1 Palomar Street

Wildomar, CA 92595

$2,500,000

For Sale

    Local Information

    About this home

    This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development. 368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres. Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR

    Home Highlights

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    $6
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    1 year ago

    Home Details for 1, Palomar Street

    Interior Features

    Appliances & Utilities

    • Utilities: Other Water/Sewer, Electricity Connected, Sewer On Site

    Exterior Features

    Parking & Garage

    • Garage: No Garage
    • Road Frontage: City Street
    • Road Surface: Paved

    Pool & Views

    • Private Pool: No Private Pool
    • Views: Hills, Other

    Water & Sewer

    • Water Source: Public
    • Sewer: Public Sewer

    Property Information

    Property Information

    • Parcel Number: 368060011
    • Lot Size (sq ft): 456,944

    Property Type & Style

    • Type: Land
    • Subtype: Unimproved Land

    Location

    • Directions: Palomar St just West of Wesley.

    Listing Attribution

    • Agent Name: Corinne Berge
    • Brokerage: Realty ONE Group Southwest
    • Contact: 951-813-9009
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