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505 Morey Ave , Sacramento, CA 95838
$299,000
Est. Payment: $1,630.95/mo
0.28 Acres
Status: Active | Days on site: 7
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Chris Heller
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House Description

CALLING ALL BUILDERS & DEVELOPERS - SHOVEL-READY OPPORTUNITY. 0.28 Acre Corner Parcel at Morey Ave & Vern St - Approved for 2-Lot Subdivision Rare opportunity to acquire a fully entitled, near shovel-ready project in a wonderful location adjacent to Community Park. This project is almost ready to build - majority of the difficult entitlement work is DONE: - Approved 2-Lot Subdivision: City approval to subdivide into TWO parcels - each approximately 6,098 SF - Approved Design Review: For TWO 2-story Single Family Residences - 4 bed / 2.5 bath, 2-car garage, approx. 2,000 SF each - Finished Lots: Sewer, water, and gas connected to property; electric at site - Site Improvements Complete: Existing curb, gutter, and sidewalk in place - Permits In Motion: Building permit packet and on-site Improvement Plans prepared and being submitted - Final Map: Processing is currently underway All the heavy lifting has been done for you. This project is extremely close to build-out - just a few short steps from breaking ground. Perfect for a builder who is ready to go now and wants to avoid the wait, cost, and delays of entitlement. Don't miss this opportunity to build two new homes in a prime park-adjacent location.
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Highlights

Listed by Olaleke Adeyanju , 925-525-9436 First Choice Funding & Realty , 925-525-9436. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land
Lot/Acreage
0.28

County

Sacramento

 Neighborhood

Del Paso Manor

Listing ID

41149618

Questions about this listing?

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Interior Features

Exterior Features

Lot:Corner Lot,No Land Lease
Garage Capacity:0
Zoning:R
Principal Interest
$1,631
Taxes
$191

Home Price

$299,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$59,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,630.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,630.95 $190.61 $0.00 $1,821.57
Yearly $19,571.45 $2,287.35 $0.00 $21,858.80
Total $587,143.63 $68,620.50 $0.00 $655,764.13

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Sacramento, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T05:14:44.000Z

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