Property profile

16523 Clive Way Perris, CA 92570

FOR SALE
Land
Property ID
US09-4284211
8.39 ac lot
Individually Owned 9-yr Hold
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Property summary

AI-generated overview

Exceptional 8.39-acre property in Perris, CA (92570), presents a unique opportunity to build your dream home or family compound. This land boasts stunning 180-degree views of Lake Mathews and the surrounding mountains, offering breathtaking sunsets and city lights at night. The property features three rough-graded pads, ready for construction, a completed driveway with compaction, and a 1-inch water meter already installed. Previous approved plans (expired) for a 2700 sq ft custom home existed. The lot is zoned R-A-5, allowing for various development options, including the possibility of multiple residences with accessory dwelling units (ADUs). The corners are staked and easily visible from the main pad. Enjoy the mature trees, lounging area, picnic tables, swings, and a recently built wooden bridge. This property offers ample space for recreational vehicles, boats, and other toys. The seller may carry financing. APN: 287100016. Located at 16523 Clive Way, Perris, CA. A video is available for viewing. This is a truly remarkable opportunity to create your ideal lifestyle in a picturesque setting. Little to no grading is needed.

Property profile

Verified
Property type Land
Lot 8.39 ac (365,468 SF)
UPID US09-4284211

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16523 Clive Way Perris, CA 92570
Perris metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2016
1 recorded transaction
2016
$110,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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