Property ID : Madera Ventana
For Sale $26,050,000 - Commercial/Development, Nuts, Permanent Planting
237.52 ACRES RESIDENTIAL SUBDIVISION/ALMONDS
+/-134 Acres 50% Non-Pareil, 25% Wood Colony, 25% Fritz, planted 2013
+/-100 Acres 50% Non-Pareil, 25% Monterey, 25% Fritz
- Ground Waer and Surface Water
Two (2) ag wells
Within and receive water from Madera Irrigation District
SGMA The Sustainable Ground Water Management Act (SGMA) passed in 2014 requiring groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit the amount of well water that may be pumped. The subject property is in the San Joaquin Valley – Madera sub basin and the San Joaquin Valley Groundwater Sustainability Agency (GSA)
PD (Planned Development) 3000, PD 4500, PD 6000
CN – Neighborhood Commercial
PF – Public Facilities
Incredible residential development opportunity, “Ventana”, located within the city limits of Madera, Ca. Approved tentative subdivision maps (TSM2018-01 and 2018-02) in place for approximately 1,000 dwelling units (=/-855 single family parcels and +/-144 multi-family units). Ventana conforms with the General Plan of Madera, is consistent with the Vision Madera P2025 Plan for a “well-planned City”, and has a certified Environmental Impact Report. City of Madera Planning Commission staff report from June 2018 states “…the development of the subdivision is extremely viable today. The City has a defined shortage of residential lots. Ventana is a part of the solution to that shortfall.” Adjacent to an existing elementary school, the project is ideally located within the City. Regional shopping and dining destinations in northwest Fresno are minutes away.
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