UPDATE: September 7, 2018 has been selected as the date to consider all letters of intent which have been received by that date. There is still time to get yours in for consideration.
Large developable parcel in Eastvale, CA with an existing approximately 6,200 square foot Spanish style residence. Development possibilities for the 22-acre parcel include:
- Residential: 37+ single family residences. Lennar’s Estancia East and West developments to the West of the property sold out of 180 homes ranging from 2,726 square feet to 4,644 square feet with base prices ranging from $578k-798k ($167-230 psf) on 7,200 sf+ lots. Current prices for resale of these homes range from $611k-720k ($170-245 psf) from January, 2017 to May, 2018.
- Residential structure could be converted to an event venue, bed and breakfast or equestrian center. This could be combined with a church, retail/commercial, hospitality or special use building on the acreage fronting Citrus Street, all subject to zoning change and lot split. Development of multiple uses could be facilitated with a shared parking/facilities agreement based upon the needs of each user.
Surrounding properties are owned by various public agencies providing a development buffer and amenities which include the Desi Arnaz house and a horse/bike/hiking trail that will eventually connect to the 100-mile long Coast to Crest Santa Ana River Trail. (See: http://www.sawpa.org/task-forces/santa-ana-river-trailparkway/)
