3 months on rocket

0 Loretta Rd, Menifee, CA, 92584

$469,000

4.95 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewHills, Meadow, Mountain(s), Neighborhood
MLS #SW24160347
Lot Size4.95 Acres
StatusActive

About 0 Loretta Rd

A beautiful 4.95 acres of flat, fully usable land zoned for Residential homes, horses, and agriculture - this property is perfect for a large compound project, Build your own family compound with the main home, ADU, a barn, pool, and workshops. Manufactured homes are allowed. Grow vineyards, groves & orchards. Enjoy the rural lifestyle of open spaces. It is situated at a location with a quiet rural setting, yet, is actually just minutes from the conveniences of town, with schools, restaurants, hospitals, and grocery stores, and just minutes from the 15/215 freeways, 79N/Winchester Road, Temecula Wine Country & Promenade Mall. Close to the Cities of Winchester, Murrieta, and Temecula. 9+ miles to Diamond Valley Lake, Lake Skinner, and Lake Perris. The Grocery Outlet is at Winchester and Thompson. A new development project called French Valley Commons with various retail stores is being built near Leon & Benton Road. The paved road on Leon leads to Loretta Road. You may install a well or connect to the city water on the street. The electrical is available with the power pole on the front of the parcel. Surrounded by rural properties as well as many new homes in a fast-growing area near French Valley. ATTENTION: Builders, Developers & Investors: The property is in the vicinity of the Riverside County Winchester Community Plan. (General Plan Amendment No. 1207). The Amendment will change the General Plan Foundation Component from Rural (R) and Rural Community (RC) to Community Development (CD), and amend the accompanying land use designations from Rural Residential (RR) and Estate Density Residential (EDR) to Density Residential (LDR), Medium Density Residential (MDR), Commercial Retail (CR), Business Park (BP), and light Industrial (LI). Highway 79 Policy is being revised and the Draft EIR for the WCP is complete and in the reviewing process. Seek the opportunity to purchase before the zone changes. (The buyer to advised to perform their own due diligence.) This property is less than an hour from Corona & Riverside, SD & 2 hours from LA, OC, Palm Springs, Lake Arrowhead, and Big Bear.

Property Details

Property Features

Listing Office:

  • Office Name: Allison James Estates & Homes
  • Office Phone: (951) 751-1796
  • Listing Agent: Jieranai Maier

Exterior Features

Exterior Information:

  • View: Hills, Meadow, Mountain(s), Neighborhood

Lot Features

Lot Information:

  • Lot: Agricultural, Corners Marked, Level, Pasture, Near Public Transit, Rectangular Lot
  • Lot Size: 4.95 Acres

Other

Directions Information:

  • Directions: From I-15 East on Winchester (79 N), Left on Scott, Right on Leon, Right On Loretta Avenue (Sign) Cross Streets: Leon

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
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Housing Market Comparison

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

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Menifee, CA

City

Med. Sold Price

$580K

Med. Price/SqFt

$283

Avg. Days On Market

34

# of Sold Homes

113

0 Loretta Rd vs Menifee

119 DAYS ON ROCKET

+85 Days

$469,000

-$111K Less

KEY TAKEAWAY

This property is $111K less than the Median Sold Price in Menifee, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24160347

Listing Office:

  • Office Name: Allison James Estates & Homes
  • Office Phone: (951) 751-1796
  • Listing Agent: Jieranai Maier

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: 12/3/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,473

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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-3481623
6
/10

  • Oak Meadows Elementary School

  • 28600 Poinsettia St

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-3481624
6
/10

  • Southshore Elementary School

  • 30975 Southshore Dr

  • 1.95 miles

  • Public District Grades KG-5

school-card-donut-3481625
6
/10

  • Callie Kirkpatrick Elementary School

  • 28800 Reviere Dr

  • 2.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,032. Typical income of Menifee, CA residents is between $35k-100k annually. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Menifee, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Menifee, CA?

Menifee's housing market is diverse, offering a range of options from single-family homes to multi-unit complexes. The architectural styles vary, with a prevalence of contemporary and ranch-style homes. The area has seen a recent surge in development, with many properties featuring modern amenities and sustainable design elements. The homeownership rate in Menifee is robust, reflecting the community's preference for owning over renting.

Is Menifee, CA a good place to live?

Menifee prides itself on a family-friendly atmosphere with a growing sense of community. The area is celebrated for its recreational parks, local events, and community gatherings that foster a strong sense of belonging among residents. The city's character is further defined by its commitment to maintaining a balance between residential growth and preserving the natural beauty of the surrounding landscapes.

Are things conveniently located in Menifee, CA?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private educational institutions. Healthcare services are accessible, with local clinics and a regional hospital providing a range of medical services. Menifee also features a variety of shopping centers and dining options that cater to the tastes and needs of its residents, reflecting the local culture and lifestyle.

What does the transportation in Menifee, CA look like?

Menifee's transportation infrastructure includes a network of major roads and highways that facilitate travel and commuting to nearby cities. Public transportation options are available, providing connectivity within the city and to surrounding areas. The community is increasingly focusing on improving walkability and bikeability, with ongoing projects aimed at enhancing the safety and convenience of non-motorized transport. Ride-sharing services are also an option for residents, complementing the existing transportation system.

Frequently Asked Questions About 0 Loretta Rd

What is the listing price of this property?

The listing price of 0 Loretta Rd property is $469,000.

What type of property is this?

The property 0 Loretta Rd is land located in Menifee, California, 92584.

Is this property for sale now?

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

How much acreage is this property?

The property 0 Loretta Rd is 4.95 acres.
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Rocket Homes›California›Riverside County›Menifee›92584›0 Loretta Rd

This home is located at 0 Loretta Rd in Menifee, CA and zip code 92584. This home sits on a 4.95 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $469,000.

Over 43 listings were sold over their listed price in November 2024 in Menifee, CA. In the same period over 48 listings were sold below the listed price and 22 listings were sold for the listed price. In November 2024 in Menifee, CA there were 3.4% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $580,034, while the average time on the real estate market was 34 days.

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

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