$249,000

Rare Multi-Family Residential (MFR) zoned parcel on 1.95 ACRES offering exceptional development potential in Mariposa County. Zoning allows for a variety of residential uses including duplexes, apartments, condominiums, townhouses, and similar residential development subject to County density standards and approvals. Excellent opportunity for developers, investors, or builders seeking multifamily housing potential. Buyer to verify zoning, density, utilities, and all development requirements with Mariposa County. Parcel size is 1.95 acres in great location close to town, hospital and easy access to Highway 140 to Yosemite National Park. Sewer & Water is MPUD. This zoning classification is designed to provide higher density housing in and around the commercial core of the community. See attached in Supplements. Uses: 1. Permitted uses: a. Single family residential structures in accordance with the density standards & subject to the architectural theme and development guidelines for the design review overlay zone. b. Attached residential units including duplexes, apartments, condominiums, townhouses, large residential care facilities, and similar development subject to the density standards established herein; c. Residential accessory structures. 2. Conditional uses: a. Mobile home parks; b. Churches, non-profit lodge halls, clubs, fraternal organizations; c. Light commercial uses when an integral part of a multi-family development. Minimum lot size/density: The density standard shall be four thousand (4,000) sq. ft. of land area and one thousand five hundred (1,500) sq. ft. for each additional residential unit. Calculation of square footage shall be exclusive of road easements. Zoning: MF/TPA.