$16,500,000
For Sale
84.80 acres | #IV22128490
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located in the heart of Winchester in the County of Riverside, this 182 lot single family community will be ready for development in early 2023.
The site has great frontage on Leon Rd with nearly direct access to Domenigoni Pkwy. The site lies just east of the city of Menifee with a 5.5 mile drive to I-215 at Newport Rd with retail centers at all four corners of Newport Rd / I-215. There is no doubt this is the most desirable area of the developing Winchester area. The community features a public trail along Leon Rd as well as a large amount of natural open space on the east side of the project.
• LOCATION: Winchester, Riverside County, CA
• PRODUCT TYPE: For Rent or For Sale - New Housing Opportunity Single Family
Detached Residential
• TOTAL SITE AREA: 84.8 Acres
• LOT COUNT: 182 Lots with 7,200 SF Minimum Lot Size
65’ Minimum Width
• DELIVERY: Graded Blue Top Lots with all Final Engineering Approved
• REMAINING COST TO COMPLETE: $141,209
• CFD: Not yet formed - $30k per door est.
• SCHOOL DISTRICT: Hemet Unified School District

  • Property Details
      • ViewHills, Mountains, Valley
      • Lot DescriptionAgricultural
    • Measurements
      • Acres84.8
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$10,000,000
  • Other
      • MLS #IV22128490

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

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20.0%

Interest Rate

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5.0%

Tax Rate

%
1.3%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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