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0 Loretta Road, Menifee, CA 92584

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For Sale

$469,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

Explore this Property

A beautiful 4.95 acres of flat, fully usable land zoned for Residential homes, horses, and agriculture - this property is perfect for a large compound project, Build your own family compound with the main home, ADU, a barn, pool, and workshops. Manufactured homes are allowed. Grow vineyards, groves & orchards. Enjoy the rural lifestyle of open spaces. It is situated at a location with a quiet rural setting, yet, is actually just minutes from the conveniences of town, with schools, restaurants, hospitals, and grocery stores, and just minutes from the 15/215 freeways, 79N/Winchester Road, Temecula Wine Country & Promenade Mall. Close to the Cities of Winchester, Murrieta, and Temecula. 9+ miles to Diamond Valley Lake, Lake Skinner, and Lake Perris. The Grocery Outlet is at Winchester and Thompson. A new development project called French Valley Commons with various retail stores is being built near Leon & Benton Road. The paved road on Leon leads to Loretta Road. You may install a well or connect to the city water on the street. The electrical is available with the power pole on the front of the parcel. Surrounded by rural properties as well as many new homes in a fast-growing area near French Valley. ATTENTION: Builders, Developers & Investors: The property is in the vicinity of the Riverside County Winchester Community Plan. (General Plan Amendment No. 1207). The Amendment will change the General Plan Foundation Component from Rural (R) and Rural Community (RC) to Community Development (CD), and amend the accompanying land use designations from Rural Residential (RR) and Estate Density Residential (EDR) to Density Residential (LDR), Medium Density Residential (MDR), Commercial Retail (CR), Business Park (BP), and light Industrial (LI). Highway 79 Policy is being revised and the Draft EIR for the WCP is complete and in the reviewing process. Seek the opportunity to purchase before the zone changes. (The buyer to advised to perform their own due diligence.) This property is less than an hour from Corona & Riverside, SD & 2 hours from LA, OC, Palm Springs, Lake Arrowhead, and Big Bear.
MLS# SW24160347

Courtesy Of Allison James Homes & Estates

(760) 448-5600

Property Features

  • Architecture Style
    Other
  • View Type
    Hills, Mountain

Map and Directions

Directions to 0 Loretta Road, Menifee, CA 92584

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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