Lakeview Avenue, Nuevo/Lakeview, CA 92567
- $984,900
List Agent Chris Flores () F7 Realty; CoList ()
- List Price
- $984,900
- Status
- ACTIVE
- MLS#
- DW26000085
- Lot Size
- 166,399
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 210
- Property Type
- Land
Property Description
Outstanding development opportunity in the high growth city of Nuevo! This lot is almost 4 Acres of flat land, neighboring single family homes and properties of residential use. Zoned R-1 with potential to build a single family homes subdivision community. There was a previously submitted proposal to the Riverside County Planning Department to subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $290/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. The property is located near the 215 freeway, Ramona Expressway, Lake Perris, and Diamond Valley Lake. Don’t miss this great opportunity!
Additional Information
- View
- None
- Water
- See Remarks
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.