The 2.07 acres offered for sale on Lower Monitor Rd. is now pending!
This flat, usable land has utilities at the road and irrigation, and is on the desirable north end of Wenatchee.
We recently reduced the price to $99,950.
Call me at (509) 669-2121 for information about other lots or acreage parcels for sale.
Here’s the bargain of the month! Over two acres on the north end of Wenatchee, off Lower Monitor Rd. in Sunnyslope, for just $99,950.
Acreage is flat and overlooks a great view. Power and water are at the road, and there is irrigation.
Call me for more information–(509) 669-2121. Don’t pass this one up.
Has it always been a dream of yours to build a home, designed just for you? Well, this couldn’t be a better time to do it. Land is available and qualified, talented builders are looking for projects.
Before starting, talk to a lender. Find out what kind of construction loan packages are available. Though different lenders offer different packages, most base the loan on the cost of the land plus the cost to build, known as the cost of acquisition. Good credit scores and at least a 20% down payment are required. Monthly payments during construction will generally be at a slightly higher interest rate, and the loan will be restructured after construction is complete (usually in 10 months). Banks like contractors of record to be in charge of the project.
A range of land options are available, from acreage to neighborhood lots, including new neighborhoods such as Sunnyslope Meadows off Knowles Rd., Red Hawk Canyon off Fifth Street in Wenatchee, and Breckenridge off Baker past 27th Street in East Wenatchee, to name a few.
Though most people have a dream of building a dream home by a gurgling brook with a fabulous view, the reality can be a bit different! When purchasing vacant land, Buyers are allowed a feasibility period to do a thorough review to make sure the property fits their needs. The default time frame for the feasibility period is 30 days, but can certainly be longer if both parties agree to this.
During this period, the Buyer is allowed to access the land to do perk tests for septic, soil tests, engineering studies, and to bring a contractor in for an opinion. Any test holes, etc. done during this investigation must be restored to the original condition at the Buyer’s expense. The Buyer should also thoroughly explore the availability of utilities, water, and whether sewer is available, as well as the connection fees. Are there setback or height restrictions that would restrict what can be built? Does the property contain wetlands or other environmentally sensitive areas that will need to be respected? You’ll want to talk to appropriate city and county agencies, as well as any special district that can help you develop insight into the property.
We ask Buyers to never rely on oral statements from the Seller or the brokers, but to research each of these areas independently. If you find that the property will not accommodate what you were hoping to build, you do have the right to rescind the offer and get your earnest money back, as long as this happens within the feasibility timeframe.
Building a home can be one of the most exciting and rewarding experiences of a lifetime, but do your research first to make sure you have no regrets later.
2.07 acres on Lower Monitor Rd.
We are offering over two acres of Wenatchee Land with excellent views in desirable Sunnyslope on the north end of Wenatchee! Priced at just $127,000, the Wenatchee property has water and power at the street, as well as irrigation. Located on Lower Monitor Rd., it’s close to town, yet offers plenty of elbow room for someone who wants space.
Sellers will consider all reasonable offers, so call me at (509) 669-2121 for further details.
Building lot in great neighborhood
We are in the feasibility period right now, and I’ll keep you posted! Call me at (509) 669-2121 with any questions about land and the procedures to follow for building a new home in the Wenatchee area.