0 Mcelwain Road
Murrieta, CA 92562

Description

Located within desirable fast growing path of progress in a developing area. There are two separate parcels being offered totaling 4.84 Acres currently zoned for up to 48 single family residential (SFR) units in Central Murrieta's key SFR and multi-family growth area. The area's prime undeveloped and developable property with spectacular views over adjacent regional retail center including Super Target, Tractor Supply, Starbucks, BofA, nearby CVS and restaurants. Easy access to the I-215 Clinton Keith Exits, Vista Murrieta High School and Linnel Overpass to Loma Linda Hospital. SF-2 Zone currently allows 5.1 to 10.0 units/ac. Lot sizes 5,000+sf. or clustered with open space. Multi-family, condo Assisted Living/skilled Nursing and other Child/Adult Care Facilities allowed with Conditional Use Permits, APN 392-260-009 is 2.45 acres and APN 392-260-010 is 2.39 acres. McElwain is designated as MAJOR Roadway connecting to Keller Road in General Plan Circulation Element. The land is well sited with nearly 600 feet of street frontage on McElwain Road, directly across from Super Target and Tractor Supply. Key ongoing projects and infrastructure improvements make this fast-growing area more desirable including: I-215 widening, Scott Road & Keller Road I-215 Interchanges to accommodate Kaiser Medical Services and Hospital, extension of Clinton Keith east to Winchester (CA 79N) extension of Whitewood from Clinton Keith to Keller Road.

Details

MLS#SW17257143
Sub-TypeResale
StatusActive
Days On Site44

Features

ZoningSF-2
Acreage4.84
Property ViewYes

Market Activity 92562

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Area Information

StateCA
CountyRiverside
CityMurrieta
Zip Code92562
Area207 - Murrieta-Central
Listing VS Median (in 92562)
Price:
$3,000,000
low | high
Med:
$409,000
100% of Average
On Site:
44
low | high
Med:
44
100% of Average
Listing Updated: 02/17/2019
MLS Number: SW17257143
Listing Provided By:
Nancy Risen  of  Coldwell Banker Res-Murrieta
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