0 Cherry ST Pending

Wildomar,CA 92595

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CROC23222337

Lot Size 2.370 Acres

Property Sub-Type Other Residential Land

Property Description

ATTENTION BUILDERS..INVESTORS..DEVELOPERS. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on this expansive lot. You will have a head start on creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area, and the completion of this project is estimated to yield an approximate sale price of $7,500,000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers, and Recreation Facilities - Easy Access to Major H

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning D1,LZ,LL

Exterior

Fence None

Utilities Available Electricity - On Site

View Hills

Building

Lot Description Grade - Level

Water District - Public

Others

Special Listing Condition Not Applicable

View More
Favorite Go Tour