$392,000
$400,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
6.76 Acres Lot
SOLD DATE : 02/17/2022
Key Details
Sold Price $392,000
Property Type Vacant 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.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning RR
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N No
View None
Building
Lot Description Level, Rectangular Lot
Water Public, Well
New Construction No
Others
Senior Community No
Tax ID 360190012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Bhakta Thapa • Realty One Group United
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner