Monte Verde, Unincorporated

$595,000

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0 Bed
0 Bath
2.33 Acres
0 Garage

This is a beautiful, unique, buildable 2.3-acre corner lot offering a range of uses and potential uses, including a custom home or upside potential as a prime land investment. The parcel is located in Riverside County, adjoining the City of Temecula. It is in a neighborhood of attractive single family homes, between two of Temecula’s most desirable neighborhoods of upscale homes: Redhawk and Marbella at Terracina. The lower 1.5 acres of the lot is nearly flat and offers flexibility for a suitable house pad. It is subject to recorded Easements, Conditions, Covenants & Restrictions, including existing roads, utilities, slopes, and storm drains that benefit adjacent properties, but it is not included in any neighborhood Homeowners Associations or subject to HOA Dues or Assessments or road maintenance fees. Buyer to rely on own investigations regarding title and uses. Rancho California Water District for water, Eastern Municipal Water District for sewer, and Southern California Edison for electric power are located at the property boundary. All surrounding roads are paved and street lights are installed. The lot has potential value as a fill site for hillside development or other export. The current R-R (Rural Residential) zoning allows for a wide choice of dwelling types and sizes, as well as some small business activities, animal keeping, and limited agriculture, including vineyards. R-R zoning allows horses (five per acre). Nearby is the excellent Great Oak High School, with a 10/10 Great Schools score. Other schools are Helen Hunt Jackson Elementary School and Vail Ranch Middle School. The site is about five to ten minutes from the following places: Pechanga Casino, Temecula Wine Country, and Temecula Valley Hospital, without any freeway driving required. The Temecula Parkway (CA Highway 79) retail corridor continues to expand, and Temecula Valley Wine Country is booming, with lush estates and over 50 wineries and resorts offering wine tasting, dining, and entertainment. Redhawk Golf Course is adjacent to the road, and a County Trail and Park are nearby. The site is less than five miles East of Interstate 15 and Old Town Temecula, which boosts numerous dining and entertainment facilities, plus historical markers. The General Plan enables Medium Density Residential, which allows for potential subdivision of two to five dwelling units per acre, subject to County approval, with Buyer to investigate. Drive by, but enter by Appointment Only.

Essential Information

MLS® #
SW23164100
Price
$595,000
Bathrooms
0.00
Acres
2.33
Type
Land
Status
Active

Community Information

Address
Monte Verde
Area
699 - Not Defined
City
Unincorporated
County
Riverside
Zip Code
92592
Senior Community
N

Community Features

Golf, Storm Drain(s), Street Lights, Suburban, Sidewalks

Amenities

View
Neighborhood

Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Lot Description

0-1 Unit/Acre, Corner Lot, Greenbelt, Gentle Sloping, Lot Over 40000 Sqft, No Landscaping, Rectangular Lot, Street Level, Value In Land

Additional Information

Date Listed
August 31st, 2023
Days on Market
244
Zoning
R-R

Listing Details

Agent
Bradley Jones
Office
Coldwell Banker Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 11:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.