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1 Palomar Street

Wildomar, CA 92595
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 387 Days
  • ID#: SW23108050
Under Contract
$2,500,000
  • 0
    BEDS
  • 10.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Corinne Berge of Realty ONE Group Southwest (951-216-2000) and Barbara Tobin of Rancon Real Estate(951-676-5736)


Description

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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-13T00:31:49.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/140773545
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1 Palomar Street Wildomar, CA 92595

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 387 Days
  • ID#: SW23108050
0
Beds
0
Baths
0
½ Baths
10.49
Acres
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
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
Exterior Features

Elevation 1292 Fencing None Lot Features Value In LandGentle Sloping Road Frontage Type City Street Road Surface Type Paved Sign On Property YN Yes View HillsNeighborhood View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Urban Contingency Seller to Finalize the MDr designation per new GPASeller may desire to do a 1031 Tax Deferred Exchange.TAX BILLS IN SUPPLEMENTS Current Financing None Disclosures Incorporated Electric Unknown Inclusions Fault Study Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 ExchangeSubject To Other New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 19897 Utilities Electricity AvailableSewer AvailableWater Available Water Source Public Zoning RR/C1-CP Zoning Description designation to be MDR



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-13T00:31:49.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Corinne Berge of Realty ONE Group Southwest (951-216-2000) and Barbara Tobin of Rancon Real Estate(951-676-5736)