A unique development/investment opportunity on over 440 acres of residential mixed-use commercial land with substantial water rights, close to the center of Pahrump. The offering consists of a development plan for 444.4 contiguous acres and was designed and engineered as a private gated community with 305 homesites. These homesites are larger than typical, providing owners with a semi-rural lifestyle and opportunities to plan a variety of uses, including equestrian. This is not offered by a majority of Nye and Clark County masterplans. The original concept included custom lots that could be sold to individuals or builders. A developer could consider the market for larger homesites or attempt an entitlement for a higher density after closing. To re-initiate a project, a developer could utilize the much of the prior planning and engineering materials and accelerate due diligence. Presently, the land is leased to a farming operation, and the water rights are kept in good standing.
Property Features
Water Features
Private
Well
Listing Courtesy: Coldwell Banker Premier - 702-871-9500