Courtesy of: Zachary King 01882407 | Keller Williams Realty Calabasas
Purchase Type: Sale
MLS ID: SR20179359
Days On Market: 333
Lot size: 43
Property Type: Land
New Construction: No
Swimming Pool: No
Has Waterfront: No
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available
Address: 532 N Lyon Avenue
City: San Jacinto
Neighborhood: Srcar - Southwest Riverside County
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.