Properties

Wildomar, CA 92595 1 Palomar Street

Pending
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Presented By: Corinne Berge with Realty ONE Group Southwest; 951-813-9009
  • MLS# SW23108050
  • 06/21/2023
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Home Details

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
Presented By: Corinne Berge with Realty ONE Group Southwest; 951-813-9009

General for 1 Palomar Street

Additional Parcels Description368-060-012, 368-060-025, 368-060-026
Additional Parcels Y/NYes
Association NameNA
CityWildomar
Community FeaturesUrban
CountyRiverside
Current FinancingNone
Current UseUnimproved
DirectionsPalomar St just West of Wesley.
DisclosuresIncorporated
ElectricUnknown
Elevation1292
HOANo
HOA Fee$
Land Lease Y/NNo
Listing TermsCash, Exchange1031, SubjectToOther
Lot Size Square Feet456944.4
Lot Size UnitsAcres
MLS AreaSRCAR - Southwest Riverside County
New ConstructionNo
Possible UseAgricultural, Residential, SeeRemarks
PostalCityWILDOMAR
Property TypeLand
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Annual Amount19897
UtilitiesElectricityAvailable, SewerAvailable, WaterAvailable
ViewHills, Neighborhood
ZoningRR/C1-CP
Zoning Descriptiondesignation to be MDR

Exterior for 1 Palomar Street

FencingNone
InclusionsFault Study
Lot FeaturesValueInLand, GentleSloping
Lot Size Acres10.49
Lot Size Area10.49
Lot Size SourceAssessor
Road Frontage TypeCityStreet
Road Surface TypePaved
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,500,000
MLS#SW23108050
List Date 06/21/2023
Property Type Land
Phone 888.795.6274
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