Simpson Road, Winchester, CA 92596

$10,000,000
List Price
$10,000,000
MLS#
OC22129545
Status
ACTIVE
Type
Land

Property Description

This flat acreage is on the path of development, positioned on the west edge of the unincorporated community of Winchester. Open and planned new home developments are nearby. The tentative map for this property consists of 160 expired. However, the Seller is starting work on a new tentative map with more than 200 units. The Seller will work with the Buyer to obtain new entitlements for the property. Buyers are encouraged to submit offers on Seller's co-owned neighboring property - a 128-unit tentative map. To the north of Simpson Road, the adjacent property is being sold separately with a co-owner for $8,800,000. MLS OC22082162 A Buyer has the opportunity to purchase an approved tentative map and acreage necessary to entitle another 240 plus units for a total of more than 350 units in a rapidly developing area of south Riverside County.

Additional Information

Pool
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Harry Fotinos, Broker, Harry Fotinos.