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Pending
  • Listing Provided by: 

    Corinne Berge DRE #00795397 951-813-9009,

    Realty ONE Group Southwest,

    Barbara Tobin DRE #01068675 951-676-5736,

    Realty ONE Group Southwest

    $2,500,000

    1 Palomar St, Wildomar, CA 92595

    --beds
    --baths
    10.49Acres
    : 
    Unimproved Land
    Built in ----
    10.49 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Larger lots
    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
    2022 days
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    2
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    0
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    Zillow last checked: 8 hours ago

    Listing updated: May 09, 2025 at 12:33pm

    Listing Provided by:

    Corinne Berge DRE #00795397 951-813-9009,

    Realty ONE Group Southwest,

    Barbara Tobin DRE #01068675 951-676-5736,

    Realty ONE Group Southwest

    Source: CRMLS,MLS#: SW23108050MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: Hills, Neighborhood
    Lot
    • Size: 10.49 Acres
    • Features: Value In Land, Gentle Sloping
    Details
    • Additional parcels included: 368060012,368060025,368060026
    • Parcel number: 368060011
    • Zoning: RR/C1-CP
    • Zoning description: designation to be MDR
    • Special conditions: Standard

    Utilities & green energy

    • Electric: Unknown
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Urban
    HOA
    • HOA name: NA
    Location
    • Region: Wildomar
    • Elevation: 1292 Feet

    Financial & listing details

    • Annual tax amount: $19,897
    • Date on market: 6/21/2023
    • Cumulative days on market: 2022 days
    • Listing terms: Cash,1031 Exchange,Subject To Other
    • Inclusions: Fault Study
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,325/mo

    Price history

    Price history
    DateEventPrice
    10/17/2024Pending sale$2,500,000
    Source: CRMLS #SW23108050 Report a problem
    2/28/2024Contingent$2,500,000
    Source: CRMLS #SW23108050 Report a problem
    2/28/2024Listed for sale$2,500,000
    Source: CRMLS #SW23108050 Report a problem
    2/28/2024Contingent$2,500,000
    Source: CRMLS #SW23108050 Report a problem
    6/21/2023Listed for sale$2,500,000+140.1%
    Source: CRMLS #SW23108050 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $15,736/mo
    Principal & interest
    $12382
    Property taxes
    $2479
    Home insurance
    $875

      Climate risks

      Neighborhood: 92595

      Nearby schools

      GreatSchools rating

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