0 Cherry Street

Wildomar, CA 92595

$1,200,000
Price
103,237 / 2.37
Lot Size / Acres

Description

Attention builders.. Investors.. Developers. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track...Attention builders.. Investors.. Developers. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on this expansive lot. You will have a head start on creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area, and the completion of this project is estimated to yield an approximate sale price of $7,500,000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers, and Recreation Facilities - Easy Access to Major Highways for Commuting Don't miss out on this incredible opportunity to invest in Wildomar's thriving real estate market. Whether you're an experienced developer or someone looking to capitalize on the demand for quality homes, this 2.37 acre lot with an approved tentative track map is the perfect canvas for your next success story.
  1. Listed by Raghda Ali • DRE #02103857 • Brokerage DRE #01406566 • Keller Williams Corona Market Center • 714-332-9993

Property Details for 0 Cherry Street

View
Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
366-280-022
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Keller Williams Corona Market Center, Raghda Ali, DRE #02103857
Add your commute
LISTING UPDATED: 01/11/2024 12:56 PM

Property Details for 0 Cherry Street

StatusActive
MLS #OC23222337
Days on Market144
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size2.37 AC
CountyRiverside County

Location

Listing Courtesy of Keller Williams Corona Market Center, Raghda Ali, DRE #02103857
Add your commute

Building Information for 0 Cherry Street

Lot Size2.37 AC

Payment Calculator

$6,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Cherry Street

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Census Tract: 464.05
  • Tax Lot: 2
Community / Development
Community / Development
  • Assessments: None
  • Community Features: Mountainous
Property / Structure Info
Exterior Features
  • Fence: None
  • Fencing: None
Distance To
  • Distance To Water: NA
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Level
  • Possible Use Comments: Approved Tentative Track Map to build (10) two-story single-family homes.
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Water: Public
  • Sewer: Other
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 0 Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Cherry Street

This home is within Lake Elsinore Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Ronald Reagan Elementary School
PublicK to 6

David A. Brown Middle School
Public6 to 8

Elsinore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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0 Cherry Street is a 2.37 ac of land for sale in Wildomar, CA 92595. This property was listed for sale on December 5, 2023 by Keller Williams Corona Market Center, it's currently listed at $1,200,000. This listing's school district is Lake Elsinore Unified School District. Nearby schools include Ronald Reagan Elementary School, David A. Brown Middle School and Elsinore High School. 0 Cherry Street is a 0-bed, 0-bath, 2.37 ac of land on a 103,237 sq. ft. / 2.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Corona Market Center, Raghda Ali, DRE #02103857

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.