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$ 1,300,000
Est. payment | /mo
8.9 Acres Lot
$ 1,300,000
Est. payment | /mo
8.9 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26219633
HOA Y/N No
Lot Size 8.900 Acres
Property Description
DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities.
Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record—decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play.
INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast—opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!
Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record—decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play.
INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast—opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Exterior
Community Features Curbs, Foothills, Gutter(s), Mountainous, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Overhead Utilities
View Y/N Yes
View Hills, Meadow, Mountain(s), Neighborhood
Building
Lot Description Level, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 549050007
Acceptable Financing Cash, Conventional, 1031 Exchange, USDA Loan
Listing Terms Cash, Conventional, 1031 Exchange, USDA Loan
Special Listing Condition Standard
Listed by Pablo Cornejo KW The Lakes 949-750-5050, DRE #01327009
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