Keegan Cin | Realtor® | License # DRE 01971604

Property

Apple Valley, CA 92308 1 Augusta Circle

1 Augusta Circle Apple Valley, CA - Image 11 Augusta Circle Apple Valley, CA - Image 21 Augusta Circle Apple Valley, CA - Image 3
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1 Augusta Circle Apple Valley, CA - Image 4
Presented By: Ricky Seow with Coldwell Banker Realty; 626-674-3338
  • MLS# AR25001100
  • 01/02/2025
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Home Details

Positioned at the heart of Apple Valley's vibrant community, the 14-acre development opportunity at One Augusta Circle is a gem awaiting visionary developers and investors. This commercial parcel, offering 127 lots, is a canvas for creativity in a region marked by rapid population growth and a burgeoning interest from national builders. Apple Valley, celebrated for its expanding presence in the High Desert, combines natural beauty with strategic location advantages. This property boasts easy freeway access, within walking distance of various essential amenities and leisure options including Target, movie theaters, Best Buy, Home Depot, restaurants, and more. It's adjacent to a serene lake and a golf course, nestled in the bustling town center of Apple Valley, known for its welcoming community. A pivotal feature of this opportunity is its proximity to the planned Brightline West high-speed train project, promising to connect Apple Valley with Las Vegas. This initiative, expected to be completed before the Olympics, positions Apple Valley as an essential hub in the fast, efficient travel corridor between these two destinations, enhancing the property's value and appeal. The current exploration of strategic partnerships or outright sales is fueled by the desire to capitalize on this unique property's potential. Engagements with various stakeholders have outlined clear paths for potential land uses, particularly focusing on the development of an RV park or compact, efficient casitas, each offering substantial profit opportunities: • RV Park: Investment in infrastructure for the RV park is projected to cost incrementally, allowing for phased development. Each lot could yield a profit margin of $40,000 to $60,000, making it a highly lucrative project with an estimated total sales potential of $15 million and a net profit of approximately $7 million based on phased investments and sales. • Casitas: The development of small homes (600 to 900 sq. ft.) on this land could command significant market interest, with a construction strategy that emphasizes phased development to manage costs effectively. The potential for sales in the casita project is estimated to reach up to $40 million, with profits potentially soaring to $20 million, offering an enticing avenue for investors looking for substantial returns.
Presented By: Ricky Seow with Coldwell Banker Realty; 626-674-3338

Interior Features for 1 Augusta Circle

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 1 Augusta Circle

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityApple Valley
Community FeaturesLake
CountySan Bernardino
DirectionsApple Valley
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet5191.0
Lot Size UnitsSquareFeet
MLS AreaAPPV - Apple Valley
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot188
ViewGolfCourse
Waterfront Y/NNo
ZoningResidential

Exterior for 1 Augusta Circle

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.1192
Lot Size Area5191.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $4,038,800
MLS#AR25001100
List Date 01/02/2025
Property Type Land
Request Tour
Request Info

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