$450,000
$145K PRICE DROP

0 Monte Verde Rd Unit SW23164100 Temecula, CA 92592

Estimated payment $2,945/month

Total Views 24,690
2.33 Acres
$193,133 Price per Acre
101,495 Sq Ft Lot

Highlights

  • Golf Course Community
  • Corner Lot
  • Neighborhood Views
  • Crowne Hill Elementary School Rated A-
  • No HOA
  • Greenbelt

About This Lot

This is a beautiful, unique, buildable 2.3-acre corner lot offering a range of uses and potential uses, including a custom home or upside potential as a prime land investment. The parcel is located in Riverside County, adjoining the City of Temecula. It is in a neighborhood of attractive single family homes, between two of Temecula’s most desirable neighborhoods of upscale homes: Redhawk and Marbella at Terracina. The lower 1.5 acres of the lot is nearly flat and offers flexibility for a suitable house pad. It is subject to recorded Easements, Conditions, Covenants & Restrictions, including existing roads, utilities, slopes, and storm drains that benefit adjacent properties, but it is not included in any neighborhood Homeowners Associations or subject to HOA Dues or Assessments or road maintenance fees. Buyer to rely on own investigations regarding title and uses. Rancho California Water District for water, Eastern Municipal Water District for sewer, and Southern California Edison for electric power are located at the property boundary. All surrounding roads are paved and street lights are installed. The lot has potential value as a fill site for hillside development or other export. The current R-R (Rural Residential) zoning allows for a wide choice of dwelling types and sizes, as well as some small business activities, animal keeping, and limited agriculture, including vineyards. R-R zoning allows horses (five per acre). Nearby is the excellent Great Oak High School, with a 10/10 Great Schools score. Other schools are Helen Hunt Jackson Elementary School and Vail Ranch Middle School. The site is about five to ten minutes from the following places: Pechanga Casino, Temecula Wine Country, and Temecula Valley Hospital, without any freeway driving required. The Temecula Parkway (CA Highway 79) retail corridor continues to expand, and Temecula Valley Wine Country is booming, with lush estates and over 50 wineries and resorts offering wine tasting, dining, and entertainment. Redhawk Golf Course is adjacent to the road, and a County Trail and Park are nearby. The site is less than five miles East of Interstate 15 and Old Town Temecula, which boosts numerous dining and entertainment facilities, plus historical markers. The General Plan enables Medium Density Residential, which allows for potential subdivision of two to five dwelling units per acre, subject to County approval, with Buyer to investigate. Drive by, but enter by Appointment Only.

Listing Agent

Bradley Jones

Coldwell Banker Realty Brokerage Phone: 760-583-8059 License #01308834

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.33 Acre Lot
  • Property fronts a county road
  • No Landscaping
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned R-R

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Neighborhood Views
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 917310030
  • $557 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Recreation

  • Golf Course Community
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Investment, Unimproved
  • Current Use Comments: Vacant Land.
  • Possible Use: Agricultural, Commercial, Horses, Improved, Investment, Residential
  • Possible Use Comments: The General Plan enables Medium Density Residential, which allows for potential subdivision of two to five dwelling units per acre, subject to County approval, with Buyer to investigate.
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Survey: Survey Done
  • View: Yes
  • Zoning: R-R
  • Property Type: Land
  • Parcel Number: 917310030
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.43

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Elevation: 1100 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Gentle Sloping, Greenbelt, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, No Landscaping, Value In Land
  • Lot Size Sq Ft: 101495.00
  • Lot Size Acres: 2.3300
  • Latitude Manual: 33.46232500

Multi Family

  • Lot Size Area: 101495.0000 Square Feet

Tax Info

  • Tax Census Tract: 432.52
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 557.00

Map

Range of Values:

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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 Change Sq Ft Price
12/09/2024 12/09/24 Price Changed $450,000 -24.4% --
09/01/2023 09/01/23 For Sale $595,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23164100

California Regional Multiple Listing Service (CRMLS)