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Listed by Shawn Smithson • RE/MAX One
$ 7,500,000
Est. payment | /mo
4,573,800 SqFt
$ 7,500,000
Est. payment | /mo
4,573,800 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,573,800 sqft
Price per Sqft $1
MLS Listing ID CRLG20034756
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 105.000 Acres
Property Sub-Type Unimproved Land
Property Description
105± ACRE RETREAT in MENIFEE VALLEY, SOUTHWEST RIVERSIDE COUNTY, SOUTHERN CALIFORNIA. Fantastic for Tract Development. Discover a unique investment opportunity with this huge rural residential property. Situated centrally between San Jacinto and Menifee Valleys. This prime tract includes 10 separate parcels. Whether you envision a new home tract, a horse ranch or a combination of both. The area is experiencing rapid growth with a high demand for new housing, making this property a strategic investment. Previously, an expired tentative tract map from 2014 proposed 176 homes on 101 acres with 8,000± sq. ft. lots. Currently utilized as a serene RETREAT, the property features a charming RANCH HOME, various OUTBUILDINGS, a working tax-deductible VINEYARD, multiple FRUIT TREES, and (4) FOUR WATER WELLS, ensuring a sustainable and self-sufficient environment. The 10 parcels included in this sale are currently zoned RR and provide great flexibility: use all 10 for a large-scale residential project or resell individual parcels to offset development costs. This growing area is surrounded by ongoing redevelopment, including commercial and medical facilities, shopping centers, and significant industrial projects. Conveniently located near the prestigious Sky Mesa Ranches gated community, k
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
View City Lights, Hills, Valley, Other, Orchard, Vineyard
Building
Lot Description Agricultural, Corner Lot, Cul-De-Sac, Horses Possible, Irregular Lot, Level, Other, Paved
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227