Salinas, CA 93906,11 E Laurel Drive
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Salinas, CA 93906,11 E Laurel Drive
Salinas, CA 93906,11 E Laurel Drive
Salinas, CA 93906,11 E Laurel Drive
Salinas, CA 93906,11 E Laurel Drive
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Listed by Nicholas Tortorelli • NT Real Estate
$ 2,500,000
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11 E Laurel Drive Salinas, CA 93906

327,136 SqFt


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 327,136 sqft

Price per Sqft $7

MLS Listing ID ML82032915

HOA Y/N No

Lot Size 7.510 Acres

Property Sub-Type Unimproved Land

Source Datashare MLSListings

Property Description

Rare near-entitled infill development opportunity. The subject property consists of approximately 7.63 acres across two legal parcels, planned for a 37-lot single-family residential subdivision. The approved development program includes 37 detached homes, all 3-bedroom, 2-bath, with floor plans. ranging from, 1,150 to 1,350 square feet, w/ garages. The project is substantially through the entitlement process. An MND was completed, a full EIR was not required, and public hearings have been conducted. The final map has been approved and is ready to record, subject to posting of performance bonds. Plans are in final updates to current code standards. Proposed improvements include full horizontal development: grading, private roads, curb and gutter, sidewalks, underground utilities, storm drainage, and engineered retaining walls. The site benefits from strong frontage, good access, and an established surrounding residential neighborhood. Located near Natividad Hospital, schools, retail corridors, and major commuter routes, the property is well positioned to serve strong workforce and entry-level homebuyer demand. Salinas continues to experience limited new housing supply, supporting favorable absorption for new construction SFR product.

Location

State CA

County Monterey

Interior

Fireplace No

Building

Lot Description Rectangular Lot

Schools

School District Salinas Union High, Alisal Union Elementary


Bay East Association of Realtors
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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