22500 Canaleto WayMoreno Valley, CA 92557

This exceptional 41.1-acre parcel presents a remarkable opportunity for residential development in Moreno Valley, California. Located at 22500 Canaleto Way, 92557, this fee simple property boasts a strategic location near the city's highest-income neighborhood and the prestigious Hidden Springs master-planned community. The site is zoned RR, RM, and MDR-RR, offering flexibility for various residential projects. While approximately 20 acres are considered useable, the entire 41.1 acres (APN 259-240-009 & 260-020-002) are included in this offering. The property's proximity to the Pigeon Pass Road freeway on/off ramp ensures convenient access to major transportation arteries. All necessary utilities are readily available nearby for connection to the site. Furthermore, its close proximity to established shopping centers and schools adds significant value to this prime development opportunity. The possibility of annexing the property into the City of Moreno Valley further enhances its potential. This is a rare chance to acquire a substantial land holding in a highly desirable area, poised for significant growth and development. The asking price is $649,000.