REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Chris Lee, DRE #02107257 • Pacific Sotheby's Int'l Realty

$ 15,000,000

Est. payment | -/mo

3 Sqft Lot

Save

$ 15,000,000

Est. payment | -/mo

Save

3 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26018960

Lot Size 3 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of California's high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing! .. Located in Temecula Wine Country in the SP-14 Uptown Specific Plans . Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms. . Area is endowed with Steady population growth, accelerated income with a large percentage of population 'aging-up' to the rental market. . All entitlements secured after a highly lengthy process . Positioned for strong absorption post 2026 . Flat topography . Excellent Frontage and Close to famed Old Town Temecula

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning LL

Exterior

View None

Building

Lot Description Grade - Level

Others

Tax ID 921060058

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

28170 Jefferson AVE Temecula, CA 92590