1710 Monte Vista Ave - Future Mixed Use Monte Vista Apartments 3.72 Acres of Commercial Land Offered at $2,250,000 in Minden, NV 89423

The ±3.72 acre flexible development land at 1710 Monte Vista Ave in Minden, NV is a well located development opportunity close to everything the Carson Valley has to offer. This land site has tentative plans for 54 multifamily units and has a diverse zoning which would also allow for potential live/work developments. The property is also located in the federally designated Difficult Development Area (DDA) which allows affordable ret restricted developers to gain additional benefits such as the 30% basis boost. Douglas County has historically limited the amount of multifamily development in the past and there is high demand for this type of housing. It is located near Douglas High School, Carson Valley Inn Casino, Ironwood Drive and Highway 395. It is surrounded by the Winhaven residential community consisting of high-end custom single family homes and upper middle-class single-family homes.
Housing is in demand in Minden, NV, especially for people migrating from California and also for blue collar workers. It is a suburb to South Lake Tahoe which is a huge tourist destination for everything from gaming, skiing, hiking, fine dining, and everything else that South Lake Tahoe has to offer. The area is growing due to its strategic location just south of Carson City which is about a 22 minute drive to the State Capitol building, roughly an hour to the Tahoe Reno Industrial Center which is a major employment hub in the region, and a 27 minute drive to South Lake Tahoe. The Minden Valley is popular with both Reno and Carson City commuters. This site is located near the town center and offers convenient access to local amenities like Minden Elementary School, shopping, dining, and parks, as well as recreational opportunities like Lake Tahoe and nearby trails.