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Listing ID: SW22008060
Sold For: $2,825,000
Price/SqFt: $51,363.64
Status: SOLD
Sold Date: 9/16/2022
Address: 55 Bella Vista Road
City: Temecula
State: California
Postal Code: 92592
SqFt: 2,395,800
Acres: 55
County: Riverside
Temecula
CA
92592
4 LEGAL PARCELS on over 54 net acres or 55 gross acres of "income producing" VINEYARD AND CITRUS almost fully planted property. Zoned A-1 but lies within the "WINERY DISTRCT" and being 75% planted already qualifies for many uses from a Class 1 to Class 6 Winery OR choose to utilize "Cluster Housing" or "Cottage Inn provisions within the "Winery District" Zoning. Since the property is surrounded by 2.5 Acre ranch density, it would be wise to take advantage of the "WINERY DISTRICT" special zoning for CLUSTR HOUSING" OR "COTTAGE INN" uses, which would be ideal for a developer that wants to create a group of income properties (Casitas' or Tiny House scenario) within the HOT Vaction Rental market Temecula Vally Winery area has to offer. The "Cluster Housing" and or "Cottage Inn" provisions allows for developer to retain the planted property (enjoy that income too) and build the cluster of casitas' inside the various areas with fantastic TUSCANY TYPE" views and live among the local wineries. There are 4 legal parcels making up the 55 gross acres. Advise potential buyers to verify with Riverside County re: Ordinance 348 for Wine Country to verify the "WINERY DISTRICT" Zoning uses. NO HOA area could make it real easy for a "tiny house" cluster casita development. There are 6 diferent varietals of grapes: 16 Acres of Cabernet Savignon, 3 Acres Tempranillo, 4 Acres of Syrah, 4 acres of Rozmaring and small amounts of sangiovese and soirre. Two varietals of Grapefruit (Star Ruby & Ruby Red). The annual harvest of the mature vineyard grapes on the property usually yield around 25-35 ton4 LEGAL PARCELS on over 54 net acres or 55 gross acres of "income producing" VINEYARD AND CITRUS almost fully planted property. Zoned A-1 but lies within the "WINERY DISTRCT" and being 75% planted already qualifies for many uses from a Class 1 to Class 6 Winery OR choose to utilize "Cluster Housing" or "Cottage Inn provisions within the "Winery District" Zoning. Since the property is surrounded by 2.5 Acre ranch density, it would be wise to take advantage of the "WINERY DISTRICT" special zoning for CLUSTR HOUSING" OR "COTTAGE INN" uses, which would be ideal for a developer that wants to create a group of income properties (Casitas' or Tiny House scenario) within the HOT Vaction Rental market Temecula Vally Winery area has to offer. The "Cluster Housing" and or "Cottage Inn" provisions allows for developer to retain the planted property (enjoy that income too) and build the cluster of casitas' inside the various areas with fantastic TUSCANY TYPE" views and live among the local wineries. There are 4 legal parcels making up the 55 gross acres. Advise potential buyers to verify with Riverside County re: Ordinance 348 for Wine Country to verify the "WINERY DISTRICT" Zoning uses. NO HOA area could make it real easy for a "tiny house" cluster casita development. There are 6 diferent varietals of grapes: 16 Acres of Cabernet Savignon, 3 Acres Tempranillo, 4 Acres of Syrah, 4 acres of Rozmaring and small amounts of sangiovese and soirre. Two varietals of Grapefruit (Star Ruby & Ruby Red). The annual harvest of the mature vineyard grapes on the property usually yield around 25-35 tons. (Depending upon the growing season conditions) The Grapefruit market varies in 2019 and 2018 the gross income was $30,182 and $53,775 respectively. Harvesting the 2020 and 2021 grapefruit crops were difficult due to covid (availability of pickers). Come see this unique ( 4 PARCEL) Temecula Vally Wine Country 55 "gross" Acre Vineyard/Citrus parcel has to offer! There are two 2" water meters on the property.. ALL APN #s are 924-300-005,006,007 & 008

Primary Features

County: Riverside
Price Before Reduction: 3600000
Price Reduction Date: 2022-08-02T21:11:53+00:00
Price/SqFt: 51363.64
Property Type: Lots and Land

External

Lot Size: 20+ AC
Neighborhood: Winery District
Utilities Available: Electric, Propane, Other/Remarks

Location

Zip/Area: RIV CTY-TEMECULA (92592)

Additional

Class: LOT/LAND
Supplement: 4 LEGAL PARCELS on over 54 net acres or 55 gross acres of "income producing" VINEYARD AND CITRUS almost fully planted property. Zoned A-1 but lies within the "WINERY DISTRCT" and being 75% planted already qualifies for many uses from a Class 1 to Class 6 Winery OR choose to utilize "Cluster Housing" or "Cottage Inn provisions within the "Winery District" Zoning. Since the property is surrounded by 2.5 Acre ranch density, it would be wise to take advantage of the "WINERY DISTRICT" special zoning for CLUSTR HOUSING" OR "COTTAGE INN" uses, which would be ideal for a developer that wants to create a group of income properties (Casitas' or Tiny House scenario) within the HOT Vaction Rental market Temecula Vally Winery area has to offer. The "Cluster Housing" and or "Cottage Inn" provisions allows for developer to retain the planted property (enjoy that income too) and build the cluster of casitas' inside the various areas with fantastic TUSCANY TYPE" views and live among the local wineries. There are 4 legal parcels making up the 55 gross acres. Advise potential buyers to verify with Riverside County re: Ordinance 348 for Wine Country to verify the "WINERY DISTRICT" Zoning uses. NO HOA area could make it real easy for a "tiny house" cluster casita development. There are 6 diferent varietals of grapes: 16 Acres of Cabernet Savignon, 3 Acres Tempranillo, 4 Acres of Syrah, 4 acres of Rozmaring and small amounts of sangiovese and soirre. Two varietals of Grapefruit (Star Ruby & Ruby Red). The annual harvest of the mature vineyard grapes on the property usually yield around 25-35 tons. (Depending upon the growing season conditions) The Grapefruit market varies in 2019 and 2018 the gross income was $30,182 and $53,775 respectively. Harvesting the 2020 and 2021 grapefruit crops were difficult due to covid (availability of pickers). Come see this unique ( 4 PARCEL) Temecula Vally Wine Country 55 "gross" Acre Vineyard/Citrus parcel has to offer! There are two 2" water meters on the property.. ALL APN #s are 924-300-005,006,007 & 008

Financial

CFD/Mello-Roos Fee Reflct: Year
Sale/Rent: For Sale
Terms: Cash

Zoning Info


Area Info


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Listing courtesy of Fairway and Ranch Realty

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