Dry Creek Oaks, Galt CA Active Adult Community

Lots for Sale

Bayless Properties, Inc. BRE 01523148 2410 Fair Oaks Blvd. Suite 110 Sacramento, CA 95825Phone: 916-641-0300 E-mail: doug@baylessproperties.com CA BRE# 00872277 www.baylessproperties.com

This information has been obtained by sources deemed reliable, but it cannot be guaranteed by BAYLESS PROPERTIES, INC. All interested parties should confirm property information independently.

The offering consists of 206 single family residential lots that are currently under development and will be delivered finished in 2018. The project includes 75 45 x 100 standard lots and 131 50 x 100 standard lots.

Located east of the south east interchange of Highway 99 and Boessow Road. The site is directly north of the Dry Creek Golf Course and will have direct golf cart access. Immediately west across Highway 99 is central downtown Galt, including City Hall, parks and retail services.

The infrastructure bonds have been paid off by the developer.

The project will have gated private streets and a private Rec Center on 1.5± acres with a 5,000 s.f. clubhouse. The clubhouse plans are in for second round of plan check. The plans can be modified and will be approved up-on delivery of the finished lots. The Rec Center is required to be completed by the 51rst occupancy permit.

The balance of the project (commercial, senior rental and assisted living) will be developed in a later phase.

The Owner is going back to the City to discuss decreasing side yard setbacks to 3’ from the current 5’.

Listing Price: $122,500 per 45 x 100 lot and $130,000 per 50 x 100 lot.

Offered exclusively by Doug Bayless, Bayless Properties, Inc.Buyer's agent to be compensated by Buyer.

Dry Creek Oaks

DRY CREEK OAKS AGE RESTRICTED MASTER PLAN BUILDING PERMIT ESTIMATE CITY OF GALT Prepared 5/1/2018

Valuation Estimates Based on Plan 1641 1714 1725 1816 1850 2025 2034 2200Dwelling $119.05 psf Dwelling SF 1641 1714 1725 1816 1850 2025 2034 2200Garage $46.80 psf Garage SF 423 425 425 425 425 425 425 425Porch/Patio $21 psf Porch/Patio SF 300 300 300 300 300 300 300 300

Estimated Valuation $221,457.45 $230,241.70 $231,551.25 $242,622.90 $246,432.50 $267,266.25 $268,337.70 $288,100.00Fee DescriptionBLDNG STNDRDS AMN-CBSC $9.00 $10.00 $10.00 $10.00 $10.00 $11.00 $11.00 $12.00BMEP FEE SCHEDULE $2,104.78 $2,194.69 $2,204.68 $2,314.57 $2,354.53 $2,564.32 $2,574.31 $2,774.11BMEP SOLAR RES INSP FLAT FEE *footnote 3 $111.00 $111.00 $111.00 $111.00 $111.00 $111.00 $111.00 $111.00PLAN CHECK - BUILDING Master Plan *footnote 4 Not included in total $1,368.11 $1,426.55 $1,433.04 $1,504.47 $1,530.44 $1,666.81 $1,673.30 $1,803.17PLAN CHECK BUILDING PER PERMIT AFTER MASTER PLAN CHECK 25% $342.03 $356.64 $358.26 $376.12 $382.61 $416.70 $418.33 $450.79PLAN CHECK - PLANNING - Charged for each Master Plan Not included in total $54.00 $54.00 $54.00 $54.00 $54.00 $54.00 $54.00 $54.00PLNNG ARC CNFRMNCE - SF (PER PERMIT) Production $27.00 $27.00 $27.00 $27.00 $27.00 $27.00 $27.00 $27.00PW DEPT - SITE PLAN REVIEW $31.00 $31.00 $31.00 $31.00 $31.00 $31.00 $31.00 $31.00CAPITAL ACQUISITION REPLACEMENT FUND $25.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00POLICY DOC MAINT - RECOVERY FEE $686.52 $713.75 $717.81 $752.13 $763.94 $828.53 $831.85 $893.11SMIP RESIDENTIAL $28.79 $29.93 $30.10 $31.54 $32.04 $34.74 $34.88 $37.45CONTRACTORS LICENSE TAX $88.58 $92.10 $92.62 $97.05 $98.57 $106.91 $107.34 $115.24TECHNOLOGY MAINTENANCE $14.00 $14.00 $14.00 $14.00 $14.00 $14.00 $14.00 $14.00TECHNOLOGY PROGRAM RECOVERY $24.00 $24.00 $24.00 $24.00 $24.00 $24.00 $24.00 $24.00JOB CARD HOLDER $1.50 $1.50 $1.50 $1.50 $1.50 $1.50 $1.50 $1.50MEASURE A - SENIOR SFR $974.00 $974.00 $974.00 $974.00 $974.00 $974.00 $974.00 $974.00MEASURE A ADMIN 2% $19.48 $19.48 $19.48 $19.48 $19.48 $19.48 $19.48 $19.48CIP SFD AGE - GENERAL GOVERNMENT $1,897.00 $1,897.00 $1,897.00 $1,897.00 $1,897.00 $1,897.00 $1,897.00 $1,897.00CIP SFD AGE - TRAFFIC/CIRCULATION $3,770.00 $3,770.00 $3,770.00 $3,770.00 $3,770.00 $3,770.00 $3,770.00 $3,770.00CIP SFD AGE - FIRE PROTECTION $748.00 $748.00 $748.00 $748.00 $748.00 $748.00 $748.00 $748.00RECREATION SFD $8,009.00 $8,009.00 $8,009.00 $8,009.00 $8,009.00 $8,009.00 $8,009.00 $8,009.00WATER CONNECTION 1 INCH METER *footnote 2 $6,598.00 $6,598.00 $6,598.00 $6,598.00 $6,598.00 $6,598.00 $6,598.00 $6,598.00RESIDENTIAL W/ WATER METER $41.00 $41.00 $41.00 $41.00 $41.00 $41.00 $41.00 $41.00SEWER CONNECTION *see footnote 2 $4,770.00 $4,770.00 $4,770.00 $4,770.00 $4,770.00 $4,770.00 $4,770.00 $4,770.00SEWER TREATMENT *see footnote 2 $3,176.00 $3,176.00 $3,176.00 $3,176.00 $3,176.00 $3,176.00 $3,176.00 $3,176.00Estimate of City of Galt Fees Due $33,495.68 $33,633.09 $33,649.45 $33,817.39 $33,877.67 $34,198.18 $34,213.69 $34,518.68

