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Key Details
Sold Price $385,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW22006689
Sold Date 05/02/22
Condo Fees $106
HOA Fees $8/ann
HOA Y/N Yes
Lot Size 10.250 Acres
Property Description
Amazing estate and professionally managed avocado grove with stunning views and southern exposure, among multi-million dollar estates. The trees are 6 to 7 years old and current tree count is approximately 1,200, with plenty of room to expand the grove. The grove manager states this grove has the potential to produce over 100,000 pounds of avocados per year. This 10+ acre parcel has easy, direct access from the paved street, a roughed in pad for an estate building site, with water meter, electricity, telephone and cable at the street. This is one of the most beautiful regions within De Luz with great soaring views, coastal breezes and proximity to the Santa Rosa Plateau Ecological Reserve. Elevation of the property ranges from 1400 feet at the top (building site) down to 1100 feet at the southern boundary meaning no risk of frost for the income producing avocado grove. Santa Margarita Properties Owners Association and annual dues are only $106 annually. De Luz is home to Cross Creek Golf Club, vineyards, and countless avocado and citrus groves; De Luz is only 5 minutes from Interstate 15 and Old Town Temecula. Production records available upon request. A MUST SEE!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning A-1-10
Interior
Fireplace No
Exterior
Community Features Curbs, Golf, Hiking, Horse Trails, Rural, Storm Drain(s), Valley
Utilities Available Cable Available, Electricity Available, Phone Available, Water Connected, Sewer Not Available
View Y/N Yes
View City Lights, Canyon, Hills, Orchard, Panoramic, Valley, Trees/Woods
Building
Lot Description 6-10 Units/Acre, Agricultural, Corners Marked, Drip Irrigation/Bubblers, Rolling Slope, Secluded, Street Level
Sewer None
Water Public
New Construction No
Others
HOA Name Santa Margarita POA
Senior Community No
Tax ID 933160030
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Government Loan, Owner May Carry, Submit, USDA Loan, VA Loan
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Government Loan, Owner May Carry, Submit, USDA Loan, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Darren Ham • Signature Real Estate Group
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605