Pechstein Ranch

1371 N LINDA ST PAHRUMP, NV 89060, Pahrump, NV 89060

Accepting Offers
Pechstein RanchPechstein RanchPechstein RanchPechstein Ranch
Asking Price

$6,499,990

Pechstein Ranch

1371 N LINDA ST PAHRUMP, NV 89060, Pahrump, NV 89060

Asset Type: Real Estate

Estate: Fee Simple

Property Type: Land

Land Area: 448 Acres

Investment Highlights

  • Prior planned project for 305 homesites
  • Significant engineering and planning have been performed, which could accelerate due diligence
  • Strong parcel for land banking or nearer term development plans
  • Has meaningful relative value to Las Vegas area parcels
  • 728.25 Acre Feet of water rights

Pechstein Ranch

The offering consists of a development plan for 444.4 contiguous acres and was designed and engineered as a private gated community with 305 homesites. These homesites are larger than typical, providing owners with a semi-rural lifestyle and opportunities to plan a variety of uses, including equestrian. This is a distinction with a majority of Nye and Clark County masterplans. A developer could consider the market for larger homesites or attempt an entitlement for a higher density after closing. To re-initiate a project, a developer could utilize the much of the prior planning and engineering materials and accelerate due diligence. Presently, the land is presently leased to a farming operation, and the water rights are kept in good standing. For a detailed picture of the asset and Pahrump, please see this website: https://storymaps.arcgis.com/stories/463e7cf8b45d42fb88e771f9ed6d8209

Sale FAQs

Investment Sales Broker

John McClelland

John McClelland

Premier

NV License: S.0169443

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXX

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