26 Mt. Rudolph Rd Nuevo, CA 92567
This exceptional 19.66-acre parcel, located at 26 Mt. Rudolph Road in Nuevo, California (zip code 92567), presents a unique opportunity for building a custom home. Situated within the Mt. Rudolph Estates subdivision in Southwestern Riverside County, this triangular lot boasts over 680 feet of frontage on Mt. Rudolph Road. The property is part of an 18-lot subdivision with no HOA fees, offering privacy and freedom. The land features picturesque natural terrain, including rock outcroppings, providing ample space for a residence, garages, patios, and even a pool with a potential rock waterfall. Utilities are readily available, with water access to the lot, electricity available, and designated areas for septic tank and propane installation. The location offers convenient access to major roadways, including I-215, Hwy 79, Hwy 74, and the Ramona Expressway, ensuring easy commutes to nearby cities like Menifee, Murrieta, San Jacinto, Hemet, Idyllwild, and Palm Springs. Future development plans in the area include new subdivisions, schools, parks, and commercial projects along the Ramona Expressway, further enhancing the property's value and potential. The nearby Newport Road area offers shopping, restaurants, and services, while Perris Lake provides recreational opportunities such as boating, fishing, and hiking, just a short drive away. Nuevo/Lakeview is a growing rural area with a mix of single-family homes and ranches, and this lot is zoned R-A-10. The property is ideally suited for owner-builders seeking to create their dream home in a serene, yet conveniently located setting. This is a truly remarkable opportunity to own a substantial piece of land with immense potential. The asking price is $549,000.
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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