. The property is also near the Landers US Post office, Landers Elementary School and Reche Rd., a major east-west corridor. Don't miss this chance to own a piece of land in an opportunity zone with great potential for development or personal use.OPPORTUNITY ZONE Area. More information: https://selectsbcounty.com/major-initiatives/opportunity-zone.* No assigned street address. Numerical reference is part of the APN.
Corner Lot: | Yes | Has View: | Yes |
Horse Property: | Yes | Irregular Lot: | Yes |
Lot Acres: | 12.50 | Lot Has Mountain View: | Yes |
Lot Sqft: | 544,500.00 | Public Water: | Yes |
Transaction Type: | Sale |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.