Kern County, CA - OWNER FINANCED - 10 ACRES LOT (Vacant Land)

Make this fabulous property your own for only $487 per month.  This ten-acre property is located in Kern County, CA, in the Lake Isabella Municipality and adjacent to expensive homes.  On Los Pinos Road, just north of CA-178, the property provides access to nearby recreational areas, including Lake Isabella.  The Lake Isabella area in Kern County, CA, is a large, man-made reservoir on the Kern River, offering diverse recreational activities like fishing, boating, camping, hiking, and water sports. Located within the Sequoia National Forest, this popular destination for Southern Californians features numerous campgrounds, trails, and facilities for outdoor enthusiasts. The area includes several towns such as Lake Isabella and Wofford Heights, providing a suburban-rural mix with access to natural beauty and activities year-round. 

Please research its development potential with the city and place your bid today!

THIS IS A BID & ASSUME AUCTION.  You are bidding on the down payment, and the full purchase price is $32,400.  The interest rate is 8.25% and the duration of the note is 8 years.  On a $1 down payment, the monthly payment would be approximately $487/month, including principal, interest, and property taxes.  There is no prepayment penalty to pay the note off faster.

The down payment (which will be equal to the winning bid) and a deed/note preparation fee of $399 will be due within 3 business days of the auction's close and may be paid by cashier's check, wire transfer, or ZELLE.  The note must be signed within 14 calendar days of the auction's close.  All monies paid are non-refundable.  TIME IS OF THE ESSENCE.

PROPERTY WILL BE CONVEYED VIA A GRANT DEED WITH AS-IS TITLE SUBJECT TO ANY LIENS (SHOULD ANY EXIST), ONCE THE NOTE IS PAID IN FULL.

PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!

The following info was provided by Kern County and should be verified prior to purchase.