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5877 State Highway 49 N
Mariposa, CA 95338
Princeton Ranch Land Development · Land For Sale · 981.00 AC

Investment Highlights

  • Topography relatively flat with gentle rolling hills
  • High Multifamily demand from Yosemite to UC Merced

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 981.00 AC
Zoning 241C

Description

Two Parcels totaling 981 Acres Principal owns a 2/3rd interest as a Tenant in Common to the 781-acre parcel (APN# 012-120-007) and 100% fee title ownership in the 200-acre parcel (APN # 012-140-013) Joint Venture Partner Preferred DEVELOPMENT POTENTIAL - Topography Relative flat with Gentle Rolling Hills - High-Density Single Family Residential - High Multifamily demand from Yosemite to UC Merced - Mixed-use Commercial/ Retail - Strongly Supported by Mariposa County Planning Dept. Next to: - 45 Minutes to Yosemite National Park - 45 Minutes to UC Merced - Yosemite-Mariposa Airport University of California, Merced - UC Merced is the newest campus in the world-renowned UC system. Development on the campus is planned to have 10,000 by 2020. This will be a tremendous demand generator for housing for students, faculty, and staff. Next to Yosemite National Park The main street of Mariposa is also Highway 140 which connects to a park entrance for Yosemite National Park. The park entrance is about 30 minutes from Mariposa/ Development Location. - Natural Beauty and Open Space - Capture Tourist Traffic to Yosemite National Park - Yosemite Park Demand for Housing & Office Space

  • Listing ID: 31140231

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 5877 State Highway 49 N, Mariposa, CA 95338

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