StatusAccepting Backup Offers (Active Under Contract)
About 1 Palomar St
This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development. 368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres. Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR
Property Details
Property Features
Listing Office:
Office Name: Realty ONE Group Southwest
Office Phone: (951) 813-9009
Listing Agent: Corinne Berge
Exterior Features
Exterior Information:
View: Hills, Neighborhood
Lot Features
Lot Information:
Lot: Gentle Sloping
Lot Size: 10.49 Acres
School Info
Assigned Schools Information:
Elsinore High School, Public District Grades 9-12
David A. Brown Middle School, Public District Grades 6-8
William Collier Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Palomar St just West of Wesley.
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
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Housing Market Comparison
See how this home compares to others in Wildomar, CA.
This property is $1.8M more than the Median Sold Price in Wildomar, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SW23108050
Listing Office:
Office Name: Realty ONE Group Southwest
Office Phone: (951) 813-9009
Listing Agent: Corinne Berge
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
William Collier Elementary School
20150 Mayhall Dr
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Middle School
4
/10
David A. Brown Middle School
21861 Grand Ave
Distance between this listing and this school2.35 miles
Public District Grades 6-8
High School
5
/10
Elsinore High School
21800 Canyon Dr
Distance between this listing and this school1.24 miles
Public District Grades 9-12
Assigned Schools
5
/10
William Collier Elementary School
20150 Mayhall Dr
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Nearby Schools
4
/10
Wildomar Elementary School
21575 Palomar St
Distance between this listing and this school2.01 miles
Public District Grades KG-5
6
/10
Donald Graham Elementary School
35450 Fredrick St
Distance between this listing and this school2.72 miles
Public District Grades KG-5
Assigned Schools
4
/10
David A. Brown Middle School
21861 Grand Ave
Distance between this listing and this school2.35 miles
Public District Grades 6-8
Nearby Schools
3
/10
Lakeland Village
18730 Grand Ave
Distance between this listing and this school1.48 miles
Public District Grades KG-8
6
/10
Canyon Lake Middle School
33005 Canyon Hills Rd
Distance between this listing and this school3.79 miles
Public District Grades 6-8
Assigned Schools
5
/10
Elsinore High School
21800 Canyon Dr
Distance between this listing and this school1.24 miles
Public District Grades 9-12
Nearby Schools
8
/10
Murrieta Valley High School
42200 Nighthawk Way
Distance between this listing and this school5.63 miles
Public District Grades 9-12
4
/10
Lakeside High School
32593 Riverside Dr
Distance between this listing and this school5.75 miles
The neighbors living near this home have an average income of $62,801. The most common annual income of people living in Wildomar, CA is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1 Palomar St
What is the listing price of this property?
The listing price of 1 Palomar St property is $2,500,000.
What type of property is this?
The property 1 Palomar St is land located in Wildomar, California, 92595.
Is this property for sale now?
Accepting Backup Offers: 1 Palomar St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 1 Palomar St are: William Collier Elementary School: GreatSchools Rating 5/10David A. Brown Middle School: GreatSchools Rating 4/10Elsinore High School: GreatSchools Rating 5/10
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This home is located at 1 Palomar St in Wildomar, CA and zip code 92595 in the East Lake District neighborhood. This home sits on a 10.49 acre lot. It has been listed on Rocket Homes since June 21, 2023 and is currently priced at $2,500,000.
Over 20 listings were sold over their listed price in April 2024 in Wildomar, CA. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Wildomar, CA decreased by 8% between March 2024 and April 2024. While the average time on the market in April 2024 was 28 days, the median list price was $630,000.
From Rocket Homes Real Estate and based on county public records data.