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Investment Highlights

  • REO SALE - SUBMIT ALL OFFERS
  • Ownership willing to consider selling parcels individually

Executive Summary

REO SALE*** The subject property consists of two parcels totaling approximately 46.44 acres of land within the Lake Matthews area in Riverside County. The parcels have frontage on Blue Sky Road. The area surrounding the property consists of mostly rural residential/large lot homes and some agricultural operations. The property lies approximately 4.5 miles from Highway 74 access which connects to the I-215 to the north and the I-15 to the south.

Property Facts

Price $450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 46.44 AC
Opportunity Zone Yes
Zoning R-A-2 1/2 - R-A-2 ½ allows for single family residences on a min. lot size of 2.5 acres consistent with the development standards in the county’s municipal code.

1 Lot Available

Lot

Price $450,000
Price Per AC $9,689.92
Lot Size 46.44 AC
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 321-210-054
  • 321-210-053
Land Assessment
$378,066
Improvements Assessment
$0
Total Assessment
$378,066
  • Listing ID: 39067851

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: Blue Sky Road, Perris, CA 92570

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