1/3 interest in HR #48 with the rights to build the main house. Ownership enables daily access for 4 persons (the property owner and his or her designees), plus guests (per HR CC&Rs) of those owners and/or designees. The owner will also have the right to build the main house. The location and preliminary plans have been approved by the HROA Design Committee, and the locations have been approved by the Architectural Review Board of the County of SB. Much of the environmental and permitting work has been completed and either approved or reviewed by the County of SB. The property includes a permitted and completed and productive well. A fully operational water tank is located adjacent to the well.