This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development.
368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres.
Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR
368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres.
Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR
Property Details
Price:
$2,500,000
MLS #:
SW23108050
Status:
Pending
Baths:
0
Address:
1 Palomar Street 368060011
Type:
Land
Neighborhood:
srcarsouthwestriversidecounty
City:
Wildomar
Listed Date:
Jun 21, 2023
State:
CA
ZIP:
92595
Lot Size:
456,944 sqft / 10.49 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Improvements
none
Exterior
Community Features
Urban
Electric
Electricity – Unknown
Elevation
1292
Fencing
None
Lot Features
Value In Land
Sewer
Public Sewer
View
Hills, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
HOA Name
NA
Utilities
Electricity Available, Sewer Available, Water Available
Map
Community
- Address1 Palomar Street 368060011 Wildomar CA
- AreaSRCAR – Southwest Riverside County
- CityWildomar
- CountyRiverside
- Zip Code92595
Similar Listings Nearby
- 17704 Grand Avenue 381190001
Lake Elsinore, CA$2,750,000
3.72 miles away
- 38 Bundy Canyon Road 366320053
Wildomar, CA$2,500,000
2.12 miles away
- 32580 Clinton Keith Road 380140013
Murrieta, CA$2,000,000
2.58 miles away
- 0 Mission Trail 370090038
Wildomar, CA$2,000,000
0.98 miles away
Courtesy of Realty ONE Group Southwest. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1 Palomar Street 368060011
Wildomar, CA
LIGHTBOX-IMAGES