31690 Simpson, Winchester, CA 92585

$2,200,000
List Price
$2,200,000
MLS#
SW22083626
Status
ACTIVE
Type
Land

Property Description

This listing is for one of four parcels with a 128-lot, approved Tentative Map, TM33700, in a quickly developing area. Three other parcels are also for sale and listed (Call Agent For Contact Information) for $6,600,000. The total purchase price for the Tentative Map purchased from the two owners is $8,800,000. The Sellers are cooperating to sell this rare approved Tentative Map. DR Horton is pre-selling its new community, Peasant Valley, directly to the west. Pleasant Valley will have homes priced from $547,000 to $610,000. Other builders in the area include KB Home, Brookfield, which purchased land but has not opened a community, and Lennar. Winchester has seen rapid price appreciation over the last two years, with new home builders increasing pricing by more than $100,000 since 2020. The Tentative Map consists of 7,200 square foot lots minimum and has one extension remaining. The location provides excellent access to Interstate 15 via Domenigoni Parkway and McCall Boulevard. Shopping and other amenities are plentiful in this beautiful area of southern Riverside County. Buyer to verify all information during due diligence, including acreage, map conditions, and development requirements. Call agent for due diligence materials. Parcel Numbers are 462020020 462020021 462020023 owned by other party and is listed for sale for $6,600,000

Additional Information

Pool
Yes

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Courtesy of Independent Properties, Joanne Bragg.