$469,000
4.95 Acre Lot

0 Loretta Road, Menifee, California 92584

  • Land Property Type
Property Description

A beautiful 4.95 acres of flat, fully usable land zoned for Residential homes, horses, and agriculture – this property is perfect for a large compound project, Build your own family compound with the main home, ADU, a barn, pool, and workshops. Manufactured homes are allowed. Grow vineyards, groves & orchards. Enjoy the rural lifestyle of open spaces. It is situated at a location with a quiet rural setting, yet, is actually just minutes from the conveniences of town, with schools, restaurants, hospitals, and grocery stores, and just minutes from the 15/215 freeways, 79N/Winchester Road, Temecula Wine Country & Promenade Mall. Close to the Cities of Winchester, Murrieta, and Temecula. 9+ miles to Diamond Valley Lake, Lake Skinner, and Lake Perris. The Grocery Outlet is at Winchester and Thompson. A new development project called French Valley Commons with various retail stores is being built near Leon & Benton Road. The paved road on Leon leads to Loretta Road. You may install a well or connect to the city water on the street. The electrical is available with the power pole on the front of the parcel. Surrounded by rural properties as well as many new homes in a fast-growing area near French Valley. ATTENTION: Builders, Developers & Investors: The property is in the vicinity of the Riverside County Winchester Community Plan. (General Plan Amendment No. 1207). The Amendment will change the General Plan Foundation Component from Rural (R) and Rural Community (RC) to Community Development (CD), and amend the accompanying land use designations from Rural Residential (RR) and Estate Density Residential (EDR) to Density Residential (LDR), Medium Density Residential (MDR), Commercial Retail (CR), Business Park (BP), and light Industrial (LI). Highway 79 Policy is being revised and the Draft EIR for the WCP is complete and in the reviewing process. Seek the opportunity to purchase before the zone changes. (The buyer to advised to perform their own due diligence.) This property is less than an hour from Corona & Riverside, SD & 2 hours from LA, OC, Palm Springs, Lake Arrowhead, and Big Bear.

Basic Details
Land
For Sale
SW24160347
$469,000
Hills, Meadow, Mountain(s), Neighborhood
4.95 Acre
Active
Features
: See Remarks, Fair Condition, Invisible
: Septic Type Unknown, Perc Test Required
: Water Available, None, See Remarks, Overhead Utilities
$0
Address Map
CA
Riverside
Menifee
92584
Loretta
Road
From I-15 East on Winchester (79 N), Left on Scott, Right on Leon, Right On Loretta Avenue (Sign) Cross Streets: Leon
SRCAR - Southwest Riverside County
R-R
Additional Information
$0
$0
$0
$0
$0
: Street Lights, Suburban, Biking, Rural, Hiking, Horse Trails, Valley, Stable(s)
: Unimproved, Agricultural, Residential, Investment, Multi-Family, Improved, Parking Lot, Horses
Unknown
: 0-1 Unit/Acre, No Landscaping, Rectangular Lot, Lot Over 40000 Sqft, Agricultural, Horse Property, Value In Land, Level, Near Public Transit, Street Level, Pasture, Corners Marked
2024-08-05
Agricultural,Horses,Improved,Investment,Multi-Family,Parking Lot,Residential,Recreational,Storage
: Public, See Remarks
Broker/Agent Information
Allison James Estates & Homes
Jieranai Maier
Listing Information
TMAIEJIE
KNM301
Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Owner May Carry,USDA Loan,VA Loan
Active
2024-12-05T03:30:30Z
CRMLS
: Standard
2024-08-05T11:45:40Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069