Monterey Estate Lots

Regal Properties, in collaboration with Capital Real Estate Solutions LLC (“CRES”), is pleased to present the opportunity to purchase and build estate homes on 10 fully entitled lender-owned lots, approximately 10-acres each, within the exclusive, gated community of York Highlands on the Monterey peninsula.  These lots can be purchased at a steep discount below market value, with the option to buy 9-27 additional lots at a huge discount to value. Collectively, these 37 lots have an appraised market value of $64MM.

Regal Properties and CRES have already negotiated with the lender to provide 80% loan-to-cost, non-recourse lot acquisition financing at 5%, interest-only, and to finance 80% of the offsite improvement costs (up to $5MM) for each phase for the development of required infrastructure.