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Listed by David Babiracki • Option West Realty
$ 6,500,000
Est. payment | /mo
11.62 Acres Lot
$ 6,500,000
Est. payment | /mo
11.62 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC-24161823
Lot Size 11.620 Acres
Property Description
This property is over 11.5 acres in a prime location, it includes two parcels, 174-340-026 and 174-340-027. This property backs to the Oak Quarry Golf Course. It is currently being used as a Horse Ranch and produces approximately $9000 per month in Net Revenue while the purchaser is finishing up the entitlement process. Currently we have preliminary approval for 35 Single family homes and 46 townhomes, please see attached supplements. This is a great opportunity for the right buyer/ developer. This Properrty has also been zoned for commerical development
Location
State CA
County Riverside
Zoning A-1
Exterior
Community Features Street Lights
Utilities Available Sewer Available, Electricity Connected
View Y/N Yes
View Golf Course
Building
Lot Description Corner Lot, Level, Lot Over 40000 Sqft, Rectangular Lot, Value In Land
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Darren Humphrey
Partner | Lic# DRE 01724424