561 Peabody Road, Vacaville, CA 95687

$7,500,000

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List Price
$7,500,000
Status
ACTIVE
MLS#
ML82063173
Lot Size
166,835
Acres
3.83
Lot Location
Corners Marked, Level
Days on Market
1
Property Type
Land

Property Description

Exceptional opportunity to acquire a prime infill multifamily development site at 561 Peabody Rd in Vacaville. Situated on approximately 3.83 acres, the property has City-approved Major Design Review for an 82-unit market-rate apartment community featuring four three-story buildings with a mix of 1-, 2- and 3-bedroom residences and 178 on-site parking spaces. The planned community includes a swimming pool with fenced patio, exercise room, community room, communal kitchen, picnic areas, dog-walking area, landscaped open space and pedestrian walkways. Contemporary architecture incorporates stucco, wood siding, stone veneer, metal window mullions and a modern flat-roof design. Zoned MX Mixed Use, with multifamily residential use permitted by right. Positioned in an established infill location near residential neighborhoods, schools, shopping, dining and everyday services, with access from Peabody Rd and Marshall Rd. A compelling opportunity for developers seeking an approved multifamily project in a strong, well-connected Vacaville location. Some listing images are conceptual/digitally generated renderings for illustrative purposes only; final design may vary. Buyers to independently verify all information.No sign on the property.

Additional Information

View
City Lights
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Other
Middle School
Other
High School
Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Gurjeet Rai (gurjeetrai@doorlight.com) from Listing Office: Doorlight Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.