New Listing
Description
INSTITUTIONAL DEVELOPER LAND ACQUISITION | 17.71 GROSS ACRES | 34-UNIT HIGH-DENSITY PORTFOLIO POTENTIAL Incredible institutional or private equity development opportunity in the high-growth Hemet/Winchester submarket. This prime 17.71-gross-acre parcel (APN: 455-170-004) features a strategic Rural Residential zoning baseline with Low/Medium Density Residential General Plan designations, perfectly positioned for a high-yield residential community. The land features an extensive, verified municipal track record with multiple zoning layout clearances and finalized building plans for a substantial 3,527-square-foot modular dwelling, proving a frictionless path for structural permitting on the site. Unlocking massive site optimization, active value-add civil engineering is already underway. An active Summary Street Vacation case is in progress to vacate lettered public right-of-way, engineered to reclaim 2.37 acres of raw land and expand the buildable footprint to a highly efficient 16.59 net usable acres. This technical land-use expansion provides an ideal foundation for high-density multi-family block distributions, factory-certified duplex arrays, or community housing initiatives optimized to leverage California ministerial streamlining legislation for rapid administrative processing. The asset enjoys an immaculate compliance profile, featuring fully closed zoning cases, routine fire hazard reduction clearances, and established public utility easements. Utilities are highly accessible with active EMWD water infrastructure nearby. Secure a high-density footprint in a high-demand submarket and capitalize on the massive scale and yield potential this expansive development site offers. Buyer to verify all zoning guidelines, utility capacities, and active permit statuses with the County of Riverside.
Details
| MLS # | IG26230757 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | KW The Lakes | Pablo Cornejo |
Features
| Zoning | R-R |
|---|---|
| Acreage | 17.71 |
| Property View | Yes |
Exterior
| Lot Features | Sixteen To Twenty Units Acre, Horse Property, Lot Over40000Sqft, Near Public Transit, Street Level, Value In Land |
|---|
Utilities
| Utilities | Overhead Utilities |
|---|
Location
| Community Features | Rural, Valley |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Hemet |
| Zip Code | 92545 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92545) | |
Price: $525,000 low | high Med: $339,900 On site: 1 low | high Med: 8 | |
Market Activity 92545
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Hemet |
| Zip Code | 92545 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92545) | |
Price: $525,000 low | high Med: $339,900 On site: 1 low | high Med: 8 | |
