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The Preserve At Millerton Lake TM 3.2 - The Preserve at Millerton Lake TM 3.2 9.64 Acres of Commercial Land Offered at $3,150,000 in Friant, CA 93626



Investment Highlights
- ±9.64 acres for single-family or custom home development within The Preserve master plan.
- Rare large-lot development opportunity in an area with growing luxury and semi-rural lifestyle demand.
- Potential to leverage area growth for premium lot pricing and sustained absorption.
- Scenic setting near Millerton Lake offering recreational amenities and dramatic mountain vistas.
- Convenient access to Fresno and the broader Central Valley via well-connected routes.
Executive Summary
The Preserve at Millerton Lake TM 3.2 offers a strategic investment opportunity in one of Central California’s most scenic and sought-after residential growth corridors. Spanning approximately 9.64 acres, this property is positioned within The Preserve master-planned community, steps from the natural beauty of Millerton Lake and an easy drive to Fresno.
Zoned for residential development and ideally suited for a planned unit project, this site enables builders or investors to deliver a high-end lifestyle enclave with panoramic mountain and valley views. Designed with infrastructure readily accessible, the location aligns with demographic trends favoring suburban luxury living, eco-conscious design, and recreational proximity. The property’s adjacency to The Preserve’s vision—a thoughtfully curated community—adds long-term value and marketability.
With access from major routes linking to Fresno Yosemite International Airport and employment hubs, this offering combines development flexibility with buyer demand for low-density, high-quality neighborhoods near water recreation. Target users include regional builders, private developers, or investor groups seeking shovel-ready opportunities that capture Central California’s upward population and housing trends.
Zoned for residential development and ideally suited for a planned unit project, this site enables builders or investors to deliver a high-end lifestyle enclave with panoramic mountain and valley views. Designed with infrastructure readily accessible, the location aligns with demographic trends favoring suburban luxury living, eco-conscious design, and recreational proximity. The property’s adjacency to The Preserve’s vision—a thoughtfully curated community—adds long-term value and marketability.
With access from major routes linking to Fresno Yosemite International Airport and employment hubs, this offering combines development flexibility with buyer demand for low-density, high-quality neighborhoods near water recreation. Target users include regional builders, private developers, or investor groups seeking shovel-ready opportunities that capture Central California’s upward population and housing trends.
Property Facts
1 Lot Available
Lot
| Price | $3,150,000 | Lot Size | 9.64 AC |
| Price Per AC | $326,763.49 |
| Price | $3,150,000 |
| Price Per AC | $326,763.49 |
| Lot Size | 9.64 AC |
The Preserve at Millerton Lake TM 3.2 offers a strategic investment opportunity in one of Central California’s most scenic and sought-after residential growth corridors.
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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The Preserve At Millerton Lake TM 3.2 - The Preserve at Millerton Lake TM 3.2
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