Skip to main contentSkip to navigation
1 / 69

Improved Land for Sale in Menifee, California

23524 Pico Ave, Menifee, CA 92585

$3,950,000
18.6 acres
Active sale
Est $22,463/mo

Unbelievable Opportunity on 18.6 Acres! Endless possibilities await with this exceptional 18.6-acre property offering space, versatility, and incredible investment potential. The charming 1,609-square-foot home, built in 1961, features four bedrooms, two bathrooms, a spacious living room, a cozy family room with a fireplace, and a screened-in porch-perfect for relaxing and enjoying the peaceful surroundings. Also located on the property is an impressive 6,000-square-foot commercial-style shop complete with five private offices, a reception area, and a bathroom. The property includes 10 parking spaces, including one ADA-compliant space, making it ideal for a variety of business or commercial uses. Additional improvements include three septic systems and two outbuildings, providing even more flexibility for future use. Currently zoned RA (Rural Agricultural), this property offers outstanding potential for farming, equestrian use, livestock, or creating your own private ranch. With future development, the land may also present exciting opportunities for residential expansion or a planned neighborhood, subject to county approval. Sewer is only 1200 ft away + or -. Whether you're looking for a working ranch, a business headquarters, an agricultural investment, or a property with exceptional development potential, this one-of-a-kind estate is ready to bring your vision to life. Some photos have been AI enhanced.

1,609
Sq feet
4
Beds
3
Full baths
1961
Built

Location

Street address
23524 Pico Ave
Zip code
92585
School district
Menifee Union
Elevation
1,456 feet
Coordinates
33.7785, -117.1628

Directions

From the 215 fwy, east on Hwy 74, north on Menifee rd. west on Ellis, right on Pico Ave

Property details

Acreage
18.6 acres
MLS #
MRMLS SW26142842
Posted

Parcels

  • 309220007

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Corners Marked, Horse Property, Level, Level With Street, Lot Over 40000 SQFT

Exterior

Parking Spaces
13
Parking
Driveway, Garage, RV
Fencing
Chain Link
Pool
Porch
Structures
Outbuilding

Structure

Stories
1
Water
Public
Heating
Central, Fireplace(s)
Cooling
Central Air, Whole House Fan
Roof
Composition
Windows
Blinds, Screens

Interior

Rooms
Bathroom x 3, Bedroom x 4, Family Room, Laundry Room
Flooring
Carpet, Tile, Vinyl
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Water Heater
Features
Pantry, Tile Counters

Listing history

DateEventPriceChangeSource
July 2, 2026New listing$3,950,000MRMLS
Subscribe to listing updates

Payment calculator

This 18.6-acre property is located at 23524 Pico Ave in Menifee, CA 92585. The property is available for sale, priced at $3,950,000. It has a 1,609 square foot 4-bedroom, 3-bath house built in 1961.

Listed by RE/MAX Diamond Prestige, (951) 672-6712

Checked 1 hour agoUpdated

Report listing issue

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact