$469,000
Est. $2,626/mo0 Loretta Road, Menifee, CA 92584
About this home
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.
infoProperty Facts
Lot Size
215,622 sqft
Days on Market
359
HOA Fee
N/A
MLS #
SW24160347
chairInterior Details
garageParking
deckExterior & Lot
Building & Construction
Fencing
Fair Condition, Invisible, See Remarks
Lot & Grounds
Lot Features
Zero To One Unit Acre, Agricultural, Corners Marked, Horse Property, Lot Over40000 Sqft, Level, No Landscaping, Pasture, Near Public Transit, Rectangular Lot, Street Level, Value In Land
Sewer
Perc Test Required, Septic Type Unknown
Water Source
Public, See Remarks
diversity_3Community & HOA
Association Info
Community Features
Biking, Hiking, Horse Trails, Stables, Rural, Street Lights, Suburban, Valley
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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