18461 Old Wards Ferry Road
About This Property
12.88 acres of undeveloped land with a rare combination: full rural privacy, three minutes from Sonora's hospitals, grocery stores, restaurants, and schools. This isn't remote acreage with a long list of unknowns - it's a buildable, splittable parcel with real data, existing access, and infrastructure proximity to back it up.
Existing driveway provides direct access to the property. Power is within 50 feet. Neighboring well reports show yields of 15 to 60 GPM - well above the 3–5 GPM typical residential threshold. Well depths range from 600 to 1,000 feet, consistent with Sierra foothill geology in this area. All surrounding parcels were developed with conventional septic systems - no engineered septic's required. Seller is willing to complete perc testing as part of an accepted offer.
Zoned RE-5 with a 5-acre minimum lot size. At 12.88 acres, this parcel cleanly splits into two conforming lots - no variance needed, no rezoning required. Build on one, sell the other. Hold both. Two assets from one purchase.
Oak-studded terrain with mountain and panoramic tree-line views. Seasonal creek runs through the property. Usable, build-friendly acreage suited for a primary residence, hobby farm, equestrian operation, orchard, or agricultural use.
Lot 2 of Papas Ranch Subdivision, 1.2 miles south of Lowe's. Neighbor well reports available upon request.
Held by the same family for five generations, nearly 100 years.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Price Decreased |
$350,000
↓ $40K
(10.3%) | |
| Price Decreased | |||
| Mar 22, 2026 | Listed by Tri-Star Realty | $389,990 | |
| Listed by Tri-Star Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017