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Listed by Pablo Cornejo • KW The Lakes
$525,000
Est. payment /mo
17.71 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG-26230757
Lot Size 17.710 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
INSTITUTIONAL DEVELOPER LAND ACQUISITION | 17.71 GROSS ACRES | 34-UNIT HIGH-DENSITY PORTFOLIO POTENTIAL
Incredible institutional or private equity development opportunity in the high-growth Hemet/Winchester submarket. This prime 17.71-gross-acre parcel (APN: 455-170-004) features a strategic Rural Residential zoning baseline with Low/Medium Density Residential General Plan designations, perfectly positioned for a high-yield residential community. The land features an extensive, verified municipal track record with multiple zoning layout clearances and finalized building plans for a substantial 3,527-square-foot modular dwelling, proving a frictionless path for structural permitting on the site.
Unlocking massive site optimization, active value-add civil engineering is already underway. An active Summary Street Vacation case is in progress to vacate lettered public right-of-way, engineered to reclaim 2.37 acres of raw land and expand the buildable footprint to a highly efficient 16.59 net usable acres. This technical land-use expansion provides an ideal foundation for high-density multi-family block distributions, factory-certified duplex arrays, or community housing initiatives optimized to leverage California ministerial streamlining legislation for rapid administrative processing.
The asset enjoys an immaculate compliance profile, featuring fully closed zoning cases, routine fire hazard reduction clearances, and established public utility easements. Utilities are highly accessible with active EMWD water infrastructure nearby. Secure a high-density footprint in a high-demand submarket and capitalize on the massive scale and yield potential this expansive development site offers. Buyer to verify all zoning guidelines, utility capacities, and active permit statuses with the County of Riverside.
Incredible institutional or private equity development opportunity in the high-growth Hemet/Winchester submarket. This prime 17.71-gross-acre parcel (APN: 455-170-004) features a strategic Rural Residential zoning baseline with Low/Medium Density Residential General Plan designations, perfectly positioned for a high-yield residential community. The land features an extensive, verified municipal track record with multiple zoning layout clearances and finalized building plans for a substantial 3,527-square-foot modular dwelling, proving a frictionless path for structural permitting on the site.
Unlocking massive site optimization, active value-add civil engineering is already underway. An active Summary Street Vacation case is in progress to vacate lettered public right-of-way, engineered to reclaim 2.37 acres of raw land and expand the buildable footprint to a highly efficient 16.59 net usable acres. This technical land-use expansion provides an ideal foundation for high-density multi-family block distributions, factory-certified duplex arrays, or community housing initiatives optimized to leverage California ministerial streamlining legislation for rapid administrative processing.
The asset enjoys an immaculate compliance profile, featuring fully closed zoning cases, routine fire hazard reduction clearances, and established public utility easements. Utilities are highly accessible with active EMWD water infrastructure nearby. Secure a high-density footprint in a high-demand submarket and capitalize on the massive scale and yield potential this expansive development site offers. Buyer to verify all zoning guidelines, utility capacities, and active permit statuses with the County of Riverside.
Location
State CA
County Riverside
Area Srcar-Southwest Riverside County
Zoning R-R
Exterior
Community Features Rural, Valley
View Y/N Yes
View Hills, Meadow, Mountain(s), City Lights
Building
Lot Description Level with Street, Lot Over 40000 Sqft, Near Public Transit, Utilities - Overhead, Value In Land, 16-20 Units/Acre
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900