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Property profile & analytics
OFF-MARKET
Land

23705 Sky Mesa Rd Homeland, CA 92548

5.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.02-acre lot is situated in the prestigious, gated community of "The Ranch at Sky Mesa," high in the hills above the Menifee Valley. Lot 18, Tract 1, boasts 460 feet of frontage and is conveniently pad-plotted on the site map with marked corners. Enjoy the convenience of district water and utilities readily available in the paved street. The property includes a designated area for propane and septic tank installation. Situated at an elevation of approximately 2500 feet, this lot offers a naturally beautiful terrain. The community features high-tech security recording systems at both the front and back gates, ensuring peace of mind with a buzz-in guest system. The HOA allows up to four horses. Architectural guidelines require a minimum of 2800 square feet with a 3-car garage or larger. This exclusive community comprises 77 parcels, all 5+ acres, with no mobile homes permitted. While private, it offers convenient access to services and major commuting routes, including the Ramona Expressway, Highways 74 and the realigned 79, I-215, I-15, and the 60 and 10 freeways. This lot is one of thirteen also available as a package deal, presenting a unique opportunity for builders, developers, or investors seeking a build-or-hold strategy. Owner financing may be available. This is a truly remarkable opportunity to own a piece of this secure and desirable community.

Property profile
Verified
Property type Land
Lot 5.02 ac (218,671 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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