532 N Lyon Avenue, San Jacinto, CA 92582

$4,995,000
List Price
$4,995,000
Status
ACTIVE
MLS#
SR20179359
Lot Size
1,873,080
Acres
43
Lot Location
2-5 Units/Acre, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Level, Value In Land
Days on Market
200
Property Type
Land

Property Description

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 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. This is an exceptional opportunity to purchase a 43 acre development site in a quickly appreciating area in Southern California.

Additional Information

Lot Description
Suburban
View
Mountain(s)
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Zachary King from Keller Williams Realty Calabasas

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.