United StatesCaliforniaWildomar1 Palomar Street

1 Palomar Street 1 Palomar Street Wildomar, California 92595 United States

$2,500,000
 Get directions
 
This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER...

Realty ONE Group Southwest

Listing Courtesy of Realty ONE Group Southwest, Email/Phone : 951-813-9009
$2,500,000
Change Currency
4.25 ha
Exterior
Land
Property type
SW23108050
Web Id
SW23108050
MLS ID
Lake Elsinore Unified
School District
675
days ago
This Property is Currently Contract Pending

About 1 Palomar Street

This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development. 368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres. Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR

Listing Courtesy of Realty ONE Group Southwest, Email/Phone : 951-813-9009

Amenities

  • View

features

Additional Listing Type
In Contract

PROPERTY INFORMATION

Community Info
Urban
Sewer
PublicSewer
View
Hills, Neighborhood
Water
Public

EXTERIOR

Lot Description
ValueInLand, GentleSloping
Listing Courtesy of Realty ONE Group Southwest, Email/Phone : 951-813-9009

Realty ONE Group Southwest

Listing Courtesy of Realty ONE Group Southwest, Email/Phone : 951-813-9009
Contact Agent