Positioned at the heart of Apple Valley's vibrant community, the 14-acre development opportunity at One Augusta Circle is a gem awaiting visionary developers and investors. This commercial parcel, offering 127 lots, is a canvas for creativity in a region marked by rapid population growth and a burgeoning interest from national builders. Apple Valley, celebrated for its expanding presence in the High Desert, combines natural beauty with strategic location advantages. This property boasts easy freeway access, placing it within walking distance to a variety of essential amenities and leisure options including Target, movie theaters, Best Buy, Home Depot, restaurants, and more. It's adjacent to a serene lake and close to a golf course, nestled in the bustling town center of Apple Valley, which is known for its welcoming community. A pivotal feature of this opportunity is its proximity to the planned Brightline West high-speed train project, promising to connect Apple Valley with Las Vegas. This initiative, expected to be completed before the Olympics, positions Apple Valley as an essential hub in the fast, efficient travel corridor between these two destinations, enhancing the property's value and appeal. The current exploration of strategic partnerships or outright sale is fueled by the desire to capitalize on this unique property's potential. Engagements with various stakeholders have outlined clear paths for potential land uses, particularly focusing on the development of an RV park or compact, efficient casitas, each offering substantial profit opportunities: • RV Park: Investment in infrastructure for the RV park is projected to cost incrementally, allowing for phased development. Each lot could yield a profit margin of $40,000 to $60,000, making it a highly lucrative project with an estimated total sales potential of $15 million and a net profit of approximately $7 million based on phased investments and sales. • Casitas: The development of small homes (600 to 900 sq. ft.) on this land could command significant market interest, with a construction strategy that emphasizes phased development to manage costs effectively. The potential for sales in the casita project is estimated to reach up to $40 million, with profits potentially soaring to $20 million, offering an enticing avenue for investors looking for substantial returns.
Property Details
Property Features
Listing Office:
Office Name: COMPASS
Office Phone: (310) 388-3761
Listing Agent: Jinglin YUE
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot: Corners Marked
Lot Size: 14.00 Acres
School Info
Assigned Schools Information:
Apple Valley High School, Public District Grades 9-12
Sitting Bull Academy, Public District Grades KG-8
Other
Directions Information:
Directions: Apple Valley
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
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Housing Market Comparison
See how this home compares to others in Apple Valley, CA.
This property is $3.0M more than the Median Sold Price in Apple Valley, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #WS24065133
Listing Office:
Office Name: COMPASS
Office Phone: (310) 388-3761
Listing Agent: Jinglin YUE
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 11:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Sitting Bull Academy
19445 Sitting Bull Rd
Distance between this listing and this school1.45 miles
Public District Grades KG-8
High School
3
/10
Apple Valley High School
11837 Navajo Rd
Distance between this listing and this school2.98 miles
Public District Grades 9-12
Nearby Schools
7
/10
Endeavour School of Exploration
12403 Ridgecrest Rd
Distance between this listing and this school2.14 miles
Public District Grades KG-6
5
/10
Carmel Elementary School
9321 Glendale Ave
Distance between this listing and this school2.99 miles
Public District Grades KG-6
6
/10
Galileo Academy 101
17000 Silica Rd
Distance between this listing and this school3.04 miles
Public District Grades KG-6
Assigned Schools
4
/10
Sitting Bull Academy
19445 Sitting Bull Rd
Distance between this listing and this school1.45 miles
Public District Grades KG-8
Nearby Schools
1
/10
Lakeview Middle School
12484 Tamarisk Rd
Distance between this listing and this school1.92 miles
Public District Grades 7-8
5
/10
Rio Vista Elementary School
13590 Havasu Rd
Distance between this listing and this school2.42 miles
Public District Grades KG-8
Assigned Schools
3
/10
Apple Valley High School
11837 Navajo Rd
Distance between this listing and this school2.98 miles
Public District Grades 9-12
Nearby Schools
4
/10
Encore Jr./Sr. High School For The Perf and Visual Ar
16955 Lemon St
Distance between this listing and this school3.31 miles
Public Charter Grades 7-12
4
/10
Sultana High School
17311 Sultana St
Distance between this listing and this school4.46 miles
The neighbors living near this home have an average income of $64,766. The majority of Apple Valley, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1 Augusta Cir
What is the listing price of this property?
The listing price of 1 Augusta Cir property is $3,500,000.
What type of property is this?
The property 1 Augusta Cir is land located in Apple Valley, California, 92308.
Is this property for sale now?
Active Listing: 1 Augusta Cir is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1 Augusta Cir are: Sitting Bull Academy: GreatSchools Rating 4/10Apple Valley High School: GreatSchools Rating 3/10
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This home is located at 1 Augusta Cir in Apple Valley, CA and zip code 92308. This home sits on a 14.00 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $3,500,000.
In April 2024, from all listings sold in Apple Valley, CA there were more than 35 sold above asking price, over 28 sold below and more than 26 were sold right at the asked price. The number of listings in Apple Valley, CA increased by 7.3% between March 2024 and April 2024. In April 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $411,300.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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