398 Spectacular Acres of Property in Menifee! PRICED AT ONLY $22K / ACRE. The largest parcel available in the city of Menifee and the surrounding area. 398.32 Acres Zoned R-1 and R-A-10 could be a high-end hilltop home development. Possible re-zoning to R-A-2.5 or better (1-home site for every 2.5 acres which could yield 159 home-sites! If those 2.5 acre home-sites sold individually at $200K each you could reap a total of $31MM+) Possible zoning change to a Church, golf course, cemetery, private retreat or build approximately 39-ultra luxury view homes with 10-Acres each. UNIQUE DEVELOPMENT OPPORTUNITY IN THE CITY OF MENIFEE. TOTALING 398.32 ACRES, PARTIALLY ZONED R-A-1 AND R-A-10. INCLUDES FLAT AREAS, HILLS, TREMENDOUS VIEWS AND GENTLY SLOPING TERRAIN. BUYER TO CONDUCT COMPLETE INDEPENDENT STUDY OF THE PROPERTY TO SATISFY THEMSELVES OF POSSIBLE ZONING CHANGES, USAGE, EASEMENTS AND GRADING REQUIREMENTS WITH THE CITY OF MENIFEE AND PROPER AGENCIES. The property has forever views and serene surroundings. Residential and Commercial Developments surround the land. McCall Blvd is to the north, Antelope Road is to the west, Panorama Hills Drive is to the south and Menifee Road is to the east. 19-separate parcels of about 20-Acres plus each. Imagine, almost 400-Acres of land right in the middle of the city! 5% Commission to selling office!
|Days On Site||46|
|Date||Sales||Avg $ Per SqFt||Min Sale Price||Max Sale Price||Med Sale Price|
|Date: Jan 2019||Sales: 52||Avg $ Per SqFt: $164.49||Min Sale Price: $1,595||Max Sale Price: $575,000||Med Sale Price: $370,902|
|Avg $ Per SqFt:||$164.49|
|Min Sale Price:||$1,595|
|Max Sale Price:||$575,000|
|Med Sale Price:||$370,902|