Description
Builders and Residential Developer's Opportunity to build 2.5 homes per acre or possibly 2 to 5 homes per acre on this 7.73 acres of country land right off Interstate 15 by the Lake Elsinore Outlet Stores by the Alberhill District of the City. Located in the northwestern portion of the City of Lake Elsinore and is a block away from the Terracina plan to build 369 or more single family homes within one block of these four parcels known as APN: 389-155-001 - 2.44 acres (299X354); APN; 389-154-004 -2.06 acres (178X497); APN: 389-154-005 - 1.17 acres (135X356) & APN: 389-154-006 - 2.06 acres - (177X494). Water Main in road beyond the Forgaty Electric Sub Station on Terra Cotta & Kings Hwy. Excellent location to build executive dream homes. 7.73 Acres of level to rolling terrain with views of the hills surrounding this location. Secluded and peaceful natural landscaped close to Interstate 15, and shopping. Excellent location to build now or in the future. Elsinore Valley Water District services this area. Terra Cotta will be a paved road in the future. The owner will carry with 25% down.
Details
| MLS# | IV20115786 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Active |
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| Days On Site | 255 |
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Features
| Zoning | Res |
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| Acreage | 7.73 |
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| Property View | Yes |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Nov 2020 | Sales: 5 | Avg $ Per SqFt: $90.69 | Min Sale Price: $1,395 | Max Sale Price: $495,000 | Med Sale Price: $176,000 |
| Date: Oct 2020 | Sales: 22 | Avg $ Per SqFt: $201.92 | Min Sale Price: $1,600 | Max Sale Price: $610,000 | Med Sale Price: $400,000 |
| Date: Sep 2020 | Sales: 37 | Avg $ Per SqFt: $174.22 | Min Sale Price: $845 | Max Sale Price: $720,000 | Med Sale Price: $382,000 |
| Date: Aug 2020 | Sales: 63 | Avg $ Per SqFt: $200.18 | Min Sale Price: $1,325 | Max Sale Price: $600,000 | Med Sale Price: $386,000 |
| Date: Jul 2020 | Sales: 75 | Avg $ Per SqFt: $182.22 | Min Sale Price: $1,025 | Max Sale Price: $610,000 | Med Sale Price: $356,000 |
| Date: Jun 2020 | Sales: 75 | Avg $ Per SqFt: $198.81 | Min Sale Price: $1,400 | Max Sale Price: $918,000 | Med Sale Price: $375,000 |
| Date: May 2020 | Sales: 63 | Avg $ Per SqFt: $198.16 | Min Sale Price: $1,050 | Max Sale Price: $618,000 | Med Sale Price: $365,000 |
| Date: Apr 2020 | Sales: 73 | Avg $ Per SqFt: $190.53 | Min Sale Price: $795 | Max Sale Price: $1,664,000 | Med Sale Price: $365,000 |
| Date: Mar 2020 | Sales: 87 | Avg $ Per SqFt: $164.36 | Min Sale Price: $795 | Max Sale Price: $500,000 | Med Sale Price: $307,000 |
| Date: Feb 2020 | Sales: 131 | Avg $ Per SqFt: $167.11 | Min Sale Price: $725 | Max Sale Price: $880,000 | Med Sale Price: $320,000 |
| Nov 2020 |
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| Sales: | 5 |
| Avg $ Per SqFt: | $90.69 |
| Min Sale Price: | $1,395 |
| Max Sale Price: | $495,000 |
| Med Sale Price: | $176,000 |
| Oct 2020 |
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| Sales: | 22 |
| Avg $ Per SqFt: | $201.92 |
| Min Sale Price: | $1,600 |
| Max Sale Price: | $610,000 |
| Med Sale Price: | $400,000 |
| Sep 2020 |
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| Sales: | 37 |
| Avg $ Per SqFt: | $174.22 |
| Min Sale Price: | $845 |
| Max Sale Price: | $720,000 |
| Med Sale Price: | $382,000 |
| Aug 2020 |
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| Sales: | 63 |
| Avg $ Per SqFt: | $200.18 |
| Min Sale Price: | $1,325 |
| Max Sale Price: | $600,000 |
| Med Sale Price: | $386,000 |
| Jul 2020 |
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| Sales: | 75 |
| Avg $ Per SqFt: | $182.22 |
| Min Sale Price: | $1,025 |
| Max Sale Price: | $610,000 |
| Med Sale Price: | $356,000 |
| Jun 2020 |
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| Sales: | 75 |
| Avg $ Per SqFt: | $198.81 |
| Min Sale Price: | $1,400 |
| Max Sale Price: | $918,000 |
| Med Sale Price: | $375,000 |
| May 2020 |
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| Sales: | 63 |
| Avg $ Per SqFt: | $198.16 |
| Min Sale Price: | $1,050 |
| Max Sale Price: | $618,000 |
| Med Sale Price: | $365,000 |
| Apr 2020 |
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| Sales: | 73 |
| Avg $ Per SqFt: | $190.53 |
| Min Sale Price: | $795 |
| Max Sale Price: | $1,664,000 |
| Med Sale Price: | $365,000 |
| Mar 2020 |
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| Sales: | 87 |
| Avg $ Per SqFt: | $164.36 |
| Min Sale Price: | $795 |
| Max Sale Price: | $500,000 |
| Med Sale Price: | $307,000 |
| Feb 2020 |
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| Sales: | 131 |
| Avg $ Per SqFt: | $167.11 |
| Min Sale Price: | $725 |
| Max Sale Price: | $880,000 |
| Med Sale Price: | $320,000 |
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MLS Number: IV20115786