Galt Joint Union - commercial rate $0.61 psf $1,001.01 $1,045.54 $1,052.25 $1,107.76 $1,128.50 $1,235.25 $1,240.74 $1,342.00CSD Fire District Fees 916-405-7111 $442/model & $282/production $282.00 $282.00 $282.00 $282.00 $282.00 $282.00 $282.00 $282.00

TOTAL ESTIMATED FEES $34,778.69 $34,960.63 $34,983.70 $35,207.15 $35,288.17 $35,715.43 $35,736.43 $36,142.68Average Fee $35,351.61FOOTNOTES1) All fees are based on the current fee schedule which is subject to change at any time.2) Contact PW for additional information3) Assumes that solar PV plans are included in the master plan submittal for homes.4) For master plan subdivisions, the building plan review fee for each building permit shall be 25% of the full plan review fee.

COUNTYCOMMUNITY MASTER PLAN PROJECT NAME DEVELOPER NAME

BASE PRICE

SQUARE FOOTAGE LEVELS

LOT DIMENSI

ON LOT SIZE

SPECIAL ASSESME

NTS HOAPlacer Roseville Solaire Eclipse-6000 Lennar Homes $549,990 2466 1 60 x 100 6,000 208 240

$571,990 2650 1$578,990 2713 1$584,990 2766 1

Placer Roseville Solaire Larissa-5000 Lennar Homes $475,990 1884 1 50 x 100 5,000 208 240$497,990 2064 1$510,990 2188 1$520,990 2309 1

Placer Roseville Solaire Meridian-4500 Lennar Homes $401,990 1246 1 45 x 100 4,500 208 240$424,990 1445 1$450,990 1712 1$458,990 1784 1

Sacramento Elk Grove Vineyard Creek Heritage -Vineyard Creek-4950 Lennar Homes $403,990 1743 1 55 x 90 4,950 220 222$413,990 1824 1$429,990 2071 1$436,990 2206 1

Sacramento Natomas Westshore Four Seasons-5000 K. Hovnanian Homes $324,228 1298 1 50 x 100 5,000 176 215$332,950 1308 1$343,106 1432 1$345,210 1433 1$354,990 1704 1$355,990 1769 1

Sacramento Natomas Westshore Heritage -Carmel Collection-5250 Lennar Homes $345,990 1295 1 50 x 105 5,250 175 215$361,990 1433 1$373,990 1531 1$437,990 1743 1$463,990 1904 1$485,990 2071 1$490,990 2206 1

Sacramento Galt Dry Creek Oaks DCO-4500 $389,000 1641 1 45x100 4,500 20+/- 240$399,000 1725 1 45x100 4,500$409,000 1816 1 45x100 4,500

Sacramento Galt Dry Creek Oaks DCO-5000 $419,000 1850 1 50x100 5,000 20+/- 240$429,000 2025 1 50x100 5,000$439,000 2200 1 50x100 5,000

* Senior Projects are noted by boxing the project name.

