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Listed by Michael Manchak • Richardson Sotheby's International Realty
$ 26,000,000
Est. payment /mo
Active
800 South 1st Street King City, CA 93930
40 Acres Lot
UPDATED:
01/22/2025 07:17 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS-25010804
Lot Size 40.000 Acres
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 installations--Camp Roberts and Fort Hunter Liggett, one of the U.S. Army's 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 country's newest national parks, and is poised to benefit from the upcoming AMTRAK train service and station--an 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: o Zoning designations are Highway Service and Single Family Residential o General plan designations are Planned Development and Highway Service Commercial # # #
Location
State CA
County Monterey
Zoning P-D, R-1, H-S
Exterior
Community Features Curbs
View Y/N Yes
View Mountain(s)
Building
Lot Description Agricultural - Row/Crop