Rare opportunity to acquire approximately 11.7 acres in the City of Wildomar, consisting of three separate parcels being offered and sold together: APNs 380-050-011, 380-050-012 and 380-050-016. This unique property offers an exceptional combination of usable acreage, privacy, mountain views and future development potential in a growing area of Southwest Riverside County.
The property features two separate access points, providing flexibility for future use and circulation, along with two large existing storage barns. The expansive acreage offers plenty of room for a private estate, equestrian use, agricultural or recreational improvements, or potential residential development.
The City of Wildomar has recently updated its zoning and development framework under Envision Wildomar 2040. Portions of the property have historically carried Rural Residential (R-R) and residential zoning, while prior City planning documents have identified portions of the assemblage with residential land-use designations allowing greater density. This creates an exciting opportunity for builders, developers, investors or an owner-user looking to secure a substantial amount of land within the City.
All three parcels are intended to be sold together and Seller’s preference is not to separate the parcels. Buyer and Buyer’s Agent are advised to independently verify zoning, General Plan and land-use designations, allowable density, subdivision potential, utilities, access, development requirements and all intended uses directly with the City of Wildomar and appropriate agencies.
With approximately 11.7 combined acres, multiple parcels, two access points, existing storage structures and beautiful mountain views, this is a rare opportunity to own a significant piece of land with a variety of possibilities in Wildomar.
For sale
Listed by: SimpliHOM • Jessica Davidson • Contact: 951-522-8281
$4,150,000
21940 Palomar St, Wildomar, CA 92595
3beds
1,669sqft
Single Family Residence
Built in 1936
5.64 Acres Lot
$-- Zestimate®
$2,487/sqft
$-- HOA
What's special
- 21 days
- 309
- 9
Zillow last checked:
Listing updated:
Listed by:
Jessica Davidson DRE #01982721 951-522-8281,
SimpliHOM
Source: CRMLS,MLS#: SW26190583
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room, Workshop
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal
- Laundry: Inside
Features
- Pantry, All Bedrooms Down, Workshop
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,669 sqft
Property
Parking
- Total spaces: 15
- Parking features: Garage
- Garage spaces: 15
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: One
- Stories: 1
- Entry location: front street
- Patio & porch: Front Porch
- Pool features: None
- Has view: Yes
- View description: Hills
Lot
- Size: 5.64 Acres
- Features: 11-15 Units/Acre
Details
- Additional parcels included: 380050012, 380050011
- Parcel number: 380050016
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Unknown
- Water: Well
Community & HOA
Community
- Features: Rural
Location
- Region: Wildomar
Financial & listing details
- Price per square foot: $2,487/sqft
- Tax assessed value: $609,765
- Date on market: 9/2/2026
- Cumulative days on market: 22 days
- Listing terms: Conventional,Submit
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $4,150,000+721.8%$2,487/sqft |
Source: | ||
| 7/24/2015 | Sold | $505,000+1.2%$303/sqft |
Source: Public Record Report a problem | ||
| 7/2/2015 | Pending sale | $499,000$299/sqft |
Source: Allison James Estates & Homes #SW15128246 Report a problem | ||
| 6/14/2015 | Listed for sale | $499,000$299/sqft |
Source: Allison James Estates & Homes #SW15128246 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $609,765 +2% |
| 2025 | $6,402 +4.7% | $597,810 +2% |
| 2024 | $6,115 +1.3% | $586,089 +2% |
| 2023 | $6,037 +2% | $574,598 +2% |
| 2022 | $5,920 +2% | $563,332 +2% |
| 2021 | $5,806 +1% | $552,288 +1% |
| 2020 | $5,747 +2% | $546,626 +2% |
| 2019 | $5,636 +2% | $535,909 +2% |
| 2018 | $5,527 +2% | $525,402 +2% |
| 2017 | $5,420 | $515,100 +2% |
| 2016 | $5,420 +177.2% | $505,000 +164.7% |
| 2015 | $1,955 +3.3% | $190,746 +2% |
| 2014 | $1,892 | $187,012 +0.5% |
| 2013 | -- | $186,169 +2% |
| 2012 | -- | $182,520 +2% |
| 2011 | -- | $178,942 +0.8% |
| 2010 | -- | $177,606 -0.2% |
| 2009 | -- | $178,030 +2% |
| 2008 | -- | $174,540 +2% |
| 2007 | -- | $171,118 +2% |
| 2006 | -- | $167,764 +2% |
| 2005 | -- | $164,475 +3.9% |
| 2003 | -- | $158,297 +2% |
| 2002 | -- | $155,194 |
Find assessor info on the county website
Monthly payment
Est. payment




