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    86886 Newton Way Thermal, CA 92274

    Sponsored
    For Sale
    $2,150,000

    Prime .33-acre residential lot with plans

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .33-acre residential lot, located at 86886 Newton Way in Thermal, California (APN 759-220-023), presents a unique opportunity. Situated on a highly desirable corner lot within the prestigious Thermal Club, this property boasts stunning views of all three racetracks. Lot 59 offers a premium location, maximizing the potential for a dream home. Pre-approved building plans, dated June 17, 2026, are included, streamlining the construction process. The design thoughtfully incorporates the lot's unique features and breathtaking views. Note that purchasing a property within The Thermal Club necessitates the acquisition of a separate club membership. This is a rare chance to own a piece of this exclusive community in Riverside County, zip code 92274. The asking price for this remarkable property is $2,150,000.

    Property Features for 86886 Newton Way

    General Information

    Property type
    Land
    Lot Size
    14,375 SF

    HighLights

    • $2,150,000 asking price for a 0.33‑acre residential land parcel.
    • Located at 86886 Newton Way, Thermal, CA 92274 (APN 759‑220‑023).
    • Prime corner lot at The Thermal Club with views of all three racetracks.
    • Includes approved building plans for a new home.
    • The Thermal Club membership is required for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.14672962545
    Latitude
    33.598578876685

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    FAQs

    What type of property is this?
    Land - Prime .33-acre residential lot with plans
    Where is this land located?
    The property is located at 86886 Newton Way Thermal, CA.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: $2,150,000 asking price for a 0.33-acre residential land parcel.; Located at 86886 Newton Way, Thermal, CA 92274 (APN 759-220-023).; Prime corner lot at The Thermal Club with views of all three racetracks.
    (760) 360-8200
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    Thermal, CA 92274
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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
    86886 Newton Way Thermal, CA 92274
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