398 Spectacular Acres of Property in Menifee! PRICED AT ONLY $22K / ACRE. The largest parcel available in the city of Menifee and the surrounding area. 398.32 Acres Zoned R-1 and R-A-10 could be a high-end hilltop home development. Possible re-zoning to R-A-2.5 or better (1-home site for every 2.5 acres which could yield 159 home-sites! If those 2.5 acre home-sites sold individually at $200K each you could reap a total of $31MM+) Possible zoning change to a Church, golf course, cemetery, private retreat or build approximately 39-ultra luxury view homes with 10-Acres each. UNIQUE DEVELOPMENT OPPORTUNITY IN THE CITY OF MENIFEE. TOTALING 398.32 ACRES, PARTIALLY ZONED R-A-1 AND R-A-10. INCLUDES FLAT AREAS, HILLS, TREMENDOUS VIEWS AND GENTLY SLOPING TERRAIN. BUYER TO CONDUCT COMPLETE INDEPENDENT STUDY OF THE PROPERTY TO SATISFY THEMSELVES OF POSSIBLE ZONING CHANGES, USAGE, EASEMENTS AND GRADING REQUIREMENTS WITH THE CITY OF MENIFEE AND PROPER AGENCIES. The property has forever views and serene surroundings. Residential and Commercial Developments surround the land. McCall Blvd is to the north, Antelope Road is to the west, Panorama Hills Drive is to the south and Menifee Road is to the east. 19-separate parcels of about 20-Acres plus each. Imagine, almost 400-Acres of land right in the middle of the city! 5% Commission to selling office!

  • MLS# PW18032816
  • Sub-Type Resale
  • Status Active
  • Days On Site 16
Zoning R-1
Acreage 398.32
Property View Yes
Listing Provided By:
Jack Rosemary  of  Jack Rosemary Broker
 
 
 
 
 
 
 
 
 
this listing $8,888,000
2,372.36%
$359,495 in 92585
this listing 16 on site
0.00%
16 on site in 92585

Location

State CA
County Riverside
City Menifee
Zip Code 92585
Area 227 - Menifee

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