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
Pending
Listed by: The Cberge Group, Inc. • Corinne Berge • Contact: 951-813-9009
$2,500,000
1 Palomar St, Wildomar, CA 92595
--beds
--baths
10.49Acres
Unimproved Land
Built in ----
10.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Larger lots
- 1822 days
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
Corinne Berge DRE #00795397 951-813-9009,
The Cberge Group, Inc.,
Barbara Tobin DRE #01068675 951-676-5736,
The Cberge Group, Inc.
Source: CRMLS,MLS#: SW23108050
Originating MLS: California Regional MLS
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 10.49 Acres
- Features: Value In Land, Gentle Sloping
Details
- Additional parcels included: 368060012,368060025,368060026
- Parcel number: 368060011
- Zoning: RR/C1-CP
- Zoning description: designation to be MDR
- Special conditions: Standard
Utilities & green energy
- Electric: Unknown
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Urban
HOA
- HOA name: NA
Location
- Region: Wildomar
- Elevation: 1292 Feet
Financial & listing details
- Annual tax amount: $19,897
- Date on market: 6/21/2023
- Cumulative days on market: 1822 days
- Listing terms: Cash,1031 Exchange,Subject To Other
- Inclusions: Fault Study
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,325/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2024 | Pending sale | $2,500,000 |
Source: | ||
| 2/28/2024 | Contingent | $2,500,000 |
Source: | ||
| 2/28/2024 | Listed for sale | $2,500,000 |
Source: | ||
| 2/28/2024 | Contingent | $2,500,000 |
Source: | ||
| 6/21/2023 | Listed for sale | $2,500,000+140.1% |
Source: | ||
| 1/15/2021 | Listing removed | -- |
Source: | ||
| 12/9/2020 | Listed for sale | $1,041,161 |
Source: Realty ONE Group Southwest #SW20252497 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92595
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