1 Palomar Street, Wildomar, CA 92595 - Berkshire Hathaway HomeServices California Properties

1 Palomar Street, Wildomar, CA 92595

$2,500,000 Approx. USD 0 beds, 0 baths

Listing Agent


Corinne Berge | corinne@corinneberge.com
Lic#: 00795397
Broker: Courtesy of Realty ONE Group Southwest

Co Listing Agent


Barbara Tobin | barbara.tobin2@verizon.net
Lic#: 01068675
Broker: Courtesy of Realty ONE Group Southwest

Agent Remarks

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

Listing Details

Property type: (Lots/Land)
Status: Pending
MLS# SW23108050
Price: $2,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
10.49 acres
Lot size: 10.4900
County: Riverside
Zoning: RR/C1-CP
Lot description: Value In Land,Gentle Sloping
MLS area: SRCAR - Southwest Riverside County

Last Updated: 12/6/2024

 Days On Market (DOM): 251

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.611338, -117.286615.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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