NOT LISTED FOR SALE

0 Arcadia Ln Unit SW23114672 Menifee, CA

5 Acres
-- Price per Acre
217,800 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $200,000

299 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Agricultural
  • 5 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of May 2024

Calling all Buyers, Investors and Home Builders! Come see this 5 acre view parcel in one of the remaining private semi-rural prime areas of Menifee situated off Bundy Canyon Road and between the 15 Freeway to the West and the 215 Freeway to the East. Build your dream home or subdivide into up to 10 half acre lots. Zoning is Rural Residential (RR) 1/2 acre minimum lot size and Rural Mountainous (RM) 1/2 acre minimum lot size. A Pre-Application Plan was already submitted to the City of Menifee for an up to 10 Lot Subdivision (See Supplemental). Electrical poles are along westerly side of the property and there are already two custom homes built on either side of the property. The property is also suitable for some agricultural uses and horses and other animals maybe permitted. The terrain is a combination of flat and hilly with the upper and lower portion biscected by Arcadia Lane. The property has great views to the Northwest and Northeast. Access to the property is by hard packed gravel and dirt road.
Note: There are plans by the City of Menifee for the future widening of Bundy Canyon to 4 lanes.

Buyer is advised to confirm all zoning, building and development requirements with the City of Menifee.

Last Agent to Sell the Property

Scott Ries

RE/MAX One Brokerage Phone: 951-733-1609 License #01007484 Listed on: 06/28/2023

RE/MAX One

Last Buyer's Agent

Scott Ries

RE/MAX One Brokerage Phone: 951-733-1609 License #01007484 Listed on: 06/28/2023

RE/MAX One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $156

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Density is 2-5 Units/Acre
  • Value in Land
  • Property is zoned RR, RM

Property Views

  • Mountain
  • Hills

Additional Features

  • Suburban Location
  • Agricultural
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 362120002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$156

Lot Details

5 Acres

Listing Details

  • Road Surface Type: Gravel
  • View: Yes
  • Zoning: RR, RM
  • Property Type: Land
  • Parcel Number: 362120002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.92

Exterior Features

  • View: Hills, Mountain(s)

Utilities

  • Utilities: Electricity Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Agricultural, Horse Property, Lot Over 40000 Sqft, Rolling Slope, Value In Land
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000
  • Latitude Manual: 33.63370300

Multi Family

  • Lot Size Area: 217800.0000 Square Feet

Tax Info

  • Tax Census Tract: 432.79
  • Tax Annual Amount: 156.50
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $200,000 -33.3% --
04/22/2024 04/22/24 Pending -- -- --
06/28/2023 06/28/23 For Sale $299,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23114672

California Regional Multiple Listing Service (CRMLS)
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