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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 a 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 a 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 15, 2021

Property Type
Land
Architecture
Lots/Acreage
MLS Area
Srcar - Southwest Riverside County
View
Panoramic Views
Lot Size
Corner Lot

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

292

60

38

8

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 California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (CRMLS) and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Information deemed reliable but not guaranteed.

Copyright© 2021, California Regional Multiple Listing Service, Inc. All rights reserved.

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This $3,000,000 Land at 0 McElwain Road in Murrieta, CA is offered by Nancy Risen and has been on the market for 102 days. This $3,000,000 Land, located in the 92562 zip code, has the following property features: View, Lot Size, MLS Area. 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.

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