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0 Gibson Ave & Montgomery ave - Montgomery Ave 4.68 Acres of Residential Land Offered at $455,265 CAD in Nuevo, CA 92567

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Investment Highlights

  • POSSIBLE SPLIT into 2+ lots
  • Nice VIEWS of the mountains
  • This lot is generally flat with some slope.

Executive Summary

$125K on Converse Merger 4 Ave 1.12 Acres
$155K on Converse Merger 1 Ave 1.47 Acres PARCEL# : 427-100-006
$299K on 11th SVOL 1 St 5.29 Acres: PARCEL #:  427-120-042
$375K on Montgomery SVOL 10 Ave 5.61 Acres: PARCEL #:  427-120-047
$335K on Montgomery SVOL 11 Ave 4.67 Acres: PARCEL #:  427-120-048
$325,000 on Montgomery SVOL 12 Ave 4.67 Acres: PARCEL #:  427-120-049

Property Facts

Price $455,265 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 4.68 AC
Zoning R-A - Vacant Land

1 Lot Available

Lot 427120048

Price $455,265 CAD
Price Per AC $97,278.84 CAD
Lot Size 4.68 AC

Price list: Merger 2: across from 31070 Park Boulevard Nuevo, CA 92567-9754 Merger 2 Lot A: 35,992 Sqft =0.826 Acres $160K $185K on Converse SVOL 16 Ave 2.33 Acres $165K on Converse SVOL 17 Ave 1.56 Acres

Description

0 Montgomery Ave, lot SVOL 11 is 4.68 Acres in the heart of Nuevo, per seller POSSIBLE SPLIT into 2 lots. This lot is generally flat with some slope. Amazing Nuevo residential development potential. This lot is part of a 39+ acre property, featuring preliminary lot plans for 72 homes. Expired Tentative Tract Map (TTM) on file, approved 15 years ago, all renewals have expired. Currently each lot is individually Marketed and being sold. It's possible to subdivide property into smaller lots (buyer to verify with county). Nice VIEWS of the mountains, this is Horse property with lots of space to spread out and build a new custom home. A few homes next door and others nearby. Located near Prestigious Sky Mesa Ranch Community, Lake Perris, Diamond Valley Lake, San Bernardino Mountains, San Jacinto Mountains, and so much more, Also within a 45 min to 1 hour and half drive to all major attractions and destinations in Southern California. The seller completed percolation tests years ago on much of the acres in the subdivision. This area would require a SEPTIC tank AND a WELL, property has not been surveyed, the images give you an idea of where the lot is located. Lot is Approximately 510 X 400. This is "Lot 11 of Sierra Vista Orange Lands, in the County of Riverside, State of California, as shown on a Map Recorded in Book 8 Page 12 of Maps, in the Office of the County Recorder of said County". In 1911 several lots were created from a subdivision map which was approved. Property does not have a current address, use map to find location. Photo images are close renderings to size and shapes. Located at coordinates Lat 33.803581 and Long -117.122774.

Property Taxes

Property Taxes

Parcel Number
427-120-048
Land Assessment
$361,423 CAD
Improvements Assessment
$0 CAD
Total Assessment
$361,423 CAD
  • Listing ID: 34429253

  • Date on Market: 2025-01-09

  • Last Updated:

  • Address: 0 Gibson Ave & Montgomery ave, Nuevo, CA 92567

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