San Jacinto, CA 92582,368 N Lyon AVE
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San Jacinto, CA 92582,368 N Lyon AVE
San Jacinto, CA 92582,368 N Lyon AVE
San Jacinto, CA 92582,368 N Lyon AVE
San Jacinto, CA 92582,368 N Lyon AVE

$2,900,000

Est. payment /mo

$3,700,000

21.6%
Est.Price: ?

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368 N Lyon AVE San Jacinto, CA 92582

42.18 Acres Lot

SOLD DATE : 05/31/2024

Key Details

Sold Price $2,900,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21217829

Sold Date 05/31/24

HOA Y/N No

Lot Size 42.180 Acres

Acres 42.18

Property 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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning A210

Interior

Fireplace No

Exterior

Fence Chain Link

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

View Y/N Yes

View Neighborhood

Building

Lot Description 2-5 Units/Acre, Agricultural, Corner Lot, Horse Property, Lot Over 40000 Sqft, Street Level, Value In Land

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 436280007

Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit

Horse Property Yes

Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Zachary King • Keller Williams Realty Calabasas
Bought with Dave Harbour • WD Land

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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