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Menifee, CA 92584,0 Loretta RD
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Menifee, CA 92584,0 Loretta RD
Menifee, CA 92584,0 Loretta RD
Menifee, CA 92584,0 Loretta RD
Menifee, CA 92584,0 Loretta RD
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Engel & Völkers Palm Desert

Engel & Völkers Palm Desert

+1(909) 327-2223
$ 469,000
Est. payment /mo
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Active

0 Loretta RD Menifee, CA 92584

4.95 Acres Lot

UPDATED:

09/30/2024 06:34 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW24160347

HOA Y/N No

Lot Size 4.950 Acres

Property Description

A beautiful 4.95 acres of flat, fully usable land zoned for Residential homes, horses, and agriculture - this property is perfect for a large compound project, Build your own family compound with the main home, ADU, a barn, pool, and workshops. Manufactured homes are allowed. Grow vineyards, groves & orchards. Enjoy the rural lifestyle of open spaces. It is situated at a location with a quiet rural setting, yet, is actually just minutes from the conveniences of town, with schools, restaurants, hospitals, and grocery stores, and just minutes from the 15/215 freeways, 79N/Winchester Road, Temecula Wine Country & Promenade Mall. Close to the Cities of Winchester, Murrieta, and Temecula. 9+ miles to Diamond Valley Lake, Lake Skinner, and Lake Perris. The Grocery Outlet is at Winchester and Thompson. A new development project called French Valley Commons with various retail stores is being built near Leon & Benton Road. The paved road on Leon leads to Loretta Road. You may install a well or connect to the city water on the street. The electrical is available with the power pole on the front of the parcel. Surrounded by rural properties as well as many new homes in a fast-growing area near French Valley. ATTENTION: Builders, Developers & Investors: The property is in the vicinity of the Riverside County Winchester Community Plan. (General Plan Amendment No. 1207). The Amendment will change the General Plan Foundation Component from Rural (R) and Rural Community (RC) to Community Development (CD), and amend the accompanying land use designations from Rural Residential (RR) and Estate Density Residential (EDR) to Density Residential (LDR), Medium Density Residential (MDR), Commercial Retail (CR), Business Park (BP), and light Industrial (LI). Highway 79 Policy is being revised and the Draft EIR for the WCP is complete and in the reviewing process. Seek the opportunity to purchase before the zone changes. (The buyer to advised to perform their own due diligence.) This property is less than an hour from Corona & Riverside, SD & 2 hours from LA, OC, Palm Springs, Lake Arrowhead, and Big Bear.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-R

Interior

Fireplace No

Exterior

Fence Fair Condition, Invisible, See Remarks

Community Features Biking, Hiking, Horse Trails, Stable(s), Rural, Street Lights, Suburban, Valley

Utilities Available None, See Remarks, Water Available, Overhead Utilities

View Y/N Yes

View Hills, Meadow, Mountain(s), Neighborhood

Present Use Agricultural,Horses,Improved,Investment,Multi-Family,Parking Lot,Residential,Unimproved

Building

Lot Description 0-1 Unit/Acre, Agricultural, Corners Marked, Horse Property, Lot Over 40000 Sqft, Level, No Landscaping, Pasture, Near Public Transit, Rectangular Lot, Street Level, Value In Land

Sewer Perc Test Required, Septic Type Unknown

Water Public, See Remarks

New Construction No

Others

Senior Community No

Tax ID 466230052

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Owner May Carry, USDA Loan, VA Loan

Horse Property Yes

Horse Feature Riding Trail

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Owner May Carry, USDA Loan, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jieranai Maier • Allison James Estates & Homes • 951-751-1796

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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0 Loretta RD