(916) 983-3524

www.thegregorygroup.com info@thegregorygroup.com

Project Summary ReportGenerated 05/09/2018 at 04:46 PM

Community Project Name Developer Open Date LS/D Sq. Ft.Min/Max

Base Price Min/Max

Pr/Sq. FtMin/Max Planned Offered Sold Total Inv Total

WSRQtr

WSRQtrSold

Elk Grove Cambria atFieldstone Lennar Homes 11/15/16 6,500 2,361 - 3,427 $531,990 -

$585,990 $170.99 -$225.32 130 75 65 65 0.92 1.15 15

Elk Grove Flagstone D.R. Horton 05/15/17 4,000 1,404 - 1,811 $353,990 -$379,990

$209.82 -$252.13 68 57 57 11 1.27 1.23 16

Elk Grove Greyhawk PointRichmondAmericanHomes

11/18/17 5,800 2,320 - 3,430 $465,950 -$522,950

$152.46 -$200.84 77 20 18 59 0.95 0.92 12

Community Total/Avg 5,433 / - 2,523 $475,821 $196.23 275 152 140 135 1.04 1.10 43

Community Min/Max 1,404/3,430 $353,990/$585,990

$152.46/$252.13

This report was generated by The Gregory Group

Elk Grove

(916) 983-3524

www.thegregorygroup.com info@thegregorygroup.com

Project Summary ReportGenerated 05/09/2018 at 04:43 PM

Community Project Name Developer Open Date LS/D Sq. Ft.Min/Max

Base Price Min/Max

Pr/Sq. FtMin/Max Planned Offered Sold Total Inv Total

WSRQtr

WSRQtrSold

Galt Parker Creek I& II KB Home 09/15/14 6,500 1,996 - 2,597 $379,000 -

$408,000 $156.91 -$193.89 128 128 127 1 0.69 0.38 5

Galt WoodburyEstates Elliott Homes 04/15/16 8,300 2,005 - 2,766 $417,950 -

$478,950 $172.33 -$208.45 132 132 127 5 1.25 0.46 6

Community Total/Avg 7,400 / - 2,393 $424,917 $178.85 260 260 254 6 0.97 0.42 11

Community Min/Max 1,996/2,766 $379,000/$478,950

$156.91/$208.45

This report was generated by The Gregory Group

Galt

Dry Creek Oaks Confidentiality Disclosure &

Brokerage Disclaimer

Bayless Properties, Inc. BRE 01523148 2410 Fair Oaks Blvd. Suite 110 Sacramento, CA 95825 Phone: 916-641-0300 E-mail: doug@baylessproperties.com CA BRE# 00872277 www.baylessproperties.com

This information has been obtained by sources deemed reliable, but it cannot be guaranteed by BAYLESS PROPERTIES, INC. All interested parties should confirm property information independently.

The information contained in this offering material (“Brochure”) is confidential, furnished solely for the purpose of a review by prospective purchaser of any portion of Dry Creek Oaks (APNs 150-0092-010, -012, -024, -29 & -030) within the County of Sacramento, California (“Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of Bayless Properties, Inc. (“Bayless Proper-ties”). The material is based in part upon information supplied by OLD MOTHER LODE LLC (“Seller”) and in part upon information obtained by Bayless Properties from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all-inclusive but rather only an outline of some of the provi-sions contained therein. No warranty or representation, expressed or implied, is made by Seller, Bayless Proper-ties, or any of their respective affiliates, as to the accuracy or completeness of the information contained herein or as to engineering or environmental matters. Prospective purchasers should make their own projections and con-clusions without reliance upon the materials contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material located at the site. This Brochure was prepared by Bayless Properties. It contains select information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may desire. All assumptions are provided for general reference purposes only and are based on assumptions relating to the gen-eral economy, competition and other factors beyond control and, therefore, are subject to material change or vari-ation. In this Brochure, certain documents and other materials are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they consti-tute a legal analysis of such documents. Interested parties are expected to independently review all documents. This Brochure is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Bayless Properties or the Seller. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisa-bility of purchasing the Property described herein. Seller and Bayless Properties expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and/or to terminate discussions with any party at any time with or without notice. Seller shall have no legal commitment or obligation to any purchaser reviewing this Brochure or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Seller and any conditions to Seller's obligations there under have been satisfied or waived. Bayless Properties is not authorized to make any representations or agreements on be-half of Seller. This Brochure is the Property of Bayless Properties and may be used only by parties approved by Bayless Proper-ties. The Property is privately offered and, by accepting this Brochure, the party in possession hereof agrees (i) to return it to Bayless Properties immediately upon request of Bayless Properties or Seller and (ii) that this Brochure and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Brochure may be copied or otherwise reproduced or disclosed to anyone without the prior written authoriza-tion of Bayless Properties and Seller. Please be advised, Buyer acknowledges that Bayless Properties, Inc., may (1) act as an agent for more than one prospective Buyer on the subject property and/or (2) act as the agent for both the Buyer and Seller on the subject property. Any prospective Buyer requesting Bayless Properties to submit an offer on its behalf acknowledges the foregoing disclosures and agrees to the described agency relationships with other prospective Buyers. The terms and conditions set forth above apply to this Brochure in its entirety.