368 N Lyon Avenue, San Jacinto, California 92582
- $3,700,000
- $3,700,000
Overview
- Land
Description
This is an incredible opportunity to own a beautiful 43 acre property, consisting of 2 parcels. The lots are flat and zoned RL (Residential Low Density). This zoning allows single family homes, modular homes and townhomes, at an allowed density of 2.1 – 5 dwelling units per acre, allowing for a total of 90 – 215 dwelling units to be developed on the lots. There is an expired tentative tract map for 140 single family lots. The tentative tract map still complies with the current zoning, and it’s estimated it will take approximately six months to one year to bring the project to final recording. The property is surrounded by newer single family tract home developments that have been selling quickly. Furthermore, there is a new middle school currently in construction across the street, through the San Jacinto School District, with completion and enrollment scheduled for 2021. These lots are next to Mount San Jacinto State Park, and close to the Gilman Hot Springs, located in the rural and serene San Jacinto area, just far enough from everything to feel like you’re in the county, but still accessible to modern day amenities. The vacant lot is 10 minutes to the Soboba Casino Resort, Soboba Springs Golf Course, Golden Era Golf Course and the Mount San Jacinto College. Additionally, the property is only 1 1/2 hours from business and high job centers, such as Orange County, San Diego and Los Angles. Furthermore, it’s less than 45 minutes to San Bernardino, Temecula wine county, as well as Palm Springs and the Coachella Valley. This is an exceptional opportunity to purchase a 43 acre development site in a quickly appreciating area in Southern California.
Address
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Address: 368 N Lyon Avenue
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City: San Jacinto
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State/county: CA
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Zip/Postal Code: 92582
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Country: US
Details
Updated on May 31, 2024 at 4:01 pm-
Property ID SR21217829
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Price $3,700,000
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Land Area 42.18 Acres
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Property Type Land
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit
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Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
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Sewer Public Sewer
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County Riverside
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Property Type Land
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Community Features Suburban
Mortgage Calculator
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