11 months on rocket

0 Cherry St, Wildomar, CA, 92595

$1,200,000

2.37 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewMountain(s)
MLS #OC23222337
Lot Size2.37 Acres
StatusActive

About 0 Cherry St

ATTENTION BUILDERS..INVESTORS..DEVELOPERS. This OPPORTUNITY is for you. Prime 2.37 Acre Lot with Approved Tentative Track Map to build 10 stunning single-family homes in the picturesque city of Wildomar. With breathtaking mountain views and a highly desirable location on the corner of Cherry Street and Waite Street, this property offers immense potential for a lucrative real estate venture. Property Details: - Size: 2.37 acres (103,237 square feet) Zoning: Residential - Approved Tentative Track Map - Preliminary Three Layout Plans for Two-Story Homes - Mountain Views and Scenic Surroundings - Convenient Access to Major Highways and Amenities Development Potential: The approved tentative track map allows for the construction of 10 single-family homes on this expansive lot. You will have a head start on creating an exceptional residential community that caters to today's homebuyers. Wildomar is a highly sought-after area, and the completion of this project is estimated to yield an approximate sale price of $7,500,000 after construction. Key Highlights: - High Growth Area with Strong Market Demand - Picturesque Mountain Views Enhance Appeal - Ideal Location on Corner Lot for Maximum Exposure - Proximity to Schools, Shopping Centers, and Recreation Facilities - Easy Access to Major Highways for Commuting Don't miss out on this incredible opportunity to invest in Wildomar's thriving real estate market. Whether you're an experienced developer or someone looking to capitalize on the demand for quality homes, this 2.37 acre lot with an approved tentative track map is the perfect canvas for your next success story.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Corona Market Center
  • Office Phone: (714) 332-9993
  • Listing Agent: Raghda Ali

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 2.37 Acres

Other

Directions Information:

  • Directions: I-15 North to exit 71 towards Bundy Canyon Rd, Left to Cherry St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
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Housing Market Comparison

See how this home compares to others in Wildomar, CA.

Med. Sold Price

$643.5K

Med. Price/SqFt

$285

Avg. Days On Market

39

# of Sold Homes

18

0 Cherry St vs Wildomar

350 DAYS ON ROCKET

+311 Days

$1,200,000

+$556.5K More

KEY TAKEAWAY

This property is $556.5K more than the Median Sold Price in Wildomar, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC23222337

Listing Office:

  • Office Name: Keller Williams Corona Market Center
  • Office Phone: (714) 332-9993
  • Listing Agent: Raghda Ali

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-276992
6
/10
  • Wildomar Elementary School

  • 21575 Palomar St

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-276993
7
/10
  • Donald Graham Elementary School

  • 35450 Frederick St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-276994
5
/10
  • Ronald Reagan Elementary School

  • 35445 Wildomar Trl

  • 1.71 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,788. The majority of Wildomar, CA residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Cherry St

What is the listing price of this property?

The listing price of 0 Cherry St property is $1,200,000.

What type of property is this?

The property 0 Cherry St is land located in Wildomar, California, 92595.

Is this property for sale now?

Active Listing: 0 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Cherry St is 2.37 acres.
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Rocket HomesCaliforniaRiverside CountyWildomar925950 Cherry St

This home is located at 0 Cherry St in Wildomar, CA and zip code 92595. This home sits on a 2.37 acre lot. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $1,200,000.

In October 2024 more than 5 listings in Wildomar, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Wildomar, CA increased by 4.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $643,500, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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