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$ 878,000
Est. payment /mo
Active
39767 Esplendida Temecula, CA 92592
20.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26084085
HOA Fees $238/mo
Lot Size 20.740 Acres
Property Sub-Type Lots/Land
Property Description
SKY RANCH at Esplendida: Your Incredible Property sits at the top of the highest Hill with a massive Main Pad that its akin to an Elevated Stage in a giant Stadium that is the Temecula Valley. The panoramic, breathtaking views are like an AI-generated Postcard: from Snow-capped, majestic Mountains in the east to the Sunset-crowned Santa Rosa Plateau in the west, with Green Meadows, Lake Skinner, abundant Orchards, Million Dollar Mansions, early morning Hot Air Balloons, large Horse Corrals, sun-drenched Vineyards, and twinkling City Lights in between. With all ~21 acres now designated as least sensitive, this property is in the process of being divided into 4 separate 5-acre parcels, with each of the 3 additional projected pads having Top of The Hill Views and ranging between 15,000-22,000 sqf of flat/usable/buildable surface. 5 acres is the minimum size, and most recent sales with similar views have been at 449k and 530k. This amazing Property offers various lucrative opportunities: (1) Build your custom home, guest houses/ADUs, workshop/barn, and grow a Vineyard or Orchard on the remaining land; (2) Complete the Split and sell off 3 lots, with proceeds covering the cost of the parcel you keep, and funding part your construction; (3) Take it a big step further and build Spec Homes on each lot, with the potential of 6-7-figure profits per lot. HOA dues are just under $200/per acre/per year. HOA is actively exploring PAVING OF THE ROADS, expected to happen in the next 1-2 years, and thus increasing the value and desirability of the properties even more. Even if you do nothin
Location
State CA
County Riverside
Community Horse Trails
Direction De Portola to Via De Oro; (L) Loren Way, turns into Via View Rd, (L) Bruce Ln; (R) Scanlon. Corner of Esplendida and Scanlon
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Others
HOA Name Rancho Glenoaks
Senior Community No
Tax ID 915560007
Acceptable Financing Cash, Conventional, Seller May Carry
Listing Terms Cash, Conventional, Seller May Carry
Listed by Valentina Neufeld, DRE#01955772 BOLD Realty Group
Co-listed byKevin Kuhns • BOLD Realty Group
Co-listed byKevin Kuhns • BOLD Realty Group