0 Via Del Ponte Temecula, CA 92591
This exceptional 64.63-acre property in Temecula, CA, presents a unique investment opportunity in the heart of California's renowned wine country. Currently operating as a thriving 23-acre grapefruit grove featuring three varietals (10 acres Ruby Red, 7 acres Star Ruby, and 6 acres Flame), this land is zoned Wine Country - Winery (WC-W), CZ Number 7929. The permitted uses are extensive and include vineyards, wineries, a bed and breakfast, hotels, resorts, restaurants, and wedding venues, offering significant development potential. The property boasts a 4" water meter serviced by the Rancho California Water District, sewer service from the Eastern Municipal Water District, and utilities provided by Southern California Gas Company and Southern California Edison. Public safety services are provided by Cal Fire and the Riverside County Sheriff's Department. The property's APN is 942-210-015: 942-210-016: 942-210-017, and an expired tentative map exists for 13 estate lots with 3 production lots. Located on Via Del Ponte in Temecula (zip code 92591), this land offers a compelling blend of established agricultural income and significant future development possibilities. The asking price is $8,500,000, translating to $140,000 per acre. This represents a rare chance to acquire a substantial parcel in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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