CRESTA VERDE
City of Chino Hills
THE OPPORTUNITY
The subject 34-acre property is an opportunity to entitle a luxury single-family subdivision adjacent to Western Hills Country Club, a private club with a restaurant/grill, pool, and 18-hole championship course. This site is in a highly desirable, supply-constrained submarket served by a prestigious school district that attracts local buyers as well as affluent buyers from Los Angeles and Orange Counties.
Located in a naturally private and peaceful setting, this 34-acre site is currently planned for a 49-lot community. Discussions with the city indicate support for the proposed project and the owners have provided a conceptual layout that illustrates the vision. As planned, the lots provide views of the surrounding hills and natural terrain that will garner valuable lot premiums.
PROPERTY HIGHLIGHTS
- Great location with quick access to Carbon Canyon Rd.
- Rare infill development opportunity in the city of Chino Hills delivered fully entitled.
- No CFD on the property will allow for a competitive advantage due to the lower tax base.
- Highly desirable Chino Valley Unified School District with newer schools located nearby.
- Seller is open to providing a reasonable amount of time to secure approvals.
