Prices for land has always been high in cities. However, dirt is disappearing in and around Sacramento to where even a rather small piece of land becomes very expensive. Especially if it can support many new homes.
At the moment there are two properties priced over $3M. One in Fair Oaks and one North of Roseville.
$3,500,000 — 8480 Pleasant Grove Road, Elverta
This 67.5 acres in Elverta are ready for a builder to take over! The house existing is beautiful. The property is still zoned as agricultural so it can be bought as a farm.
$3,250,000 — 8572 Sunset, Fair Oaks
This property still has a house on it, but the buyer will likely be a builder. This property is 9.24 acres in the middle of Fair Oaks. This is enough land for an 80 homes track!
Garages: 3 (detached)