39767 Esplendida Way, Temecula, CA 92592

$878,000

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List Price
$878,000
Status
ACTIVE
MLS#
SW26084085
Lot Size
903,434
Acres
20.74
Lot Location
Corners Marked, Value In Land
Days on Market
101
Property Type
Land

Property Description

SKY RANCH at Esplendida: Your Incredible Property sits at the top of the highest Hill with a massive Main Pad that it’s akin to an Elevated Stage in a giant Stadium that is the Temecula Valley. The panoramic, breathtaking views are like an AI-generated Postcard: from Snow-capped, majestic Mountains in the east to the Sunset-crowned Santa Rosa Plateau in the west, with Green Meadows, Lake Skinner, abundant Orchards, Million Dollar Mansions, early morning Hot Air Balloons, large Horse Corrals, sun-drenched Vineyards, and twinkling City Lights in between. With all ~21 acres now designated as “least sensitive”, this property is in the process of being divided into 4 separate 5-acre parcels, with each of the 3 additional projected pads having Top of The Hill Views and ranging between 15,000-22,000 sqf of flat/usable/buildable surface. 5 acres is the minimum size, and most recent sales with similar views have been at 449k and 530k. This amazing Property offers various lucrative opportunities: (1) Build your custom home, guest houses/ADUs, workshop/barn, and grow a Vineyard or Orchard on the remaining land; (2) Complete the Split and sell off 3 lots, with proceeds covering the cost of the parcel you keep, and funding part your construction; (3) Take it a big step further and build Spec Homes on each lot, with the potential of 6-7-figure profits per lot. HOA dues are just under $200/per acre/per year. HOA is actively exploring PAVING OF THE ROADS, expected to happen in the next 1-2 years, and thus increasing the value and desirability of the properties even more. Even if you do nothing but holding, the value of your property will grow given the scarcity and future road improvement.

Additional Information

HOA
238
Frequency
Monthly
View
City Lights, Hills, Lake, Meadow, Mountain(s), Neighborhood, Orchard, Panoramic, Valley, Vineyard, Trees/Woods
Water
Public, Other, See Remarks
Attached Structure
Detached

Listing courtesy of Listing Agent: Valentina Neufeld (socalval.realtor@gmail.com) from Listing Office: BOLD Realty Group.

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Calculator source: Real Geeks

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.