Residential Land minutes away from Canyon Lake Sold

  • $7,700

Land For Sale minutes to Canyon Lake – Menifee, CA

 

Nestled in a Quail Valley neighborhood in Menifee, CA is this nice piece of land for sale.  Property just minutes to Canyon Lake, with great access to the I-15 & I-215 freeways, tons of shopping and also close to Lake Elsinore.  This area of Riverside County has great sunny weather and is close to many jobs.  You are also close to the award winning Temecula Wineries!  You are not looking at a rural area, this is an established neighborhood in the Inland Empire and many new housing developments have gone in recently in Perris, Menifee, Murrieta and Temecula.

 

See pictures of the land for sale and neighborhood in the street view.  Flat lot ideal for building a nice small home or possibly a tiny home!

 

Investment

 

Cash Price $7,700

 

Title conveyed via CA Grant Deed

No Doc Fee!  We handle and pay to record the deed for you!

To purchase or ask questions contact us at (619) 432-4522

 

This unique land for sale offers a rare combo for both investors and retail buyers.  Our understanding is in 2007 a building moratorium was put in place due to failing septic issues in the area and being so close to Canyon Lake.  The moratorium has lasted longer than expected which has caused prices to drop by ~ 75% on vacant land in this area.

 

An agreement is in the works for this subdivision to receive federal grant money for a new sewer system.  When this agreement is official it stands to reason prices will dramatically increase and continue to do so as the sewer system goes in and building resumes.

 

Here is the public information we found useful: https://www.emwd.org/about-emwd/news-information/reports-plans-and-studies/quail-valley-sewer-improvements-alternative-study

 

To purchase or ask questions contact us at (619) 432-4522

 

 

Lot Details:

Address: Cypress Pl, Canyon Lake, CA 92587, USA

APN: 350-253-011

Legal Description:  Lot 37 Blk 3 Mb 013/013 Lake Elsinore Lodge 3

County: Riverside

Size: 4,792 SqFt | .11 Acre

Zoning: R1 – Residential

Land Use: Residential / Vacant Land

Utilities:  Water and Power at street, sewer pending

Property Taxes: Approx $175 / year

 

Left Coast Land is a division of Property Investment Engineers, Inc.   Principal is a licensed CA Realtor.  All information is to the best of the seller’s knowledge.  Buyer to perform due diligence prior to closing.

 

Price:
$7,700
Address:
Cypress Place
Canyon Lake, CA 92587
Lot Size:
.11
Terms:
For Sale
Property Type:
Land

Call (619) 432-4522 for more details

Property Location