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$450,000

Est. payment - /mo

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2.33 Acres Lot

Active

0 Monte Verde Unincorporated, CA 92592

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW23164100

HOA Y/N No

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

Area 699 - Not Defined

Zoning R-R

Interior

Fireplace No

Exterior

Fence None

Community Features Golf, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View Y/N Yes

View Neighborhood

Present Use Investment,Unimproved

Building

Lot Description 0-1 Unit/Acre, Corner Lot, Greenbelt, Gentle Sloping, Lot Over 40000 Sqft, No Landscaping, Rectangular Lot, Street Level, Value In Land

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 917310030

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Listed by Bradley Jones • Coldwell Banker Realty • 760-583-8059

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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