+18188257388
realtor phone number +18188257388
agent realty Keller Williams Realty Calabasas
368 N Lyon San Jacinto, CA 92582, San Jacinto , 92582
Listing ID: SR21217829
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$3,700,000
Price
Listed: 2 years ago
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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.

Other located at 368 N Lyon San Jacinto, CA 92582. 368 N Lyon San Jacinto, CA 92582 is in the San Jacinto neighborhood.
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Listed by: Keller Williams Realty Calabas Keller Williams Realty Calabasas

Mortgage Estimation Calculate Your Own

20% down payment
$12,964
per month
35% down payment
$10,533
per month
50% down payment
$8,102
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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Zachary King
+18188257388

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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment