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- LoopNet Team
Boessow Rd
Galt, CA 95632
Dry Creek Oaks - Active Adult Community · Land For Sale
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30.00 AC
INVESTMENT HIGHLIGHTS
- Very limited new housing supply in the region
- Lots may be delivered in phases
- Contiguous to golf course with interior access
- Lots to be delivered finished
- Active Adult Community, gated and private streets. No Bonds!
- $122,500 per 45 x 100 lot and $130,000 per lot per 50 x 100 lot, Building Permit is approximately $35,000
PROPERTY FACTS
DESCRIPTION
The first phase of the project includes 206 single family active adult lots and a 1.5 acre rec center. The second phase will include a 14 acre commercial site, a 7+ acre senior care site and a 7 acre senior apartment site. It is located 1,600 feet east of the Boessow Road / Highway 99 interchange, which is also the access point to central Galt on the west side, which includes a grocery and drug. Galt is located 13 miles south of the City of Elk Grove, on Highway 99. The population of Galt is approximately 26,000. Zillow reports the median re-sale home value in Galt is $361,520 and that Galt home values have gone up 13.2% over the past year, and Zillow predicts they will rise 7.4% within the next year. Gregory Group reports (attached in the brochure) Galt new home average price of $425,000 for 2,393 s.f. The City of Elk Grove has a population of 153,000. The Zillow reported median re-sale home value in Elk Grove is $430,424. Elk Grove home values have gone up 9.4% over the past year and Zillow predicts they will rise 6.1% within the next year. Gregory Group reports (attached) Elk Grove new home average price of $475,000 for 2,523 s.f.
