14
See all 14 photos
$6,150,000
Est. payment /mo
19 Sqft Lot
Active
0 Olive AVE Winchester, CA 92596
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Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25053641
Originating Board California Regional MLS
Lot Size 19 Sqft
Property Sub-Type Other Residential Land
Property Description
Overview: Uncover the potential of approximately 19.6 acres of prime land in Winchester, California, just east of the vibrant City of Menifee. Nestled in the heart of South Riverside County's booming growth corridor, this land is a promising investment for residential development. The owner has begun entitling this property for a 60-lot residential development. The parcel was previously entitled, but the map expired. Much of the work is done, and the entitlement time is expected to be less than a year. Surrounding this parcel, you'll find a dynamic mix of properties, either fully entitled for residential projects or actively moving through the entitlement process, with the possibility of assembling more than 500 units. This is a clear sign of the area's growth potential and your opportunity to be part of it. Location: Situated to the east of the City of Menifee in the unincorporated community of Winchester, this property offers unparalleled convenience. New homeowners will reach the property via the 215 Freeway to the west or Highway 79 to the east. The property is accessed by exiting the 215 Freeway at Newport Road and traveling east to Domenigoni Parkway. Homebuyers will exit Domenigoni Parkway at the signalized intersection of Leon Road, go north to Simpson Road, and ea
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning D1,AGR
Exterior
Fence None
Utilities Available Electricity - On Site
View None
Building
Lot Description Agricultural Use
Water District - Public
Others
Tax ID 462050015
Special Listing Condition Not Applicable
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Listed by Harry Fotinos • Harry Fotinos, Broker