Lakeview Avenue, Nuevo/Lakeview

$999,900

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3.82

Acres

About Lakeview Avenue

Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Don’t miss this great opportunity!

Features of Lakeview Avenue

MLS® # DW24220209
Price $999,900
Bathrooms 0.00
Acres 3.82
Type Land
Status Active

Community Information

Address Lakeview Avenue
Area 699 - Not Defined
City Nuevo/Lakeview
County Riverside
Zip Code 92567

Amenities

View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description TwoToFiveUnitsAcre

Additional Information

Date Listed October 30th, 2024
Days on Market 357
Zoning R-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChris Flores
OfficeF7 Realty

Listing Map

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