The Property is approximately 4.0 +/- acres of land with an approved Tentative Subdivision Map for twelve 10,000 sq.ft. lots and one occupied single-family residence (life estate) located thereon within the incorporated City of Auburn. The site topography is sloping. Underground drainage improvements were installed by the previous developer. Final Map is ready to record. The 404 Permit has been issued and perfected by previous site development. Seller shall retain Life Estate on Property.