CALABASAS, Calif./ Jan. 10, 2018 (STLRealEstate.News) — Three prime scenic residential development land parcels – adjacent to Calabasas Peak and totaling just over 100 acres — are being offered at auction, with bids due by February 15, 2018.
The land, located in the Santa Monica Mountains, is being offered for a minimum bid of $825,000. The land is located within five miles of properties owned by the Kardashian and Jenner families, as well as LeAnn Rimes and Jessica Simpson.
The land is being sold in one package containing three parcels totaling 101.25± acres.
“There are few remaining parcels this size in this very exclusive area, which is located near the homes of many high-profile celebrities and equestrian enthusiasts. These are near the upper ridgeline that separates the Pacific Ocean from the San Fernando Valley,” said Chris Vaughan, regional auctioneer of the auction company.
Some have Calabasas city, mountain and ocean views and most of the surrounding properties are state and county-owned, with protected views.
“These properties are located only two miles from shopping, recreation and are part of the award-winning Las Virgenes Unified School District. We believe they will appeal especially to those who are seeking home sites for themselves or for builders seeking prime locations on which to build custom homes,” said Vaughan.
Bids are due by 2 p.m. Pacific Time, Thursday, February 15, 2018.
Auction liaison will be available to accommodate previews of the land from 10 a.m. to noon on January 26-27. Private and exclusive showings are available for qualified bidders. To download the Property Information and Bidding Package, prospective buyers should visit www.calabasas-view.com or call 800-257-4161.
Higgenbotham Auctioneers International Ltd., Inc., a worldwide leader in real estate auction marketing since 1959, is headquartered in Mulberry, Florida, with offices nationwide.