ADDRESS: 2860 Malibou Ave, Pahrump, NV 89048
SIZE: 1.1 Acre (165’ x 295’)
PARCEL NUMBER (APN): 042-583-25
LEGAL DESCRIPTION: LOT:8 BLK:3 UNIT:1 CITY:PAHRUMP SUBD:CALVADA VALLEY
Beautiful 1 acre lot with unobstructed views of Spring Mountains and Charleston Peak in a well-established, clean neighborhood with electric to the property line and city water only 325 ft away for a very affordable home site near the Pahrump Valley Winery, Walmart, Pahrump Nugget, Gold Town Casino, and much more! And when you look at this lot from the street view you just feel like you’re in a quiet, peaceful country setting. If you’re from Las Vegas with the growth and increased congestion, this may very well may appeal to you!
Most 1 acre lots in Pahrump need to have a well drilled, installed and maintained with initial set up costing over $60,000, typically. Get this pristine lot with access to city water and save big money when you develop or sell in the future for a much higher price!
This property is part of the Calvada Valley subdivision and is entitled to city municipal water and has electric utility to the property line – the two most costly utilities to bring in. Sewer is not required and septic is permitted. Keep in mind that some neighborhoods MUST be connected to sewer and sometimes that sewer line is far away and costly to bring in so being able to install a septic system can save big money. Here are the cost breakdowns:
2860 Malibou Ave – Development costs: $47,415
Water: $34,415 – 325’ lateral extension, water meter and hook up fee quote from Great Basin Utilities Inc, Pahrump, NV on 3-29-19 (relatively low price versus having to drill a well!)
Septic: $8,000 – approximate cost
Electric: $5,000 – approximate cost to install metered service from Valley Electric Association, Pahrump, NV
The lowest price out of 42 one-acre lots listed on Zillow in the area is $19,000 and goes up to $55,000. Some are even offered in the $80,000 range, however, those probably aren’t realistic prices. Buy this lot today to develop or hold for further appreciation. Or you can flip it for an immediate AND sizeable profit!
There are no liens on the property, no back taxes, no association dues, no maintenance fees of any kind and no time frame in which you have to build, and taxes are paid current. The property is being conveyed by Grant, Bargain, Sale Deed and has greater value than most lots being sold through tax deed or quitclaim deed. Call now to buy!
RV or 5TH WHEEL ALLOWED? No, unless you have a permitted structure on the property first
SELLER FINANCING TERMS: Contract for Deed – No camping on the land, no parking RV’s or storing vehicles; no adding structures, building fences, making any improvements; no storing materials or performing any work or trade on the property until the property is fully paid off and title and deed is recorded in buyer’s name.
TITLE CONVEYANCE: Grant, Bargain, Sale Deed; clean title, free of liens and encumbrances, no back taxes
SUB DIVISION: CALVADA VALLEY
GPS: Copy and paste coordinates into any browser: 36.177607, -115.941999
MAP LINK: https://goo.gl/maps/Z6fTGC6s3222
ZONING: RE-1 – Single family residential
HOUSING ALLOWED: Manufactured home, Modular, or Prefab with in-ground permanent foundation and with exterior matching homes in the neighborhood, custom spec-built home, tract housing
PLANNING / ZONING DEPT: Nye County Planning & Building (775) 482-8181
POWER: Yes, to property line, need meter installed
WATER: Yes, see development costs above
SEWER: No, septic is permitted and the most cost effective solution versus bringing in sewer (which is available, but at a high cost)
ROAD ACCESS: Yes – Paved
PROPERTY TAX: $135/yr
ASSOCIATION DUES: None
TYPE OF TERRAIN: Flat
ELEVATION: 2,700 FT
CLOSING/DOC FEES: $0
Own this Property Today Risk-Free by Making a Refundable Down Payment Below!
Address: 2860 Malibou Ave
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This Property Has Been Sold