Description
Located within the "Temecula Winery District" this 20.05 gross acres consists of 2 LEGAL TEN ACRE PARCELS (10.02 & 10.03 gross acres respectively). The producing mature grapefruit grove is watered by a HIGH PRODUCING POTABLE WATER WELL (estimated over 80 GPM). This ACTIVE well and WATER RIGHTS are a gold mine and provide many opportunities in this growing area. The property is presently zoned A1-10 but is eligible to be zoned up into Winery district which allows for many different winery related activities such as a full on winery, wedding venues +. Buyer advised to contact Riverside County Planning department for details. Only (approx 2093 ft) feet south of the highly traveled HWY 79 South (known as the back corridor into Palm Desert) The 20 Acre grove begins at the corner of Los Caballos and Monte Verde, with fully paved access to the site. The property gently elevates and provides panoramic views on several elevated sites. Great parcels to invest into as one can enjoy the agricultural benefits of farming while pioneering into the fast growing Southern California "Winery District". See Riverside County Ordinance 348, to understand future wine country growth. Or simply take advantage of 2 side by side TEN ACRE parcels and build mini custom vineyard estates and discover the VRBO business. Seller will consider Seller financing with around 30% Down, 5% Interest all due in 3-5 years. Submit subject to credit worthiness. Great opportunity.
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0BEDS
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20.05ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located within the "Temecula Winery District" this 20.05 gross acres consists of 2 LEGAL TEN ACRE PARCELS (10.02 & 10.03 gross acres respectively). The producing mature grapefruit grove is watered by a HIGH PRODUCING POTABLE WATER WELL (estimated over 80 GPM). This ACTIVE well and WATER RIGHTS are a gold mine and provide many opportunities in this growing area. The property is presently zoned A1-10 but is eligible to be zoned up into Winery district which allows for many different winery related activities such as a full on winery, wedding venues +. Buyer advised to contact Riverside County Planning department for details. Only (approx 2093 ft) feet south of the highly traveled HWY 79 South (known as the back corridor into Palm Desert) The 20 Acre grove begins at the corner of Los Caballos and Monte Verde, with fully paved access to the site. The property gently elevates and provides panoramic views on several elevated sites. Great parcels to invest into as one can enjoy the agricultural benefits of farming while pioneering into the fast growing Southern California "Winery District". See Riverside County Ordinance 348, to understand future wine country growth. Or simply take advantage of 2 side by side TEN ACRE parcels and build mini custom vineyard estates and discover the VRBO business. Seller will consider Seller financing with around 30% Down, 5% Interest all due in 3-5 years. Submit subject to credit worthiness. Great opportunity.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-10T13:27:30.093. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.