Active

9350 Bond Road

Elk Grove CA, 95624

$2,999,888


$1,977.51 per sqft

Active

3 Beds

2 Baths

1,517 sqft

Residential

Built in 1950

Listed by Bobby Tran with Intero Real Estate Services 510-862-8017

Discover this unique investment opportunity to own a fully renovated home situated on an expansive 8-acre lot. The property boasts numerous upgrades, including brand-new LVP flooring, a new roof with gutters, remodeled bathrooms and kitchen, new appliances, fresh paint, upgraded electrical systems, and enhanced backyard landscaping. A Tentative Map has been approved for rezoning to RD-4, allowing for the subdivision of 15 spacious lots (averaging over 10,000 sq. ft.), complete with two cul-de-sacs. The proposed community will include a bike and pedestrian trail along the adjacent creek, offering excellent recreational options.Located within walking distance of Pleasant Grove, the top-rated school in the Elk Grove Unified School District, this property is a prime location for high-end single-family homes, surrounded by million-dollar estates.Generate rental income (pro forma $2,500/month) while completing the final subdivision map. A separate studio with a bathroom also on this parcel, providing privacy or rental income. Don't miss this rare opportunity for investors or small builders to develop in one of Elk Groves most desirable areas. Full disclosure information is available upon request!

ML81987735

MLS ID

December 3, 2024

Listed

March 8, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Fireplace

Yes


Fireplace Description

Wood Burning


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

7.9 Acres


Architectural Style

Contemporary


Roof

Composition, Shingle

School Information

School District

Other

Other Property Details

Area Name

699 - Not Defined


Days on Market

94


Garage

No


Parking Total

8


View

Yes


View Description

River


County

Sacramento


Water Source

Well


Zoning

RD-4

Listing History

Date

Event

Price

12/8/2024

Price change

$2,999,888

-15%

Listing Contact: (510) 651-6500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/8/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/8/2025 at 11:08 AM UTC

 

Powered byLuxury Presence