0 Iris Avenue Pending

Woodcrest,CA 92506

$ 750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IV23099303

Lot Size 30.028 Acres

Property Description

Tremendous infill property in the path of development, and located in the prestigious and equestrian friendly community of Woodcrest with easy access to either the 91 or 215 Freeway. Woodcrest is a suburb of the City of Riverside with a rural feel and highly rated public and private schools. The property consists of three parcels (APNs: 245-270-003, 245-270-005 & 245-250-022). The site is contiguous to 140 acres currently proposed for 232 residential lots and an additional 60 acres that is listed for $6,000,000 ($100,000 per acre). Approximately 20 acres fairly flat with 10 acres mountainous. Great opportunity for an investment, ranch, custom homes or entitle into multiple residential lots to compliment the adjacent proposed development. Several new home communities within a close proximity, such as the Vistas at Mockingbird Canyon that are listed as high as $1,488,000 for homes on minimum 1 acre lots. Phenomenal value buy.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R-A-2 1/2

Exterior

Community Features Biking,Hiking,Horse Trails,Mountainous,Rural

Utilities Available Water Not Available

View Y/N Yes

View Hills,Mountain(s),Panoramic

Building

Lot Description 0-1 Unit/Acre,Agricultural,Horse Property,Lot Over 40000 Sqft

Water None

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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