Homes for sale - 0 Cherry ST, Wildomar, CA 92595

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Jeffrey Bullock

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$ 1,200,000

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0 Cherry ST Wildomar, CA 92595

2.37 Acres Lot

UPDATED:

12/04/2024 11:16 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC23222337

HOA Y/N No

Lot Size 2.370 Acres

Property Description

ATTENTION BUILDERS..INVESTORS..DEVELOPERS. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on this expansive lot. You will have a head start on creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area, and the completion of this project is estimated to yield an approximate sale price of $7,500,000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers, and Recreation Facilities - Easy Access to Major Highways for Commuting Don't miss out on this incredible opportunity to invest in Wildomar's thriving real estate market. Whether you're an experienced developer or someone looking to capitalize on the demand for quality homes, this 2.37 acre lot with an approved tentative track map is the perfect canvas for your next success story.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-1

Interior

Fireplace No

Exterior

Fence None

Community Features Mountainous

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N Yes

View Mountain(s)

Present Use Residential

Building

Lot Description 2-5 Units/Acre, Lot Over 40000 Sqft, Level

Sewer Other

Water Public

New Construction No

Others

Senior Community No

Tax ID 366280022

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard

Listed by Raghda Ali • Keller Williams Realty • 714-332-9993

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