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    157.69 Ac Chico Hl Rd Wildomar, CA 92595

    Sponsored
    For Sale
    $1,500,000

    Prime Wildomar acreage, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 157.69-acre parcel, situated just north of Bundy Canyon Road in Wildomar, California (zip code 92595), presents a unique investment opportunity. Accessible via Chico Hills Road utilizing an existing access easement, the property boasts a distinctive "T" shape and is characterized by primarily mountainous terrain. Its location within Riverside County offers potential for various development avenues. Proposed uses include large-lot residential development, catering to the growing demand for rural residential homes in the area. The property's proximity to existing and planned residential subdivisions west of the I-15 freeway further enhances its development potential. Alternative uses such as cell tower placement or conservation efforts are also viable options, given the property's size and topography. The surrounding area is largely comprised of rural residential properties, providing a context for potential development projects. Detailed drone photography is available upon request, showcasing the property's unique features and expansive views. This substantial land holding offers significant upside for discerning investors seeking a large-scale project in a desirable California location. The asking price for this remarkable property is $1,500,000.

    Property Features for 0 157.69 Ac Chico Hl Rd

    General Information

    Property type
    Land
    Lot Size
    6,868,976 SF

    HighLights

    • 157.69‑acre parcel in Wildomar, CA (92595), priced at $1,500,000.
    • Accessible via Chico Hills Road easement; "T"-shaped lot with mountainous terrain.
    • Riverside County location offers potential for large‑lot residential development.
    • Proximity to I‑15 and existing subdivisions enhances development potential; alternative uses include cell tower or conservation.
    • Surrounded by rural residential properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wildomar
    County
    Riverside
    State
    California
    Longitude
    -117.2426605
    Latitude
    33.6352416

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    FAQs

    What type of property is this?
    Land - Prime Wildomar acreage, development potential.
    Where is this land located?
    The property is located at 157.69 Ac Chico Hl Rd Wildomar, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 157.69-acre parcel in Wildomar, CA (92595), priced at $1,500,000.; Accessible via Chico Hills Road easement; "T"-shaped lot with mountainous terrain.; Riverside County location offers potential for large-lot residential development.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    157.69 Ac Chico Hl Rd Wildomar, CA 92595
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