INVESTMENT PROPERTY!!! Amazing opportunity in Wildomar! This property offers breathtaking views to build your dream home OR there is plenty of space and access to develop. This 2.5 ACRE LOT is close by the future Wildomar 27-acre Park that will potentially increase this property value once 27 ACRE PARK is developed! Property is currently zoned as R-R, can be used as ranch style living, residential property, horse property, a potential agriculture focused business! The possibilities are extensive .... call the City of Wildomar or listing agent for further details! This property has a Parcel Map with 4 - 1/2-acre parcels that was approved by the County of Riverside several years ago. Currently the property has been annexed into the City of Wildomar where the planning must review it again. The potential land use is extremely flexible. The lot has no previous construction or use. The views from this property are breathtaking as the lot rises in elevation and has plenty of room to build whatever your imagination desires OR just hold on to the land as an investment for potential big gains in the future.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Email: katrinareiter@me.com
Listing Agent: Katrina Reiter
Exterior Features
Exterior Information:
View: Hills, Mountain(s)
Lot Features
Lot Information:
Lot Size: 2.51 Acres
Other
Directions Information:
Directions: FROM I-15 S. EXIT BAXTER ROAD TURN RIGHT ONTO BAYLESS ROAD TURN LEFT ONTO PEGGY LANE Cross Streets: PEGGY LANE/BAYLESS RD
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wildomar, CA.
This property is $105K 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: #OC24185619
Listing Office:
Office Name: Coldwell Banker Realty
Office Email: katrinareiter@me.com
Listing Agent: Katrina Reiter
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: 12/18/2024, 5:21:14 PM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Ronald Reagan Elementary School
35445 Wildomar Trl
Distance between this listing and this school0.29 miles
Public District Grades KG-5
7
/10
Donald Graham Elementary School
35450 Frederick St
Distance between this listing and this school0.58 miles
Public District Grades KG-5
6
/10
Wildomar Elementary School
21575 Palomar St
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Nearby Schools
6
/10
Sycamore Academy of Science and Cultural Arts
23151 Palomar St
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
5
/10
David A. Brown Middle School
21861 Grand Ave
Distance between this listing and this school1.97 miles
Public District Grades 6-8
7
/10
Thompson Middle School
24040 Hayes Ave
Distance between this listing and this school3.13 miles
Public District Grades 6-8
Nearby Schools
6
/10
Elsinore High School
21800 Canyon Dr
Distance between this listing and this school2.20 miles
Public District Grades 9-12
8
/10
Murrieta Valley High School
42200 Nighthawk Way
Distance between this listing and this school3.14 miles
Public District Grades 9-12
5
/10
Murrieta Canyon Academy
24150 Hayes Ave
Distance between this listing and this school3.30 miles
The neighbors living near this home have an average income of $110,281. The most common annual income of people living in Wildomar, CA is between $100k-200k. The majority of families are married, with 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 23662 Peggy Ln
What is the listing price of this property?
The listing price of 23662 Peggy Ln property is $750,000.
What type of property is this?
The property 23662 Peggy Ln is land located in Wildomar, California, 92595.
Is this property for sale now?
Active Listing: 23662 Peggy Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 23662 Peggy Ln in Wildomar, CA and zip code 92595. This home sits on a 2.51 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $750,000.
Over 8 listings were sold over their listed price in November 2024 in Wildomar, CA. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. Between October 2024 and November 2024, Wildomar, CA real estate market has seen decrease in the number of listings by 11.1%. While the average time on the market in November 2024 was 49 days, the median list price was $645,000.
From Rocket Homes Real Estate and based on county public records data.