$3,000,000 0 Mcelwain Road Murrieta, CA

MLS: SW17257143   Type: Land   County: Riverside   City: Murrieta   Area: Murrieta-central   Zip: 92562  

Mortgage $14,084 /mo



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Located within desirable fast growing path of progress in a developing area. There are two separate parcels being offered totaling 4.84 Acres currently zoned for up to 48 single family residential (SFR) units in Central Murrieta's key SFR and multi-family growth area. The area's prime undeveloped and developable property with spectacular views over adjacent regional retail center including Super Target, Tractor Supply, Starbucks, BofA, nearby CVS and restaurants. Easy access to the I-215 Clinton Keith Exits, Vista Murrieta High School and Linnel Overpass to Loma Linda Hospital. SF-2 Zone currently allows 5.1 to 10.0 units/ac. Lot sizes 5,000+sf. or clustered with open space. Multi-family, condo Assisted Living/skilled Nursing and other Child/Adult Care Facilities allowed with Conditional Use Permits, APN 392-260-009 is 2.45 acres and APN 392-260-010 is 2.39 acres. McElwain is designated as MAJOR Roadway connecting to Keller Road in General Plan Circulation Element. The land is well sited with nearly 600 feet of street frontage on McElwain Road, directly across from Super Target and Tractor Supply. Key ongoing projects and infrastructure improvements make this fast-growing area more desirable including: I-215 widening, Scott Road & Keller Road I-215 Interchanges to accommodate Kaiser Medical Services and Hospital, extension of Clinton Keith east to Winchester (CA 79N) extension of Whitewood from Clinton Keith to Keller Road.

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Price History

12/12/2017 Listed $3,000,000

Association Y/N 0
Co-listing Agent Rick Jemison - BRE#01251536
Colistagentfirstname Rick
Colistagentlastname Jemison
Colistagentstatelicense 01251536
Community Features Curbs, Gutters, Sidewalks, Street Lighting, Suburban
HOA Fee 0.00
Listagentstatelicense 00896313
Listing Agent Nancy Risen - BRE#00896313
MLS Area 207 - Murrieta-Central
Possibleusecomments SF-2 Residential.
Price Per Square Foot 14.23
Senior Community Y/N 0
Special Listing Conditions Standard
Zoning SF-2

Exterior Features

Fencing None
Land Lease Y/N 0
Lot Features 6-10 Units/Acre, Bluff Front, Corner Lot, Gentle Slope, Lot Over 40000 Sqft, Lot Shape-Rectangular, Near Public Transit, Paved, Up Slope from Street, Utilities - Overhead
Lot Size Source Assessor
Lot Size Square Feet 210830.40
Lotsizeunits Acres
Road Frontage Type City Street
Road Surface Type Paved
Sewer None
View Mountain, Neighborhood, Panoramic, See Remarks
Water Source Public
Water Well? 0

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Property vs Zip Code Avg (92562)

Price 3.00M Avg 569K

Acres 4.84 Avg 7.91

Visits 76 Avg 100

Days on Site 188 Avg 336

Walkscore® 30 Avg 22

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Listing Provided Courtesy Of: Nancy Risen with Coldwell Banker Res-Murrieta.

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Location & Address

Own it Group
307 East Chapman Avenue, Suite 101
Orange, CA

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