$2,900,000
$3,700,000
21.6%For more information regarding the value of a property, please contact us for a free consultation.
42.18 Acres Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $2,900,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR21217829
Sold Date 05/31/24
HOA Y/N No
Lot Size 42.180 Acres
Acres 42.18
Property Description
This is an incredible opportunity to own a beautiful 43 acre property, consisting of 2 parcels. The lots are flat and zoned RL (Residential Low Density). This zoning allows single family homes, modular homes and townhomes, at an allowed density of 2.1 - 5 dwelling units per acre, allowing for a total of 90 - 215 dwelling units to be developed on the lots. There is an expired tentative tract map for 140 single family lots. The tentative tract map still complies with the current zoning, and it’s estimated it will take approximately six months to one year to bring the project to final recording. The property is surrounded by newer single family tract home developments that have been selling quickly. Furthermore, there is a new middle school currently in construction across the street, through the San Jacinto School District, with completion and enrollment scheduled for 2021. These lots are next to Mount San Jacinto State Park, and close to the Gilman Hot Springs, located in the rural and serene San Jacinto area, just far enough from everything to feel like you’re in the county, but still accessible to modern day amenities. The vacant lot is 10 minutes to the Soboba Casino Resort, Soboba Springs Golf Course, Golden Era Golf Course and the Mount San Jacinto College. Additionally,
Location
State CA
County Riverside
Area Listing
Zoning A210
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Sewer Connected, Water Connected
View Y/N true
View Other
Building
Lot Description Corner Lot, Horses Possible
New Construction No
Others
Tax ID 436280007
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Bought with GeneralNonmember
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States