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$ 999,900
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Active
0 Lakeview Avenue Nuevo, CA 92567
3.82 Acres Lot
UPDATED:
11/05/2024 01:20 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW24220209
HOA Y/N No
Lot Size 3.820 Acres
Acres 3.82
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 Listing
Zoning R-1
Interior
Fireplace No
Exterior
Utilities Available Water/Sewer See Remarks
View Y/N false
View None
Building
New Construction No
Others
Tax ID 307320010
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Listed by Chris Flores • F7 Realty