0 Ramona Expressway Active

San Jacinto,CA 92583

$ 900000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV24040913

Lot Size 11.840 Acres

Property Description

The subject property is 11.84 acres in size with the potential to expand up to 26.32 contiguous acres all owned by the same seller. The property is accessed from Ramona Expressway to the north and is just north of the newly built Starling Pointe residential community built by DR Horton. Directly to the south is a 12 acre property owned by the San Jacinto Unified School District with plans to build a new elementary school. The site sits just south of Ramona Expressway which is one of San Jacinto’s main throughfares. The property is also near Hwy 79, several new shopping centers, Soboba Springs Golf Couse and San Jacinto College. There is no doubt this is the most desirable area of the San Jacinto Valley.

The entire 26.32-acre property has an existing TTM for single family residential development but has recently been rezoned for Mixed Use–Entertainment. The MU-E zone allows for high-density residential development and will also allow for commercial, office, institutional, business, retail, and entertainment uses. This zone is consistent with the General Plan and allows for a residential density of 10.1 – 36 dwelling units per gross acre.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning Mixed Use - Entertainment

Exterior

Community Features Suburban,Valley

View Y/N Yes

View Mountain(s)

Building

Lot Description Value In Land

Water Public

New Construction No

Others

Acceptable Financing Cash,1031 Exchange

Listing Terms Cash,1031 Exchange

Special Listing Condition Standard

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