Friday, November 12, 2010

Proposed WFIC land purchas in Genoa

The Whitaker Family Investment Co. LLC made an offer today on 3.5 acres in Genoa in the Eagle Ridge Developement. The prices are down 65% from where they were about 3 years ago. I offered $150,000 for the lot. Seems like a great buy. I plan to keep in the the investment Company as a long term hold. It is on a paved road off of Jacks Valley Road just North of Genoa. It already has water, electricity, natural gas and sewer run to the lot. There is a seasonal stream running across the south end of the property.

This is the view of the lot from the road. It has about 10 mature pine trees. ( Probably 75 to 100 years old) There are another 10 trees that are young maybe 5 -6 years old.

This is the view from about the middle of the lot looking south. A nice small grove on pines on level ground in a grassy area.

This is the view from the back corner of the lot looking East.

Any Whitaker kids that are interested in weighing in on the purchase can post a comment. I'll keep the post up for a week or so and then delete it.



Jesse said...

It looks gorgeous! Dibs! (Pending Cori finding a career that could take us back to the Carson Valley, of course. Oh, and I will probably have to be pregnant again before any big change or move will manifest itself. But other than that, dibs!)

In anycase, it sounds like a great purchase for WFIC. Thumbs up from me and Cori.

Sara said...

I like it. Are the neighboring lots developed? What is the Eagle Ridge Developement like?

Thea said...

You have good judgment dad.

Jeff said...

There are 54 lots in the development Maybe 4 are developed. There is a beautiful home next to this lot. It is maybe 3/4 of a mile from Mormon Station.