39767 Esplendida WAY, Temecula, CA 92592
39767 Esplendida WAY, Temecula, CA 92592
39767 Esplendida WAY, Temecula, CA 92592
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$878,000
Est. payment /mo
20.74 Acres Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Rancho Glenoaks

MLS Listing ID SW26084085

HOA Fees $238/mo

HOA Y/N Yes

Lot Size 20.740 Acres

Property Description

SKY RANCH at Esplendida: Your Incredible Property sits at the top of the highest Hill with a massive Main Pad that it's akin to an Elevated Stage in a giant Stadium that is the Temecula Valley. The panoramic, breathtaking views are like an AI-generated Postcard: from Snow-capped, majestic Mountains in the east to the Sunset-crowned Santa Rosa Plateau in the west, with Green Meadows, Lake Skinner, abundant Orchards, Million Dollar Mansions, early morning Hot Air Balloons, large Horse Corrals, sun-drenched Vineyards, and twinkling City Lights in between.

With all ~21 acres now designated as “least sensitive”, this property is in the process of being divided into 4 separate 5-acre parcels, with each of the 3 additional projected pads having Top of The Hill Views and ranging between 15,000-22,000 sqf of flat/usable/buildable surface. 5 acres is the minimum size, and most recent sales with similar views have been at 449k and 530k.

This amazing Property offers various lucrative opportunities: (1) Build your custom home, guest houses/ADUs, workshop/barn, and grow a Vineyard or Orchard on the remaining land; (2) Complete the Split and sell off 3 lots, with proceeds covering the cost of the parcel you keep, and funding part your construction; (3) Take it a big step further and build Spec Homes on each lot, with the potential of 6-7-figure profits per lot.

HOA dues are just under $200/per acre/per year. HOA is actively exploring PAVING OF THE ROADS, expected to happen in the next 1-2 years, and thus increasing the value and desirability of the properties even more. Even if you do nothing but holding, the value of your property will grow given the scarcity and future road improvement.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-R

Interior

Fireplace No

Exterior

Community Features Foothills, Horse Trails, Mountainous, Rural

Utilities Available See Remarks, Water Available

View Y/N Yes

View City Lights, Hills, Lake, Meadow, Mountain(s), Neighborhood, Orchard, Panoramic, Valley, Vineyard, Trees/Woods

Building

Lot Description Corners Marked, Value In Land

Water Public, Other, See Remarks

New Construction No

Others

HOA Name Rancho Glenoaks

Senior Community No

Tax ID 915560007

Acceptable Financing Cash, Conventional, Owner May Carry, Submit, USDA Loan

Listing Terms Cash, Conventional, Owner May Carry, Submit, USDA Loan

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Valentina Neufeld BOLD Realty Group 213-400-2414, DRE #01955772

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Lucio Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

39767 Esplendida WAY

Quick Search - VC
More
Quick Search - OC
More