$1,200,000
0 Cherry Street Wildomar, CA 92595
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$1,200,000
Est. payment /mo
2.37 Acres Lot
UPDATED:
01/12/2024 10:24 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC23222337
HOA Y/N No
Lot Size 2.370 Acres
Acres 2.37
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 Listing
Zoning R-1
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Electricity Connected, Sewer On Site
View Y/N true
View Mountain(s)
Building
Lot Description Level
New Construction No
Others
Tax ID 366280022
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Listed by Raghda Ali • Keller Williams Corona Market Center
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122