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California owner agreed to $10 million sale of 402 acres

In 2022, the owner accepted a discounted deal for 402 acres despite approvals for 50.

Placer County California DeskOctober 16, 2026
California owner agreed to $10 million sale of 402 acres

Key takeaways

  • A California owner agreed to a sale in 2022.
  • The property covered 402 acres.
  • The land had approvals for 50.
  • The deal was described as discounted.

The agreement

A California owner agreed in 2022 to a sale of 402 acres. The deal was described as discounted even though the property had approvals for 50.

The agreement involved the owner of the land and a buyer, but the buyer’s name is not identified here. The property’s specific California location is also not identified.

The approvals

The land had approvals for 50. The record described in the published account does not establish whether that figure referred to homes, buildings, lots or another type of development. It also does not state when the approvals were issued or which public body approved them.

What the deal shows

The reported price was for 402 acres, despite the approvals. Those figures are the central terms of the 2022 agreement. The facts do not state why the sale was discounted, whether the transaction closed, or what happened to the approvals after the agreement.

The Times of India reported on the transaction. Its account is linked below.

What to watch

  • Whether the sale closed after the 2022 agreement.
  • Whether the approvals remain active or are changed.
  • Any public record identifying the buyer or the property’s location.

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