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2541 E Lorraine Way

Pahrump, NV 89048
  • $285,000
  • STATUS: Active
  • ON SITE: 257 Days
  • MLS #: 2481230
UPDATED: 67 min ago
$285,000
  • 0
    BEDS
  • 4.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Nye

School Information

Elementary School:
,

Description

This amazing 4 parcel property has incredible value as both an agricultural property and residential subdivision. The sale comes with 25 acre feet of water rights = 8,146,000 gallons to be used every year! Free! This sales consists of 4 parcels on a culdesac. Previously developed as an agricultural property with in ground irrigation for an orchard and alfalfa field. If utilized as four residential parcels, each homesite requires only 2 acre feet of water which leaves a remainder of 17 acre feet. The extra water rights can be sold separately for an approx. value of $7000/acre foot = $119,000. There is electric to the operable well which is housed in a well house. Convenient location on the south side of Pahrump with a paved road.

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Copyright 2023 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Greater Las Vegas Association of Realtors] logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed.Information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-11-28T19:20:00.12.

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2541 E Lorraine Way Pahrump, NV 89048

  • Price: $285,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 67 min ago
  • MLS #: 2481230
0
Beds
0
Baths
0
½ Baths
4.7
Acres
Neighborhood:
Ashworth Ros
County:
Nye
Elementary School:
,
Property Description
This amazing 4 parcel property has incredible value as both an agricultural property and residential subdivision. The sale comes with 25 acre feet of water rights = 8,146,000 gallons to be used every year! Free! This sales consists of 4 parcels on a culdesac. Previously developed as an agricultural property with in ground irrigation for an orchard and alfalfa field. If utilized as four residential parcels, each homesite requires only 2 acre feet of water which leaves a remainder of 17 acre feet. The extra water rights can be sold separately for an approx. value of $7000/acre foot = $119,000. There is electric to the operable well which is housed in a well house. Convenient location on the south side of Pahrump with a paved road.
Exterior Features

Horse Amenities Horses Allowed Other Structures Well House Road Surface Type Paved

Interior Features

Living Area 0

Property Features

Association YN No Cross Street Oakridge Development Name Horse YN Yes Listing Terms Cash Lot Features Cul-De-SacPublic/Maintained Road Sewer None Tax Annual Amount 149 Utilities Electricity AvailableSewer Not Available Water Source Well Zoning Description Rural

Listing courtesy of Pauline Van Betten of Realty One Group, Inc: pauline@lvcountryestates.com.
Copyright 2023 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Greater Las Vegas Association of Realtors] logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed.Information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-11-28T19:20:00.12.

Digital Millennium Copyright Act
 
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