Gabbert Road Moorpark, CA 93021-
87.92 Acres Vacant Land APN's: 511-0-180-11 & 511-0-190-12. Existing horse ranch within City limits, between Moorpark Country Club Estates/Golf Course (north), and the future (approved) North Hills Parkway (south). 50-lot residential equestrial project pending per GPA. ZC. & concept TT Map Pre-screening approved by Moorpark City Council March 2010. Secluded, private valley setting. Assume the ZC-TT Map, GPA process and pursue much higher value for the next building cycle. Current, improved residential estate lot values are in the $250-350K range at MCC Estates. There are no ready-to-build custom residential lots available for sale in the area. Or, subdivide the subject property into (17) 5-acre estate parcels with an estimated value of $400-$500K each. The demand is, and will continue to be, high in Eastern Ventura County, particularily the Moorpark area.
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