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For sale
  • Listed by: SimpliHOM • Jessica Davidson • Contact: 951-522-8281
    $4,150,000

    21940 Palomar St, Wildomar, CA 92595

    3beds
    1,669sqft
    : 
    $29,210/mo
    Get pre-qualified
    Single Family Residence
    Built in 1936
    5.64 Acres Lot
    $-- Zestimate®
    $2,487/sqft
    $-- HOA

    What's special

    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.
    21 days
    309
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Davidson DRE #01982721 951-522-8281,

    SimpliHOM

    Source: CRMLS,MLS#: SW26190583MLS LogoOriginating 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

        DateEventPrice
        9/2/2026Listed for sale$4,150,000+721.8%$2,487/sqft
        Source: CRMLS #SW26190583 Report a problem
        7/24/2015Sold$505,000+1.2%$303/sqft
        Source: Public Record Report a problem
        7/2/2015Pending sale$499,000$299/sqft
        Source: Allison James Estates & Homes #SW15128246 Report a problem
        6/14/2015Listed for sale$499,000$299/sqft
        Source: Allison James Estates & Homes #SW15128246 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92595

        Getting around

        32 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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