$120,000
$5K PRICE INCREASE

0 Olive Unit IG25143719 Menifee, CA 92584

Paloma Valley Neighborhood

Estimated payment $756/month

Total Views 5,572
0.84 Acre
$142,857 Price per Acre
36,590 Sq Ft Lot

Highlights

  • 0.84 Acre Lot
  • Near a National Forest
  • Bike Trail
  • Mountain View
  • No HOA
  • 4-minute walk to Marsden Community Park

About This Lot

READY to GO! FOUR (4) contiguous flat lots, approximately 3/4 of an acre of usable land! The seller has done most of the upfront footwork & expense to make this land "Ready to Build"! Active Working Well ($25k to $30k value included), Very recent percolation test ($4,500 value included) Land Survey with site plan that shows elevations ($4,000 value included) Electric available very close by! This is your opportunity to build a home or bring in a manufactured home with a huge head start! Located just North of Bundy Canyon in between the 15 & 215 freeways it is close to major new developments, excellent schools, shopping, restaurants & parks! This land is right in the line of future Menifee progress! Great opportunity to invest in your future dream home or build & sell, lots of upside! Drive by today, these wonderful lots will not last long! Property is North of Bundy, enter on Cottonwood heading North, dirt road that may be paved at some point in the future, the lots are at the Northeast corner of Olive & Spruce. Drive by anytime!

Listing Agent

Dan Locascio

Re/Max Platinum Realty Brokerage Email: dan@platinumsocal.com License #00928183 Listed on: 06/26/2025

Re/Max Platinum Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.84 Acre Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • 361-093-012, 361-093-014, 361-093-015
  • Property is zoned R-R

Property Views

  • Mountain
  • Hills

Additional Features

  • Suburban Location
  • Well

Listing and Financial Details

  • Legal Lot and Block 12 / 24
  • Assessor Parcel Number 361093011
  • $37 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest

Recreation

  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-R
  • Property Type: Land
  • Parcel Number: 361093011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.28

Exterior Features

  • View: Hills, Mountain(s)

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Suburban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 361-093-012, 361-093-014, 361-093-015
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 36592.00
  • Lot Size Acres: 0.8400
  • Latitude Manual: 33.65073500

Multi Family

  • Lot Size Area: 36592.0000 Square Feet

Tax Info

  • Tax Block: 24
  • Tax Lot: 12
  • TaxOtherAnnualAssessmentAmount: 37.00

Map

Range of Values:

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Average Value
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List Price
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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
07/01/2025 07/01/25 Price Changed $120,000 +4.3% --
06/26/2025 06/26/25 For Sale $115,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25143719

California Regional Multiple Listing Service (CRMLS)