1 Palomar ST Pending Save Request In-Person Tour Request Virtual Tour
Wildomar,CA 92595
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SW23108050
Annual Tax Amount $19,897
Lot Size 10.490 Acres
Property Description
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
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning RR/C1-CP
Interior
Inclusions Fault Study
Exterior
Fence None
Community Features Urban
Utilities Available Electricity Available,Sewer Available,Water Available
View Y/N Yes
View Hills,Neighborhood
Building
Lot Description Value In Land,Gentle Sloping
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,1031 Exchange,Subject To Other
Listing Terms Cash,1031 Exchange,Subject To Other
Special Listing Condition Standard