5
See all 5 photos
$999,900
Est. payment /mo
3.82 Acres Lot
Active
0 Lakeview AVE Nuevo/lakeview, CA 92567
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UPDATED:
12/05/2024 05:07 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24220209
HOA Y/N No
Lot Size 3.820 Acres
Property Description
Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Don’t miss this great opportunity!
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning R-1
Interior
Fireplace No
Exterior
Community Features Street Lights
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 307320010
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Special Listing Condition Standard
Listed by Chris Flores • F7 Realty • 562-417-4859