Pending

368 N Lyon Avenue

San Jacinto CA, 92582

$3,700,000


$2.01 per sqft

Pending

42.18 Acres

Land

Listed by Zachary King with Keller Williams Realty Calabasas 818-657-6500

This is an incredible opportunity to own a beautiful 43 acre property, consisting of 2 parcels. The lots are flat and zoned RL (Residential Low Density). This zoning allows single family homes, modular homes and townhomes, at an allowed density of 2.1 - 5 dwelling units per acre, allowing for a total of 90 - 215 dwelling units to be developed on the lots. There is an expired tentative tract map for 140 single family lots. The tentative tract map still complies with the current zoning, and it's estimated it will take approximately six months to one year to bring the project to final recording. The property is surrounded by newer single family tract home developments that have been selling quickly. Furthermore, there is a new middle school currently in construction across the street, through the San Jacinto School District, with completion and enrollment scheduled for 2021.

These lots are next to Mount San Jacinto State Park, and close to the Gilman Hot Springs, located in the rural and serene San Jacinto area, just far enough from everything to feel like you're in the county, but still accessible to modern day amenities. The vacant lot is 10 minutes to the Soboba Casino Resort, Soboba Springs Golf Course, Golden Era Golf Course and the Mount San Jacinto College. Additionally, the property is only 1 1/2 hours from business and high job centers, such as Orange County, San Diego and Los Angles. Furthermore, it's less than 45 minutes to San Bernardino, Temecula wine county, as well as Palm Springs and the Coachella Valley. This is an exceptional opportunity to purchase a 43 acre development site in a quickly appreciating area in Southern California.

SR21217829

MLS ID

September 30, 2021

Listed

April 2, 2024

Updated

Map

368 N Lyon Avenue
San Jacinto CA, 92582

Exterior/Building Features

Lot Size

42.18 Acres


Lot Features

2-5 Units/Acre, Agricultural, Corner Lot, Horse Property, Lot Over 40000 Sqft, Street Level, Value In Land


Sewer

Public Sewer

Other Property Details

Area Name

SRCAR - Southwest Riverside County


Days on Market

116


Garage

No


View

Yes


View Description

Neighborhood


County

Riverside


Water Source

Public


Pool

No


Zoning

A210


Buyer Agency Compensation

3%

Listing Contact: 818-657-6500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/2/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/2/2024 at 1:10 AM UTC

 

Powered byLuxury Presence