Almost 12 beautiful acres of Multiple Family Residential land currently zoned R3-PD. Maximum density is 12 units per acre. Property is currently approved for a 125 Unit Senior Development with Assisted Living, Memory Care, and Independent Living units. Entitlements are in place including water rights until November, 2018. Seller open to all offers including JV. South of Hwy 46 surrounded by homes ranging from $600,000 to mid $700,000. Adjacent to Chandler Ranch. See attached marketing brochure.