Add to Favorites Add to Favorites
Share Share
Add to Favorites
For Sale
$3,000,000

0 McElwain Road
Murrieta, CA 92562

Located W/N desirable fast growing path of progress in a developing area.Two separate parcels offered totaling 4.84 Acres currently zoned for up to 48 single family 2 (SFR-2) detached and attached residential units in Central Murrieta's key SFR and multi-family growth area.The area's prime undeveloped and developable property with views over adjacent regional retail center including Super Target, Tractor Supply, Starbucks, BofA, nearby CVS and restaurants. Easy access to I-215 Clinton Keith Exits, Vista Murrieta High School and Linnell 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 1 (MF-1) flats or townhouses permitted uses. 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 Rd in General Plan Circulation Element. Nearly 600 feet of frontage on McElwain Rd, directly across from Target and Tractor Supply. Key ongoing projects and infrastructure improvements make this fast-growing area more desirable including: 1 215 widening, Scott Rd & Keller Road 1-215 Interchanges to accommodate Kaiser Medical Services and Hospital, ext of Clinton Keith east to Winchester (CA 79N) extension of Whitewood from Clinton Keith to Keller Road. Adjacent properties to NO and NE are now zoned Multi-Family 2, 15.01-18 du/ac. Read More

Market Status
Available
Last Updated
April 12, 2021

Property Type
Land
Architecture
Lots/Acreage
Property Type
Lots And Land; Single Family Detached

Local Market Conditions

There are currently 257 properties for sale in the Murrieta, CA area with the average listing price of $880,628. This represents an increase of +0.8% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +0.3% increase. To learn more about the Murrieta, CA area, contact a local expert!

Market Snapshot for Murrieta, CA

Avg. Listing Price

$880,628

Wk ending Apr 17

$+6,871

+0.8%

w-o-w

257

286

50

38

6

6

Average Listing Price for Murrieta, CA
No. BedroomsNo. Beds Week Ending
(Apr 17)
w-o-w Week Ending
(Apr 10)
Week Ending
(Apr 3)
Week Ending
(Mar 27)
All PropertiesAll $880,628 +0.8% $873,757 $886,901 $907,018
1 bedroom1 BR $295,000 +0.0% - - -
2 bedrooms2 BR $404,206 +0.3% $402,827 $416,274 $439,871
3 bedrooms3 BR $645,203 +0.3% $643,538 $623,860 $624,067
4 bedrooms4 BR $818,287 -0.6% $823,067 $885,740 $871,472

Data Provided by Coldwell Banker
More Information for this listing

Home loan
Need a Home Loan?
Take the first step to secure financing for your home.
This $3,000,000 Land at 0 McElwain Road in Murrieta, CA is presented by Nancy Risen and has been on the market for 100 days. This $3,000,000 Land, located in the 92562 zip code, has the following property features: Property Type. This 0 McElwain Road Land, located in Riverside County , is listed under MLS listing number SW21000937 and has a listing price of $3,000,000. You can find more Murrieta homes for sale here.

Request More Information

...