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$1,200,000
Est. payment /mo
2.37 Acres Lot
UPDATED:
11/26/2024 08:51 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC23222337
Originating Board California Regional MLS
Lot Size 2.370 Acres
Property Description
ATTENTION BUILDERS..INVESTORS..DEVELOPERS. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on this expansive lot. You will have a head start on creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area, and the completion of this project is estimated to yield an approximate sale price of $7,500,000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers, and Recreation Facilities - Easy Access to Major H
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning D1,LZ,LL
Exterior
Fence None
Utilities Available Electricity - On Site
View Hills
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 366280022
Special Listing Condition Not Applicable
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Listed by Raghda Ali • Keller Williams Realty
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Sharad Gupta
Broker | License ID: 02213637
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