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8792 Pigeon Pass Road

Moreno Valley, CA 92557
  • $888,000
  • STATUS: Active
  • ON SITE: 224 Days
  • ID#: IV21089587
$888,000
  • 0
    BEDS
  • 15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent: Pat O'brien of Developer Sales Associates


Description

MUST SELL ... MAKE OFFER !!! This property sold for $900,000 on 12/22/05. The existing partnership has recently dissolved and remaining owners are "very motivated" to sell now at $888,000 (now they may finance "no qualifying" with a large down payment). Also you may get a price discount for an "all cash sale" with a short escrow. This is the best parcel and lowest price per acre in "Spring Hills". You are buying 2 separate building parcels. On each parcel "as is" you can build up to 3 houses. Any size main estate, a quest house up to 1200 square feet and even a separate "casita" up to 600 square feet. These 2 building parcels are a total of 15 acres. They are the only nearly flat large parcels among the hills of the beautiful rural community of "Spring Hills". You already have separate EMWD water lines on each parcel. These 2 parcels are ready to build with the EMWD district water along the entire the south property line along Pigeon Pass Road. It also has the district water along the entire north property line (see on site fire hydrants). It also has an old water well. The Edison Power box is on site (see picture) with an existing temporary power pole next to an old water well (see pole picture and white capped water well)...This area is called "Spring Hills" which is a high end community in the County on the north side of Moreno Valley. The hills of this peaceful area is where wild burros still roam freely (see picture). It is among large high end privately gated ranch estates (see gated entrance pictures). But this small community is just over 3 miles to the 60 Freeway and all City services. Just up Pigeon Pass Road are the hills of the massive "Box Springs Regional Park". This huge "public park" offers miles of scenic trails for horseback riding, hiking and mountain biking overlooking the cities of Moreno Valley and Riverside below... The current Riverside County zoning permits dividing this 15 acres into 6 ranch building sites of 2.5 acres each (making acquisition cost at just $148,000 per 2.5 acre lot). You can build your first estate "as is" on one parcel and complete dividing the 15 acres into six 2.5 acre ranch sites later. Then you can build and sell additional homes or sell lots... This is the best time to buy this bargain parcel during the "Covid 19" period. With the current housing shortage, the prices of large estate parcels should explode when the pandemic passes. Must see the land to appreciate the development potential.... BUY IT NOW !!!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-09T00:26:49.073. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/116546895
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8792 Pigeon Pass Road Moreno Valley, CA 92557

  • Price: $888,000
  • Status: Active
  • On Site: 224 Days
  • ID#: IV21089587
0
Beds
0
Baths
0
½ Baths
15
Acres
Neighborhood:
259 - Moreno Valley
County:
Riverside
Area:
259 - Moreno Valley
Property Description
MUST SELL ... MAKE OFFER !!! This property sold for $900,000 on 12/22/05. The existing partnership has recently dissolved and remaining owners are "very motivated" to sell now at $888,000 (now they may finance "no qualifying" with a large down payment). Also you may get a price discount for an "all cash sale" with a short escrow. This is the best parcel and lowest price per acre in "Spring Hills". You are buying 2 separate building parcels. On each parcel "as is" you can build up to 3 houses. Any size main estate, a quest house up to 1200 square feet and even a separate "casita" up to 600 square feet. These 2 building parcels are a total of 15 acres. They are the only nearly flat large parcels among the hills of the beautiful rural community of "Spring Hills". You already have separate EMWD water lines on each parcel. These 2 parcels are ready to build with the EMWD district water along the entire the south property line along Pigeon Pass Road. It also has the district water along the entire north property line (see on site fire hydrants). It also has an old water well. The Edison Power box is on site (see picture) with an existing temporary power pole next to an old water well (see pole picture and white capped water well)...This area is called "Spring Hills" which is a high end community in the County on the north side of Moreno Valley. The hills of this peaceful area is where wild burros still roam freely (see picture). It is among large high end privately gated ranch estates (see gated entrance pictures). But this small community is just over 3 miles to the 60 Freeway and all City services. Just up Pigeon Pass Road are the hills of the massive "Box Springs Regional Park". This huge "public park" offers miles of scenic trails for horseback riding, hiking and mountain biking overlooking the cities of Moreno Valley and Riverside below... The current Riverside County zoning permits dividing this 15 acres into 6 ranch building sites of 2.5 acres each (making acquisition cost at just $148,000 per 2.5 acre lot). You can build your first estate "as is" on one parcel and complete dividing the 15 acres into six 2.5 acre ranch sites later. Then you can build and sell additional homes or sell lots... This is the best time to buy this bargain parcel during the "Covid 19" period. With the current housing shortage, the prices of large estate parcels should explode when the pandemic passes. Must see the land to appreciate the development potential.... BUY IT NOW !!!!
Exterior Features

Fencing Chain LinkFair Condition Horse Amenities Riding Trail Horse YN Yes Lot Features AgriculturalHorse PropertyLevelRectangular LotValue In Land Road Frontage Type County Road Road Surface Type Paved View Hills View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features FoothillsHorse TrailsNear National ForestPreserve/Public LandRural Disclosures Easement(S)Water Rights Electric Electricity - On Property Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashOwner May Carry New Construction YN No Senior Community YN No Sewer None Special Listing Conditions Standard Utilities Electricity AvailablePhone AvailableSewer Not Available Water Source Public Zoning R-A-2 1/4



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-09T00:26:49.073. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365414584-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365414584-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365414584-2.jpg
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505
Listing Agent: Pat O'brien of Developer Sales Associates