Exceptional 138.66± Acres in Southwest Riverside County – Ideal for Tract Development. Discover a unique investment opportunity with this expansive 138.66± acre rural residential property in the burgeoning area of Homeland, situated centrally between San Jacinto and Menifee Valleys. This prime tract includes 19 separate parcels, offering versatile options for development, 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. Given the current market conditions and demand, there is potential to develop 200+ homes on this site. Currently utilized as a serene retreat, the property features a charming ranch home, various outbuildings, a working tax-deductible vineyard, multiple fruit trees, and four water wells, ensuring a sustainable and self-sufficient environment. The 19 parcels included in this sale provide flexibility: use all 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. It is conveniently located near the prestigious Sky Mesa Ranches gated community, known for its custom five-acre homes, with additional homes planned for the future.
Just minutes from Lake Perris for recreational activities such as fishing and boating, and with easy access to I-215, Ramona Expressway, and Hwy’s 74 &#38' 79, this property is ideally positioned for developers and builders. Don’t miss out on this exceptional opportunity in a rapidly expanding area—schedule a visit to see the potential of this prime land today!