UPDATED:
09/30/2024 06:32 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24101434
HOA Y/N No
Annual Tax Amount $4,711
Lot Size 6.760 Acres
Property Description
Discover an exceptional development opportunity in the heart of Menifee, one of Southern California's fastest-growing cities.
This expansive 6.76 acre parcel has gone through a rigorous formal preplanning approval process, including discussions with several city departments such as planning, public works, building and safety, and the fire department. The proposed development plan is for 28 single-family home lots with minimum 7,200 sq.ft. (LDR-2) and 18 lots with minimum 10,000 Sq.Ft. (LDR-1).
Property Highlights:
Location: Centrally located in Menifee, surrounded by a thriving community, public high school and City Parks.
Preapproval: Preplanning approved for 18 individual lots under LDR-2 zoning.
Potential: Possibility of zoning change from LDR-1 to LDR-2, increasing potential lots to 28.
Land Size: Total of 6.76 acres.
This site is labeled as ready-to-build, with all essential utilities conveniently located nearby streets. Additionally, the Utility Agencies are positive about collaborating with developers on extending the sewer line to the listed property, ensuring a seamless connection.
Sewer: Proximity to sewer lines has adequate capacity to serve the proposed development per EMWD.
Development Ready: Site is ready for immediate development, reducing initial pre-planning setup time.
Professional Design and Engineering Support
Preplanning design drawings have been developed by BIRDY & Associates, professional registered engineers in California. This respected firm is willing to collaborate with potential buyers, providing detailed plans and additional information as needed. The property is also situated next to a fully developed site, nearby high school. City park and nearby school adds value and appeal to this prime real estate.
Engineering Support: Preplanning designs by BIRDY & Associates, available for further consultation.
Adjacent Development: Neighboring fully developed site enhances property value.
Community Appeal: Located in a desirable, well-established neighborhood, making it attractive for future homeowners.
Don't miss out on this unique opportunity to develop 18 to 28 or even more single-family homes in a prime location within Menifee.
Contact us today for more information and to schedule a viewing of this exceptional property!
Buyer to Verify all information with City and Utility Agencies.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R-1
Interior
Fireplace No
Exterior
Community Features Lake
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Present Use Unimproved
Building
Lot Description Landscaped, Level
Sewer Public Sewer
Water Public
New Construction No
Others
HOA Name No
Senior Community No
Tax ID 360190012
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
MORTGAGE CALCULATOR
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