Villagio di Vigneto

Villagio di Vigneto

Penn Valley, CA

THE PROJECT

Villagio Di Vigneto is a finished-lot community containing 46 homesites located on 50 beautiful hillside acres adjacent to Lake Wildwood; a master planned residential lake/golf community with over 5,000 residents. Lot sizes in the community range from 7,000 square feet to 2 acres. Municipal water and sewer, storm drainage, fire hydrants, electrical, gas, and phone are all underground, in place, and distributed to each lot. Amenities are currently planned to include a private clubhouse, hiking trails, vineyards, sweeping lake views and a gorgeous Tuscan ambiance. Offering requires buyer to replace a $525,000 bond to guarantee completion of the community clubhouse. Seller and buyer together may explore a modification to the current plan and therefore a potential reduction in the bond. Three of the original 49 lots were sold at an avg. price of + $330,000. There is currently one home constructed in the community.

LOT COUNT:
46 Finished Homesites.

 

ENTITLEMENTS:
Recorded Final Map

 

LOT CONDITION:
Finished

 

OFFER DUE DATE:
No offering date has been established. Ownership will evaluate individual proposals as they are received.

 

BROKER CONTACT