8241 Lovers Lane

Hollister, CA 95023

$1,249,000
Price
Beds
1,600 Sq. Ft.
$781 / Sq. Ft.
1,600
Sq. Ft.
$781
per Sq. Ft.

Description

This 14.89 acre residential/income generating farm land is ready for your business or projects. It's a great opportunity to start your home, farm and move off the grid. The land is located inside the private Dara Farm in Hollister, far enough from busy crowds, yet short drive to city conveniences. There are plenty of space to raise animals, (cows, cattle, horses, goats and chicken livestocks) or plant organic vegetables or fruit trees as potential passive income while waiting to build your dream...This 14.89 acre residential/income generating farm land is ready for your business or projects. It's a great opportunity to start your home, farm and move off the grid. The land is located inside the private Dara Farm in Hollister, far enough from busy crowds, yet short drive to city conveniences. There are plenty of space to raise animals, (cows, cattle, horses, goats and chicken livestocks) or plant organic vegetables or fruit trees as potential passive income while waiting to build your dream home or rental properties. Can build 2+ more SFR & ADUs. Currently, the land sits a SFR/Trailer/4 unit storages/ mechanic shop/ RV parking that is being rented out. Land includes Hi=powered electricity, large pressure gallon tank, deep well and septic tank. The land is flat & all usable. Under Williamson Act = Low Tax = Savings. Just waiting for you to have a vision to generate more potential income.
  1. Listed by Elisa P. Lumbre • DRE #01452280 • Brokerage DRE #00818204 • Corcoran Icon Properties • 408-674-4397

Property Details for 8241 Lovers Lane

MLS City Name
HOLLISTER
Building Type
OTHER
Style
Farm House
Garage Spaces
0
Parking Spaces
4
View
Greenbelt
Cross Street
Shore Rd

Location

Listing Courtesy of Corcoran Icon Properties, Elisa P. Lumbre, DRE #01452280
Add your commute
LISTING UPDATED: 05/09/2024 02:47 PM

Property Details for 8241 Lovers Lane

StatusActive
MLS #ML81965002
Days on Compass24
Taxes$5,048 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1960
Lot Size14.89 AC / 648,608 SF
CountySan Benito County

Location

Listing Courtesy of Corcoran Icon Properties, Elisa P. Lumbre, DRE #01452280
Add your commute

Virtual Tour

Building Information for 8241 Lovers Lane

Stories2Residences-Year Built1960Lot Size14.89 AC / 648,608 SF

Payment Calculator

$7,237 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,816

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8241 Lovers Lane

Features
External Links
Features
  • Amenities: None
  • Communications: None
  • Fireplace: No
  • Flooring: Tile
  • Living SqFt: 1600
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Central Forced Air - Gas
  • Heating: Electric
  • Meters: None
  • Sewer Septic: Septic Connected
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Well
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport, Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: San Benito - N. County
  • Roof: Shingle
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Other
  • Street Number: 8241
  • Street Name: Lovers
  • Street Suffix: Lane
  • Area ID: 180
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 1600
  • Structure SqFt Source: Other
  • Age: 64
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: AG
Location Information
  • City Limits: Yes
  • Directions: From Hwy 25, Left on Shore Rd, Right on Lovers Ln, Enter Dara Court Farm
  • Incorporated: No
  • Parcel Number: 015-020-020
  • County Name: San Benito
  • City Name: HOLLISTER
  • City Postal ID: 24
  • Postal Code: 95023
  • Elementary School District: 694
  • High School District Text: San Benito High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: Yes
  • Lot Acres: 14.89
  • Lot Description: Agricultural Use, Farm Animals (Permitted), Grade - Level, Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Storage Shed / Structure
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $5,048
  • Capitalization Rate: 3.96
  • Tenant Expenses: Maintenance - Interior, Rent Only
  • Income Includes: Crop(s), Land, Rents, Storage Area
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $2,760
  • Expenses Other: $0
  • Expenses Utility: $5,100
  • Expenses Total: $12,908
  • Operating Expenses Include: Maintenance - Repair, Utilities
  • Gross Rent Multiplier: 20.02
  • Income Annual Gross: $62,400
  • Income Annual Rental: $36,000
  • Income Gross Scheduled: $62,400
  • Income Other: $26,400
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $1,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 1000
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $1,500

Property History for 8241 Lovers Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8241 Lovers Lane

Taxable ValueLand$242,650Additions$196,398Total$439,048
Tax Record2023$5,049 ($421 / month)
Home Facts
Lot Size648,608 SqFtStyleOrchardsCountySAN BENITOAPN015-020-020-000

Schools near 8241 Lovers Lane

This home is within San Benito High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Spring Grove Elementary School
PublicK to 8

San Benito High School
Public9 to 12

San Andreas Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8241 Lovers Lane is for sale in Hollister, CA 95023. This property was listed for sale on May 9, 2024 by Corcoran Icon Properties, it's currently listed at $1,249,000. This listing's school districts are San Benito High School District, North County Joint Union Elementary School District. Nearby schools include Spring Grove Elementary School, San Benito High School and San Andreas Continuation High School. 8241 Lovers Lane is a 0-bed, 0-bath, 1,600 sqft built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Icon Properties, Elisa P. Lumbre, DRE #01452280

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.