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Listed by Stephanie Galvez • Allison James Estates & Homes
$1,800,000
Est. payment /mo
1,231,005 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,231,005 sqft
Price per Sqft $1
MLS Listing ID CRSW25142695
HOA Y/N No
Lot Size 28.260 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
The Bundy Canyon Resort Apartments is a fully entitled 145-unit multi-family development within the tranquil yet rural setting of the City of Wildomar, in the heart of Temecula Valley. The property is located on Bundy Canyon Road less than a mile from the 15-freeway and 5 miles from 215-freeway making it an ideal location for future residents who work out of town and need easy access to major transportation corridors. The current owner will entertain a straight sale or a joint venture, and is open to amending the entitled site plan, subject to final approval by the City of Wildomar, if a future developer believes there is product mix, density and configuration that will better satisfy market demand. Entitlement Status: Entitled site plan approved by the City of Wildomar 145 units. Entitlement is valid through October 2027 with extensions available. No environmental permits are required. Buyer to complete final engineering and construction documents. Affordable units: None required.
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
View Mountain(s)
Building
Water None
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