SPRING VALLEY LAKE - DEVELOPMENT OPPORTUNITY! Zoned RM multi family. Adjoining lots 308855121 and 308855120 are also available which could create a perfect location for a townhome/condo project. Spectacular location adjacent to the Spring Valley Lake beach area and across from the Bear Valley Country Club. This property has huge potential with its close proximity to community shopping, post office, restaurants and marina. Previous owner had plans for a 24 unit townhome project. OWNER MAY FINANCE!