1 Palomar ST, Wildomar, CA 92595
1 Palomar ST, Wildomar, CA 92595
1 Palomar ST, Wildomar, CA 92595
1 Palomar ST, Wildomar, CA 92595
1 Palomar ST, Wildomar, CA 92595
1 Palomar ST, Wildomar, CA 92595
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,500,000
Est. payment | /mo

10.49 Acres Lot

Save
$ 2,500,000
Est. payment | /mo
Save

10.49 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Na

MLS Listing ID SW23108050

HOA Y/N No

Annual Tax Amount $19,897

Lot Size 10.490 Acres

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

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning RR/C1-CP

Interior

Inclusions Fault Study

Fireplace No

Exterior

Fence None

Community Features Urban

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N Yes

View Hills, Neighborhood

Present Use Unimproved

Building

Lot Description Value In Land, Gentle Sloping

Sewer Public Sewer

Water Public

New Construction No

Others

HOA Name NA

Senior Community No

Tax ID 368060011

Acceptable Financing Cash, 1031 Exchange, Subject To Other

Listing Terms Cash, 1031 Exchange, Subject To Other

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Corinne Berge The Cberge Group, Inc. 951-813-9009, DRE #00795397

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.