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Key Details
Sold Price $392,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21094770
Sold Date 02/17/22
HOA Y/N No
Lot Size 6.760 Acres
Acres 6.76
Property Description
This great vacant parcel of land is about 1.50 from Newport Rd and about 1/4 of a mile from the Paloma Valley High School. This 6.76 Acres lot currently has the R-1 Zoning or LDR. According to the City of Menifee's Planning and Community Development as of early this year there is a 10,000 sf minimum square foot lot size for the subdivision of this land for each Single Family Development. There is a possibility of 25-27 Single Family Homes that can be built on this land. The future owner of this large parcel of land can apply and potentially change the Zoning to HDR for Condominium or Apartment Building development by applying for a General Plan Amendment with the City of Menifee Community Development Department. There is also a Well on this land.
This great vacant parcel of land is about 1.50 from Newport Rd and about 1/4 of a mile from the Paloma Valley High School. This 6.76 Acres lot currently has the R-1 Zoning or LDR. According to the City of Menifee's Planning and Community Development as of early this year there is a 10,000 sf minimum square foot lot size for the subdivision of this land for each Single Family Development. There is a possibility of 25-27 Single Family Homes that can be built on this land. The future owner of this large parcel of land can apply and potentially change the Zoning to HDR for Condominium or Apartment Building development by applying for a General Plan Amendment with the City of Menifee Community Development Department. There is also a Well on this land.
Location
State CA
County Riverside
Area Riv Cty-Menifee (92584)
Building
Lot Size Range 4+ to 10 AC
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Bhakta Thapa • Realty One Group United