2900 Canyon Falls Drive, Modesto, CA 95351, Modesto, 95351 - 0 bed, 0 bath
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Modesto, CA 95351
This Shovel-Ready Development Site is listed at $289,900—positioned below the $292,060 Fair Market Value by 1%. This valuation offers $2,160 in Instant Equity for a buyer looking to bypass the lengthy permitting phase. The expansive 22,429 sqft lot in the prestigious Millionaire's Bend includes approved plans for a 5,112 sqft home, providing a significant head start on a luxury build. With a Condition Rating of 6 as a vacant lot, this high-end location is an ideal acquisition for Custom Home Builders or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2900 Canyon Falls Drive Subject | $289,900* List Price | 0 | 0 | 2,500 | $117 | - |
A 2900 Canyon Falls Drive Active | $298,900 List Price | 0 | 0 | 2,500 | $120 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is a vacant lot with no existing structure, kitchen, bathrooms, or mechanical systems. It is being sold for land value only, featuring approved plans for future construction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22429, living area = 2500.
The property comes with approved plans for a 5,112 sqft custom home, significantly reducing the time, cost, and administrative burden associated with the permitting and design process.
At over half an acre (22,429 sqft), this lot offers a rare amount of space in a residential development, providing ample room for a large estate, pool, and outdoor entertaining areas.
As a vacant lot, the list price only covers the land and plans; the buyer will need to secure significant construction financing and manage a large-scale building project.
The assigned public schools have average ratings between 4 and 6, which may be a drawback for luxury-tier buyers prioritizing top-rated educational districts.
Welcome to Millionaire's Bend in Davante Villas on River Road. This over half-acre lot has plans approved for a 5,112 ft home. If you're looking to build custom, you've been waiting for this opportunity in this development. Call today!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 2,500 | 1,243 | 96% |
| Lot Size | 22,429 | 7,000 | 94% |
| Price | $289.9K | $390.0K | 14% |
| Price per sq ft | $116 | $311 | 8% |
| Built year | 0 | 1958 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 168 | 1% |
Apr 16, 2026
$289,900
Initial Listing
Mar 6, 2023
$220,000
Public Record
Jul 7, 2020
$162,000
Public Record
May 15, 2019
$2,500
Public Record