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REO LISTING!

OVER 40% PRICE REDUCTION!

 

20+/- Acres
French Valley, CA

LOCATION:

South side of Benton Road, west of Pourroy Road, in the French Valley area of Riverside County (adjacent to Murrieta). Approximately 1.25 miles east of Highway 79 (Winchester Road) and 2.5 miles north of Murrieta Hot Springs Road.

   
APN / SIZE:

963-010-006 = 20.03+/- acres.

   
ZONING:

R-A-1 (Residential Agricultural - 1 acre minimum lot sizes) and R-A-5 (Residential Agricultural - 5 acre minimum lot sizes).

BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.

   
LAND USE DESIGNATIONS:

RR (Rural Residential - 5 acre minimum lots sizes) and VLDR (Very Low Density Residential - 1 acre minimum lot sizes).

   
ENTITLEMENTS:

Tentative Tract Map TR32323 for 38 single family lots and Zone Change CZ07214 were started but never approved. Currently there are no entitlements, development plans or approvals - the property is being sold "As-is."

   
UTILITIES:

Electricity - Southern California Edison; Water/Sewer - Eastern Municipal Water District; Gas - Southern California Gas Company.

   
SCHOOL DISTRCT :

Temecula Valley Unified School Distrct.

   
MISC: This is an excellent location with several newer subdivisions in the area. Land across Benton is zoned for multi-density residential (14 to 20 UPA). Subject is basically flat along Benton Road then slopes up slightly at the south end.
   
PRICE:

Reduced to $399,000 (was $700,000). Make an offer. Lender owned and being sold "As-is."

   
CONTACT:

Deanne Boublis (DRE 00970999) at 818-787-3077 for additional information.

EMAIL REQUEST FULL PACKAGE

 

 

DISCLAIMER NOTICE TO BUYER: The above information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or to select experts with respect to legal, tax, environment, zoning, building construction, soils-drainage, or other such matters. Please click here to view our full disclaimer.

 

Licensed in California and Nevada
CA DRE Lic. 00861992 | NV RED Lic. B.1000713.Corp

Korek Land Company, Inc.
15230 Burbank Blvd., Suite 101 | Sherman Oaks, CA 91411 | 818-787-3077 | mail@korekland.com