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Listed by Bradley Jones • Coldwell Banker Realty
$450,000
Est. payment /mo
2.33 Acres Lot
Price Dropped by $145K
0 Monte Verde Unincorporated, CA 92592
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UPDATED:
12/10/2024 04:16 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW-23164100
Lot Size 2.330 Acres
Property Description
This is a beautiful, unique, buildable 2.3-acre corner lot offering a range of uses and potential uses, including a custom home or upside potential as a prime land investment. The parcel is located in Riverside County, adjoining the City of Temecula. It is in a neighborhood of attractive single family homes, between two of Temecula's most desirable neighborhoods of upscale homes: Redhawk and Marbella at Terracina. The lower 1.5 acres of the lot is nearly flat and offers flexibility for a suitable house pad. It is subject to recorded Easements, Conditions, Covenants & Restrictions, including existing roads, utilities, slopes, and storm drains that benefit adjacent properties, but it is not included in any neighborhood Homeowners Associations or subject to HOA Dues or Assessments or road maintenance fees. Buyer to rely on own investigations regarding title and uses. Rancho California Water District for water, Eastern Municipal Water District for sewer, and Southern California Edison for electric power are located at the property boundary. All surrounding roads are paved and street lights are installed. The lot has potential value as a fill site for hillside development or other export. The current R-R (Rural Residential) zoning allows for a wide choice of dwelling types and sizes, as well as some small business activities, animal keeping, and limited agriculture, including vineyards. R-R zoning allows horses (five per acre). Nearby is the excellent Great Oak High School, with a 10/10 Great Schools score. Other schools are Helen Hunt Jackson Elementary School and Vail Ranch Middle School. The site is about five to ten minutes from the following places: Pechanga Casino, Temecula Wine Country, and Temecula Valley Hospital, without any freeway driving required. The Temecula Parkway (CA Highway 79) retail corridor continues to expand, and Temecula Valley Wine Country is booming, with lush estates and over 50 wineries and resorts offering wine tasting, dining, and entertainment. Redhawk Golf Course is adjacent to the road, and a County Trail and Park are nearby. The site is less than five miles East of Interstate 15 and Old Town Temecula, which boosts numerous dining and entertainment facilities, plus historical markers. The General Plan enables Medium Density Residential, which allows for potential subdivision of two to five dwelling units per acre, subject to County approval, with Buyer to investigate. Drive by, but enter by Appointment Only.
Location
State CA
County Riverside
Zoning R-R
Exterior
Community Features Golf, Sidewalks, Storm Drains, Street Lights, Suburban
Utilities Available Sewer Available, Underground Utilities, Water Available, Cable Available, Electricity Available, Phone Available
View Y/N Yes
Building
Lot Description Corner Lot, Gentle Sloping, Greenbelt, Level with Street, Lot Over 40000 Sqft, No Landscaping, Rectangular Lot, Value In Land, 0-1 Unit/Acre
Sewer Public Sewer
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