113 Napa Rd
113 Napa Rd Landers, California 92285 United States

$175,880
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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: -...
12.5 Acres
Exterior
Land
Property type
OC20239622
Web Id
OC20239622
MLS ID
Lucerne Valley Unified
School District
1,232
days ago

About 113 Napa Rd

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.

Listing Courtesy of Gregg Cochran, Broker, Email/Phone : 949-667-0322

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

Amenities

  • Horse Facilities
  • Mountain View

PROPERTY INFORMATION

Community Info
Rural
View
Mountains
Water
Public

EXTERIOR

Lot Description
CornerLot, HorseProperty, IrregularLot, RectangularLot
Listing Courtesy of Gregg Cochran, Broker, Email/Phone : 949-667-0322
Listing Courtesy of Gregg Cochran, Broker, Email/Phone : 949-667-0322
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