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29520 11th St
Nuevo, CA 92567
Land For Sale
·
96.72 AC

Property Facts
Description
96.72 acres in Path of Growth. Adjacent to 96.72 the just approved Villages at Lakeview Project, with plans for 8,725 houses and condominiums. Unincorporated Area in Riverside County known as Nuevo/Lakeview just south of the Ramona Parkway. Very nice flat farmland with house. Currently leased out to a large farming company for $7,000 annually. Tenant in the house. One of the last larger potential develop-able acreages available in the area. Split zoning uses in the R-A zone (Residential Agricultural;A-1) and R-R-O zone (Rural Residential) Potential for 175-200 residential units under the General Plan Land Use Designation - MDR-Medium Density Residential; single family 2-5 DU/Ac with lots size permitted from 5500-20000, typical 7200 sf lots & RC-LDR Rural Community Low Density Residential 1/2 to 1 per acre. NOT in the Flood Plain. Property fronts on three streets - 10th, 11th, & Lakeview Ave. Price Reduction now to $19,999.99/acre, must be sold all together. First time on market in 68 years. Water well is currently not working. Being sold "As Is". ONLY 3/4 of a mile west of The Villages of Lakeview SP. Made up of the following (9) parcels: 426-180-004, 426-180-005, 426-180-006, 426-180-007, 426-180-008, 426-180-009, 426-180-010, 426-180-011, 426-180-027 In path of growth on south side of Ramona Parkway in Lakeview/Nuevo (unincorporated area of Riverside County). Major developers have scooped up surrounding acreage. This is the largest acreage available.
Listing ID: 8713725
Date on Market: 8/17/2017
Last Updated:
Address: 29520 11th St, Nuevo, CA 92567
The Land Property at 29520 11th St, Nuevo, CA 92567 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
