0 Loretta Rd Unit SW24160347 Menifee, CA 92584
Menifee Lakes NeighborhoodEstimated payment $2,941/month
Highlights
- Community Stables
- 4.95 Acre Lot
- Property is near public transit
- Horse Property Unimproved
- Mountain View
- No HOA
About This Lot
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.
Listing Agent
Allison James Estates & Homes Brokerage Phone: 951-751-1796 License #01785483 Listed on: 08/05/2024
Property Details
Property Type
- Land
Lot Details
- 4.95 Acre Lot
- Rural Setting
- Property has an invisible fence for dogs
- Fence is in fair condition
- No Landscaping
- Rectangular Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- Density is up to 1 Unit/Acre
- Value in Land
- Property is zoned R-R, Zoning: R-R
Property Views
- Mountain
- Hills
- Meadow
- Neighborhood
Location
- Property is near public transit
- Suburban Location
Farming
- Agricultural
- Pasture
Horse Facilities and Amenities
- Horse Property Unimproved
Utilities
- No Utilities
- Source of electricity is unknown
- Overhead Utilities
- Perc Test Required For Septic Tank
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 54105
- Assessor Parcel Number 466230052
- $84 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Valley
Recreation
- Community Stables
- Horse Trails
- Hiking Trails
- Bike Trail
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | For Sale | $469,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24160347
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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