
Newman, CA 95360
Possible high density residential development! Property consists of three parcels. The home sits on a .45-acre lot, second parcel consists of.41-acre lot and the third is a 1.67-acre lot totaling 2.52 acres. High density residential zoning can be in the range of 12 to 30 units per gross acre. Great opportunity for investors!
Property is land value only, full reconstruction required.
The property was built in 1930 (94 years old) and is explicitly marketed for its 2.52-acre land value and high-density residential development potential rather than the dwelling's condition. With no mention of renovations and an emphasis on investor opportunity for multi-unit development, it meets the criteria for land value only.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 110207, living area = 1584.
The property is zoned for high-density residential use (12-30 units per gross acre), offering significant upside for investors and developers to maximize the 2.52-acre site.
Comprising three separate parcels (.45, .41, and 1.67 acres), the layout provides excellent flexibility for phased development or individual lot resale.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =110207, other record lot size in square feet = 19602.
The existing residence was built in 1930 and likely requires significant renovation or demolition to achieve the property's highest and best use.
The list price reflects the land's development potential rather than the current residential value, which may limit the buyer pool to specialized investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,584 | 1,549.429 |
| Lot Size | 110,207 | 6,517 |
| Price | $895.0K | $429.4K |
| Price per sq ft | $565 | $286 |
| Built year | 1930 | 1998 |
| HOA | $0 | $140 |
| Days on market | 35 | 51 |
Sep 26, 2026
$895,000
$995,000
-10% Price Drop
Initial Listing
Sep 19, 2026
$995,000
Initial Listing
Feb 17, 1989
$150,000
Public Record