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Improved Mixed-Use Land for Sale in Menifee, California

23524 Pico Ave, Menifee, CA 92585

$4,950,000
16 acres
Active
ago
Est $27,183/mo

Great Single Family Home, Farm, Ranch or Development Opportunity in excellent location! This exciting property offers 18.36 +/- flat and usable acres, a single-story home, 6,000 sq ft warehouse and several outbuildings in Unincorporated Riverside County (Menifee address)! Currently Zoned RA, the fulure land use if developed could be RC-LDR, meaning homes on larger lots could be built here. The property consists of 2 APNs: 309-22-007 and 006. This is the first time the property is offered for sale since 1990. Property features all utilities on site, plus 3 septic systems, Frontier and Spectrum and 2 alarms. The steel warehouse was built in 1991, with 1253 +/- sq ft office space, 5 offices, a bathroom and reception area. There are 10 parking spaces and 1 ADA-compliant parking space, plus a 2-car garage attached to the home (built in 1961). With 1609 +/- sq ft, the home features 4 bedrooms and 2 baths, living room, family room, kitchen and screened porch with newer roof and HVAC system. Plenty of room for your business, animals, toys and projects, or how about some dry farming? Owner may carry with 50% down. If you are looking for a property that can serve many needs, look no further!

1,609
Sq feet
4
Beds
3
Full baths
1992
Built

Location

Street address
23524 Pico Ave
School district
Perris Union High
Elevation
1,456 feet
Coordinates
33.7785, -117.1628

Directions

From 215 fwy, east on Hwy 74, north on Menifee Rd, left on Ellis, right on Pico Ave.

Property details

Acreage
16.03 acres
Zoning
RA
MLS #
MRMLS SW25274613
Posted

Parcels

  • 309220007

Details and features

Listing

Type
Residential

Lot

View
Hills

Exterior

Parking Spaces
13
Parking
Driveway, Garage, Paved or Surfaced, RV
Features
Lot Over 40000 SQFT, Rural Community Features Included, Sprinklers in Front

Structure

Style
New Traditional
Stories
1
Heating
Heat Pump
Cooling
Evaporative Cooling, Whole House Fan
Materials
Frame, Stucco
Roof
Composition

Interior

Rooms
Bathroom x 3, Bedroom x 4, Family Room, Kitchen, Living Room
Flooring
Carpet, Tile, Vinyl
Appliances
Dishwasher, Garbage Disposer, Gas Range, Range, Washer
Features
Blinds Window Features

Nearby schools

NameLevelDistrictDescription
HeritaHighPerris Union High

Listing history

DateEventPriceChangeSource
Dec 12, 2025New listing$4,950,000MRMLS
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This 16.03-acre property is located at 23524 Pico Ave in Menifee, CA 92585. The property is available for sale for $4,950,000. It has a 1,609 sq ft 4 bedroom, 3 bath house built in 1992.

Checked 43 mins ago — Updated

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