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Land for Sale in Wildomar, California

1 Palomar St, Wildomar, CA 92595

$2,500,000
10.5 acres
pending
Under contract

This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development.

368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres.

Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR

Location

Street address
1 Palomar St
Elevation
1,266 feet
Coordinates
33.6113, -117.2866

Directions

Palomar St just West of Wesley.

Property details

Acreage
10.49 acres
Zoning
RR/C1-CP
MLS #
MRMLS SW23108050
Posted

Parcels

  • 368060011

Details and features

Listing

Type
Land
Franchise
Realty ONE Group

Lot

View
Hills

Exterior

Features
Urban Community Features Included

Listing history

DateEventPriceChangeSource
Feb 29, 2024Under contract$2,500,000MRMLS
June 21, 2023New listing$2,500,000MRMLS
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This 10.49-acre property is located at 1 Palomar St in Wildomar, CA 92595. The property is pending sale.

Checked 12 mins ago — Updated

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