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Thread: Lake Martinez Subdivision (Lots)

  1. #1
    Mandelon
    Notice came yesterday the subdivision is finally going to happen. Lots of lots will be for sale maybe around the end of the year. Prices from $250,000 for interior lots to $800,000 for water front spaces. Lots of different sizes, nearly all a stones throw from the water.
    Those with current rentals have first right of refusal. Some places are for sale now. Buy one of those and get a lot guaranteed, or wait and see what happens, maybe the sales office will have some.
    A lot of the current residents won't be able to afford to pay the new mortgage so there should be a bunch available. Although I hear of guys lining up to buy 5 at a time.....
    Anyway, Riverfront and River Access lots 3 hours from San Diego will soon be available. Big plans for the docks, beach and infrastructure are moving ahead.

  2. #2
    OutCole'd
    Step up baller!!!!!

  3. #3
    Mandelon
    We'll see......that a lot of loot for not a lot of a lot.

  4. #4
    OutCole'd
    We'll see......that a lot of loot for not a lot of a lot.

    What do you put on the lot? Build a house, or a modular home? Trailer? What works there?

  5. #5
    edog_103
    I just hope Martinez doesn't end up to be the next Parker. With 35 resorts in a 15 mi stretch, and 4 million idiots. Martinez is one of the last places you can go and see nice river.

  6. #6
    Mandelon
    CCR's require site built concrete walls and 3' set backs, street trees, rooftop decks, no on street parking.....should be nice stuff. No mobiles.

  7. #7
    DeltaSigBoater
    Mandy, having never been there to play, just drive through, I need some edumacatin. Is this 'injun land or are they freehold? Any downside to this that one should be aware of?
    Rio
    Exactally what I want to know... Who actually owns the land? You or the Colorado River Indians Tribes?

  8. #8
    Mandelon
    No Indians down here. Private deeds, BLM, Military, some Mining and Private land.
    You will own these lots.

  9. #9
    HokeySon
    A lot of the current residents won't be able to afford to pay the new mortgage so there should be a bunch available. Although I hear of guys lining up to buy 5 at a time......
    Suggestion: Option their right to buy -- low cost speculation to see where the market goes -- limit the loss if it doesn't take off, take the upside if it does.

  10. #10
    Mandelon
    Cool idea. There could be more demand than I think....Its getting more high dollar down there all the time. There are many million dollar places around now.

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