EUCALYPTUS GROVE
Winchester, CA
THE OPPORTUNITY
The subject property is a homebuilder opportunity to acquire a ready-to-record final map for the construction of 166 single family homes in the Winchester area of Riverside County. The Owner seeks to sell the property in its current “as-is” condition. Located at the NW corner of Simpson Rd and Beeler Rd on roughly 40 acres, Final Map #32394R1 mylars have been submitted to County Surveyor and offers minimum 5,000 sf lots (average roughly 6,400 sf). Final engineering has been through plan check with the exception of sewer/water, which is in the design conditions stage.
PROPERTY HIGHLIGHTS
- Critical mass of 166 lots.
- Final Map mylars have been submitted to County Surveyor.
- 5,000 sf lots are optimal size for product flexibility, private outdoor space and relative affordability.
- 40 Acre square shape allows for efficient development.
- Winchester New Home Market is flourishing due in part to depleted lot inventories in Temecula, Murrieta, Menifee, French Valley and coastal counties.
