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23250 Rancho Mirlo Rd - 30.35 AC Residential Development Opportunity 30.35 Acres of Residential Land Offered at $1,250,000 in Wildomar, CA 92562
INVESTMENT HIGHLIGHTS
- Adjacent to New D.R. Horton Development
- Bordering City of Murrieta
- Expired TTM
EXECUTIVE SUMMARY
The offering consists of three legal parcels totaling approximately 30.35 acres of land located in the City of Wildomar on the border of Murrieta. The property is primarily
flat, has the shape of a right triangle, and is accessible via Ranch Mirlo Road which is a dirt road off of Clinton Keith Road. Surrounding the property in all directions except north are existing and incoming single-family communities as well as a community park. Additionally, the property has an expired TTM that consisted of 51 single-family lots on about 16 of the 30 acres, with the remaining 14 acres designated as open space. The EVMWD has jurisdiction over the property for water and sewer utilities and provided
ownership with will-serve letters for the expired map. EVMWD was going to allow the development to bore under the Murrieta Creek to connect to the water outlet in the
adjacent D.R. Horton project. However, the sewer connection was going to come from the adjacent Copper Canyon Park which is serviced by the Rancho California Water
District who agreed to the connection. Buyer to confirm. Please reach out with any questions.
flat, has the shape of a right triangle, and is accessible via Ranch Mirlo Road which is a dirt road off of Clinton Keith Road. Surrounding the property in all directions except north are existing and incoming single-family communities as well as a community park. Additionally, the property has an expired TTM that consisted of 51 single-family lots on about 16 of the 30 acres, with the remaining 14 acres designated as open space. The EVMWD has jurisdiction over the property for water and sewer utilities and provided
ownership with will-serve letters for the expired map. EVMWD was going to allow the development to bore under the Murrieta Creek to connect to the water outlet in the
adjacent D.R. Horton project. However, the sewer connection was going to come from the adjacent Copper Canyon Park which is serviced by the Rancho California Water
District who agreed to the connection. Buyer to confirm. Please reach out with any questions.
PROPERTY FACTS
| Price | $1,250,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 30.35 AC |
| Property Type | Land | ||
| Zoning | VLDR | ||
| Price | $1,250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 30.35 AC |
| Zoning | VLDR |
1 LOT AVAILABLE
Lot
| Price | $1,250,000 | Lot Size | 30.35 AC |
| Price Per AC | $41,186.16 |
| Price | $1,250,000 |
| Price Per AC | $41,186.16 |
| Lot Size | 30.35 AC |
3 parcels totaling approximately +/- 30.35 acres
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $150,694 | |
| Land Assessment | $1,697,582 | Total Assessment | $1,848,276 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,697,582
Improvements Assessment
$150,694
Total Assessment
$1,848,276
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23250 Rancho Mirlo Rd - 30.35 AC Residential Development Opportunity
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