$3,950,000
53.578 acres of pure San Gabriel River frontage — this is the kind of tract that doesn't come around often. Ownership extends to the center of the river channel, plus a small pocket across the water and a triangle piece fronting both HWY 29 and Old HWY 29, giving you serious road exposure to go with the river views.
Currently AG exempt and running hay production, with a solid pocket of sandy loam down by the river — previous owners pulled some for harvest and never filled it back in, so there's opportunity there for the right buyer. Infrastructure is already in place: a 24" Jonah Water line crosses the river at the eastern property line and runs the full length of the frontage, two water taps (one next to the water well that has a meter, one at the western entrance at the front of the property that's just a tap), a fire hydrant, a water well that's connected to the house, and three electrical drops with two currently in use. No deed restrictions, not in the ETJ — room to work with.
There's an old farmhouse on the eastern side of the property; it doesn't hold real value and would be a teardown or clear for redevelopment. The property sits entirely within the 100-year floodplain, with a portion in the floodway — so this is best suited for a residential community concept where each lot can be designed to capture direct river frontage rather than a single homesite. Bring your vision for a riverside development unlike anything else in Georgetown.
7261650
MLS
100 Old State Highway 29, Georgetown
