Wheeler Ranch
Plumas Lake, CA 95961
Wheeler Ranch II is a prime piece of land located in Plumas Lake in Northern California. It is situated between Marysville and North Natomas. We acquired and entitled the land for residential development. This is a non-leveraged purchase and is fully owned by one of our Land Funds. It spans over 150 acres and is strategically positioned in a high-demand area with excellent access to amenities, schools, and transportation. Our development vision for Wheeler Ranch II is to be an instrumental driver in the creation of a master-planned community that will feature single-family homes, parks, and trails. We have already obtained the necessary permits and approvals from the local authorities. We are in the process of finishing the engineering and infrastructure work to make the lots shovel-ready for construction.
Photos
Documents
Download Marketing BrochureHighlights
472 Approved TSTM Single Family Home Lots
For Sale as Finished Lots Ready to Build
Breaking ground July 2022
Five Villages - 50 & 55' Wide Lots
Property Details
Village 1 - 110 50' lots - under contract
Village 2 - 73 50' lots - available
Village 3 - 87 50' lots - available
Village 4 - 112 55' lots - available
Village 5 - 90 55' lots - under contract
APN: 014-840-006-000
County: Yuba County
Total project acreages: +/- 144
Park and open space acreage +/- 40.85
5.35 DU per Building Acre
Description
Wheeler Ranch Phase II is a large project located in very affordable Plumas Lake, an unincorporated area of Yuba County. The property is a short drive to Yuba City, Marysville, Natomas, Sacramento, Roseville, and other densely populated areas. The infrastructure of the Plumas Lake area is relatively new compared to other infill urban projects, and builder fees are low compared to nearby areas. The medium density designation is closer to low density in other suburban and urban areas. Nearby are the newly expanded Hard Rock Casino and Toyota Amphitheater.
Overall, this is an excellent opportunity to buy ready-to-build lots with all the infrastructure. The estimated completion dates for Village 1 & Village 5 is early Spring 2023, with Villages 2-4 to follow shortly after that.