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Cresta Verde 33.85 Acres of Residential Land in Chino Hills, CA 91709
Investment Highlights
- Approximately 34 acres planned for 49 single-family residential lots.
- Situated in the highly regarded Chino Valley Unified School District.
- No CFD on the property, providing a lower tax base for future homeowners.
- Located adjacent to Western Hills Country Club with golf course views.
- Quick access to Carbon Canyon Rd, regional shopping, and entertainment.
- Close to major job centers in Chino, Ontario, Los Angeles, and Orange Counties.
Executive Summary
WD Land is pleased to present a luxury single family subdivision adjacent to Western Hills Country Club, a private club with a restaurant/grill, pool and 18-hole championship course designed by Harry and David Rainville. Located in a naturally private and peaceful setting nestled into the hills of Chino Hills, this 34-acre site is planned for a 49-lot community. This site is in a highly-desirable, supply constrained submarket served by a prestigious school district that attracts local buyers as well as affluent buyers from Los Angeles and Orange Counties. The project was previously approved with a 28-lot subdivision. While new approvals will require additional environmental impact analysis, discussions with the city indicate support for a 49-lot project using a similar land area and circulation. The owners have provided a conceptual layout to illustrate how to achieve this new design. As planned, the lots provide views of the surrounding hills and natural terrain that will garner valuable lot premiums. The owner is seeking a qualified buyer to secure the land use approvals from the city and close upon receipt of a tentative tract map which is currently estimated to take approximately 18 months.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Development |
| Property Type | Land | Total Lot Size | 33.85 AC |
| Zoning | PD16-157 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 33.85 AC |
| Zoning | PD16-157 |
1 Lot Available
Lot
| Lot Size | 33.85 AC |
| Lot Size | 33.85 AC |
Description
The property consists of approximately 34 acres of raw land located west of Carbon Canyon Road and east of Fairway Drive in Chino Hills, California. It is planned for 49 single-family residential lots with a minimum lot size of 6,000 square feet. The site is within the jurisdiction of the City of Chino Hills and zoned Planned Development (PD-18-157). Utilities are available to the site, and the property is currently unimproved. The Chino Valley Unified School District serves the area. Access is provided via Fairway Drive, and the property is near Carbon Canyon Regional Park and Western Hills Country Club.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,507,269 | Total Assessment | $1,507,269 |
Property Taxes
Presented by
Cresta Verde
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