This approximately 40-acre flat and usable parcel is located within a key growth corridor of Winchester, offering excellent conditions for immediate planning and phased residential development.
The property is one of the few large parcels in the area with municipal water service and a full irrigation system, significantly reducing upfront infrastructure costs and enhancing overall project feasibility.
The land is zoned for residential use, and is surrounded by existing and planned developments from established homebuilders, indicating a clear growth trajectory and strong housing demand in the area.
With direct access to Winchester Road, the site offers convenient connectivity to nearby retail, services, and community amenities. The property is also located just minutes from the I-215 Freeway, providing strong regional access.
Situated near Diamond Valley Lake, the property benefits from attractive natural surroundings, adding value to future community design, pricing, and marketability.
Ideal for residential subdivision, master-planned community development, or long-term land banking.
Well-suited for developers and institutional investors.
The property is one of the few large parcels in the area with municipal water service and a full irrigation system, significantly reducing upfront infrastructure costs and enhancing overall project feasibility.
The land is zoned for residential use, and is surrounded by existing and planned developments from established homebuilders, indicating a clear growth trajectory and strong housing demand in the area.
With direct access to Winchester Road, the site offers convenient connectivity to nearby retail, services, and community amenities. The property is also located just minutes from the I-215 Freeway, providing strong regional access.
Situated near Diamond Valley Lake, the property benefits from attractive natural surroundings, adding value to future community design, pricing, and marketability.
Ideal for residential subdivision, master-planned community development, or long-term land banking.
Well-suited for developers and institutional investors.
Property Details
Price:
$7,999,999
MLS #:
WS26028413
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
699notdefined
Listed Date:
Feb 11, 2026
Lot Size:
1,722,362 sqft / 39.54 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
LAKE, BIKI
Financial
Map
Community
- Address34250 Olive Ave Winchester CA
- CityWinchester
- CountyRiverside
- Zip Code92596
Market Summary
Current real estate data for Land in Winchester as of Mar 11, 2026
29
Land Listed
235
Avg DOM
$2,681,376
Avg List Price
Property Summary
- 34250 Olive Ave Winchester CA is a Land for sale in Winchester, CA, 92596. It is listed for $7,999,999 and features 40 acres.
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Courtesy of RE/MAX 2000 REALTY. 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 2026. California Regional Multiple Listing Service. All rights reserved.34250 Olive Ave
Winchester, CA