Lakeview Avenue, Nuevo/Lakeview, CA 92567
- $984,900
- List Price
- $984,900
- Status
- ACTIVE
- MLS#
- DW26000085
- Lot Size
- 166,399
- Acres
- 3.82
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 209
- Property Type
- Land
Property Description
Outstanding development opportunity in the high growth city of Nuevo! This lot is almost 4 Acres of flat land, neighboring single family homes and properties of residential use. Zoned R-1 with potential to build a single family homes subdivision community. There was a previously submitted proposal to the Riverside County Planning Department to 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 $290/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. The property is located near the 215 freeway, Ramona Expressway, Lake Perris, and Diamond Valley Lake. Don’t miss this great opportunity!
Additional Information
- View
- None
- Water
- See Remarks
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Chris Flores (chrisflores713@outlook.com) from Listing Office: F7 Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.