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Property profile & analytics
OFF-MARKET
Land

0 Sky Mesa Rd Homeland, CA 92548

55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 55-acre builder package presents a rare opportunity to develop eight premium residential lots within the prestigious, gated community of The Ranch at Sky Mesa. Located in Homeland, California (zip code 92548), this property boasts breathtaking views of the Menifee and Nuevo Valleys from its 2,500+ foot elevation. The eight lots, ranging in size from five acres or more, are situated on private, paved streets with underground utilities already installed. Permitted zoning is RA-5. Several lots include completed perk tests, fire hydrant letters, sub-soil identification data, and Hans approvals. Site maps with plotted pads and confirmed lot corners are available. The community features a common area with a horse arena, high-tech security cameras at both gates, and allows for up to four horses per property. Minimum home size requirements (2,800 sq ft) and restrictions against manufactured homes ensure the preservation of property values. Convenient access to I-215, Hwy 74, realigned Hwy 79, and the Ramona Expressway provides easy access to amenities and major transportation routes. The property is served by EMWD district water and SCE electricity. The surrounding area is experiencing significant growth, with planned commercial and residential developments adding to the long-term value of this exceptional investment. The asking price is $1,200,000. APN: 429-340-001 ETAL. Owner financing may be available.

Property profile
Verified
Property type Land
Lot 55 ac (2,395,800 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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