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Listed by William Howard • William J. Howard, Broker
$ 1,199,500
Est. payment | /mo
4.77 Acres Lot
$ 1,199,500
Est. payment | /mo
4.77 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SW-25147630
Lot Size 4.770 Acres
Property Description
This parcel is just north of a small pocket development on Phyllis, It is across the street from The Club Development, a gated 55+ project and just south a large DR Horton Sagewood Development. This block walled parcel is zoned LDR-2 for 7200sqft lots making this parcel potentially a 20+ lot development. This parcel is on a paved lot with utilities in the street. Per Menifee Website, Current allowable uses include Single Family, Duplexes, Multiple Family, Manufactured Homes, Family Day Care, Accessory Dwelling Units (ADU), Group Residential Homes & Homes with Guest houses. Owner will carry 80% 1st td @ 6.5% interest only, 5 years with no prepayment penalty and no subordination.
Location
State CA
County Riverside
Zoning R-1-7200
Exterior
Community Features Biking
Utilities Available See Remarks
View Y/N No
View None
Building
Lot Description Paved, 2-5 Units/Acre, 6-10 Units/Acre
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114