Temecula, CA 92590,0 Los Gatos RD

$385,000

$395,000

2.5%
Est.Price: ?

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Est. payment /mo

10.25 Acres Lot


SOLD DATE : 05/02/2022

Key Details

Sold Price $385,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Santa Margarita Poa

MLS Listing ID SW22006689

Sold Date 05/02/22

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

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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CRMLS – RECore
Listed by William Tyler Century 21 Full Realty Svc.
Bought with Darren Ham Signature Real Estate Group

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Valerie Castle
Valerie Castle

Managing Broker, JD | Lic# DRE# 01065018/02178736

+1(805) 749-3777

4744 Telephone Rd. # 3-227, Ventura, CA, 93003

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