$2,500,000
Sqft lot: 456,944
Acre lot: 10.49
97 Days On Market

Courtesy of Realty ONE Group Southwest.

Status: Contingent
Property Type: Lots/land
Days On Website: 97

Property Details for 1 Palomar, Wildomar, CA 92595

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

Listing

  • Listed on date: 2023-06-21
  • Source: SDMLS
  • For Sale
  • 252 days on market

Location

  • County: Riverside

Lot

  • 10+ to 20 AC
  • Approximately 456,944 lot square feet
  • Approximately 10 acres
  • N/K

Miscellaneous

  • Value in Land

Property

  • Slope Gentle

Utilities

  • Electric

Map View


$2,500,000 - 1 Palomar, Wildomar, CA 92595

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1 Palomar
Wildomar, CA 92595
County: Riverside