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40624 Gibbel Rd
Hemet, CA 92544
Mesa Grande · Land For Sale
·
468.00 AC
Investment Highlights
- Approved specific plan for 200± homes
- Close proximity to Diamond Valley Reservoir and Recreational Area
- Located just outside of the growing Inland Empire industrial market
Executive Summary
This 468± Acre Residential Development Opportunity is located in unincorporated Riverside County and tucked into the Santa Rosa Hills. Apart of the approved Mesa Grande Specific Plan, this property provides a unique opportunity to develop a low density (1-10 acre lots) residential project with stunning views over the City of Hemet and the surrounding valleys. Alternatively, a developer may desire to reimagine the project with an increase to density or smaller lots and project footprint.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 468.00 AC |
| Zoning | R-A-1, W-2 - Residential Agriculture, Controlled Development Areas | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 468.00 AC |
| Zoning | R-A-1, W-2 - Residential Agriculture, Controlled Development Areas |
1 Lot Available
Lot
| Price | $12,290,670 CAD | Lot Size | 468.00 AC |
| Price Per AC | $26,262.12 CAD |
| Price | $12,290,670 CAD |
| Price Per AC | $26,262.12 CAD |
| Lot Size | 468.00 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $292,744 CAD | Total Assessment | $292,744 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$292,744 CAD
Improvements Assessment
$0 CAD
Total Assessment
$292,744 CAD
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