Description

Approximately 4.6 acres of flat vacant land with sewer and water available in the street supplied by Eastern Municipal Water District. Surrounded by several graded residential subdivisions across Olive Avenue to the south of the site. Per the Riverside County GIS report, the site is not in a biological cell,not in a flood plain, not in a fault zone and could have a relatively high water table. This area is undergoing a rapid growth spurt, as there are numerous exciting residential subdivisions available to builders, which can accommodate homes at competitive prices compared to Murrieta and Temecula. As this area matures the subject property has the potential to be up zoned from its current R-R designation making it a great buy and hold property. There is no CFD or assessment district in place resulting in a very low tax rate.

Details

MLS#SW18238598
Sub-TypeResale
StatusActive
Days On Site110

Features

ZoningR-R
Acreage4.60
Property ViewYes

Market Activity

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Area Information

StateCA
CountyRiverside
CityWinchester
AreaSRCAR - Southwest Riverside County
Listing VS Median (in )
Price:
$475,000
low | high
Med:
$17,500
100% of Average
On Site:
110
low | high
Med:
110
100% of Average
Listing Updated: 04/24/2019
MLS Number: SW18238598
Listing Provided By:
Karen Summers  of  Rancon Real Estate-Murrieta
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