Wildomar, CA 92595 1 Palomar Street

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Presented By: Corinne Berge with Realty ONE Group Southwest; 951-813-9009
  • MLS# SW23108050
  • 06/21/2023
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Home Details

This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development. 368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres. Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR
Presented By: Corinne Berge with Realty ONE Group Southwest; 951-813-9009

Interior Features for 1 Palomar Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixStreet

General for 1 Palomar Street

Additional Parcels Description368-060-012, 368-060-025, 368-060-026
Additional Parcels Y/NYes
Association NameNA
Attached Garage No
Carport Y/NNo
CityWildomar
Community FeaturesUrban
ContingencySeller to Finalize the MDr designation per new GPA Seller may desire to do a 1031 Tax Deferred Exchange. TAX BILLS IN SUPPLEMENTS
CountyRiverside
Current FinancingNone
Days on Market252
DirectionsPalomar St just West of Wesley.
DisclosuresIncorporated
ElectricUnknown
Elevation1292
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Item1031Exchange, SubjectToOther
Lot Size Square Feet456944.4
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NamePalomar
Tax Annual Amount19897.0
UtilitiesElectricityAvailable, SewerAvailable, WaterAvailable
ViewHills, Neighborhood
View Y/NYes
Waterfront Y/NNo
ZoningRR/C1-CP
Zoning Descriptiondesignation to be MDR

Exterior for 1 Palomar Street

Crops Included Y/NNo
FencingNone
Horse Y/NNo
InclusionsFault Study
Irrigation Water Rights Y/NNo
Lot FeaturesValueInLand, GentleSloping
Lot Size Acres10.49
Lot Size Area10.49
Lot Size SourceAssessor
Lot Size UnitsAcres
Open Parking Y/NNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,500,000
MLS#SW23108050
List Date 06/21/2023
Property Type Land
Phone 714.964.3311
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