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$1,200,000   Price Analysis
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Cherry St
Wildomar, CA 92595
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.37 acre lot.
Listed 2023-12-07
Ⓧ USDA Ineligible
due to property

near Wildomar

ATTENTION BUILDERS.INVESTORS.DEVELOPERS.

This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103, 237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on th is expansive lot.

You will have a head start n creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area and the completion of this project is estimated to yield an approximate sale price of $7, 500, 000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers and Recreation Facilities - Easy Access to Major Highways for Commuting Don't miss out on this incredible opportunity to invest in Wildomar's thriving real estate market. Whether you're an experienced developer or someone looking to capitalize on the demand for quality homes, this 2.37 acre lot with an approved tentative track map is the perfect canvas for your next success story.


Presented by Raghda Ali at
Keller Williams Corona Market Center.
Listing Agent Photo

Property MLS #OC23222337 from CRMLS

Lot Description: 2-5 Units/Acre, Lot Over 40000 Sqft, Level
Lot Size Acres: 2.37
Lot Size Source: Assessor
Lot Size Square Feet: 103237

Road Surface Type: Paved

View: Mountain(s)

Calculated Total Monthly Association Fees: 0

Community Features: Mountainous

Source Listing Status: Active
County: Riverside
Directions: I-15 North to exit 71 towards Bundy Canyon Rd, Left to Cherry St
Source Property Type: Land
Area: SRCAR - Southwest Riverside County
Source Neighborhood: SRCAR - Southwest Riverside County
Parcel Number: 366280022
Zoning: R-1
Source System Name: C2C

Price Changed 2024-01-12
$1,200,000
CRMLS
Listed 2023-12-07
$1,100,000
CRMLS
Sold 2021-01-27
$250,000
CRMLS
Listing removed 2016-11-02
$269,000
CRMLS
Price Changed 2016-08-16
$269,000
CRMLS
Relisted 2016-01-27
$275,000
CRMLS
Listing removed 2016-01-05
$395,900
CRMLS
Price Changed 2015-10-26
$395,900
CRMLS
Price Changed 2014-09-11
$339,500
CRMLS
Listed 2013-09-19
$390,000
CRMLS

Electric: Standard
Electricity Available
Sewer Available
Water Available
Water Source: Public

Elsinore High School is a public high school located approximately 0.6 miles away.
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Ronald Reagan Elementary School is a public elementary school located approximately 2.4 miles away.
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David A. Brown Middle School is a public middle school located approximately 2.6 miles away.
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Cornerstone Christian is a private elementary, middle and high school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.