199 S Pasadena Avenue, Waterford, CA 95386

Property Description

Premier Residential Development Opportunity - Tentatively Approved 53-Lot Single-Family Patio Home Subdivision located in the growing community of Waterford, California. This opportunity provides builders and investors with a substantially advanced entitlement position, reducing development risk while accelerating the path toward construction. The project has been thoughtfully designed for 53 single-family patio homes, offering a housing product that aligns with today's market demand for attainable, low-maintenance ownership opportunities. The proposed community is well suited to first-time homebuyers, move-up buyers, empty nesters, and retirees seeking the affordability and quality of life offered by California's Central Valley. Strategically positioned within Stanislaus County, Waterford continues to benefit from regional population growth, expanding employment opportunities, and increasing housing demand driven by its proximity to Modesto, Oakdale, Turlock, and the greater Central Valley. The property's convenient access to Highway 132 provides efficient connectivity to major employment centers while maintaining the appeal of a quiet, family-oriented community. With entitlement work substantially completed through tentative map approval, a developer can significantly shorten the traditional development timeline and focus resources on final engineering, map approval, and vertical construction. Opportunities offering this level of entitlement progress remain increasingly limited throughout California, making this a compelling acquisition for both regional and national homebuilders. Within close proximity to Waterford High School, Lucille Whitehead Inermediate School and Waterford Plaza Community shopping center.