$1,200,000
0 Cherry Street 366280022
Wildomar, CA, 92595
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.
Property Details
Price:
$1,200,000
MLS #:
OC23222337
Status:
Active
Baths:
0
Address:
0 Cherry Street 366280022
Type:
Land
Neighborhood:
srcarsouthwestriversidecounty
City:
Wildomar
Listed Date:
Dec 5, 2023
State:
CA
ZIP:
92595
Lot Size:
103,237 sqft / 2.37 acres (approx)
Schools
Interior
Exterior
Community Features
Mountainous
Electric
Standard
Fencing
None
Lot Features
2-5 Units/ Acre, Lot Over 40000 Sqft, Level
Sewer
Other
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Sewer Available, Water Available
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
0 Cherry Street 366280022
Wildomar, CA
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