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0 Bundy Canyon Road

Menifee, CA 92584
  • $358,000
  • STATUS: ACTIVE
  • ON SITE: 11 Days
  • ID#: IV21223108
Price Reduced
UPDATED: 46 min ago
$358,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

WOW PRICE REDUCED $42,000 FOR QUICK SALE!!! Now these are very motivated sellers of this nearly level "5 acre" parcel on the corner of Bundy Canyon Road and Sunset Avenue. These owners are in the process of dividing the 5 acres into 4 building sites of over 1 acre each. But now they need to sell ASAP "as is" so they reduced the $400,000 price to just $358,000 ($71,000 per acre). A nearby Bundy parcel SOLD at $131,000 per acre. When the 5 acres is split into 4 lots, the price will be increased to $600,000 or $150,000 for each 1+ acre building site. You may get a major price discount for an "all cash sale" with a short escrow. Or sellers may carry the land loan "no qualifying" with a large down payment.... Edison power is on site with a district water line all along Sunset Avenue. You can also have a water well for an unlimited of "free water" like the neighbors have. New home construction now requires the installatioin of a "solar power" system. An attractive option is to add the "solar power battery" and a "water well" for each estate. These will be attractive homes totally "off the grid". These homes will remain up and running when utilities are hacked or disabled.... If you buy "as is" at the discount, you can immediately start to build your "green estate" on the "proposed lot" nearest Sunset. Then you still have the option to take over the completion of the "4 lot tract map". You can chose to sell the 3 remaining lots or build three more homes (or manufactured homes). On each new lot you can build up to 3 dwellings. You can build any size "main house", up to a 1200 squar WOW PRICE REDUCED $42,000 FOR QUICK SALE!!! Now these are very motivated sellers of this nearly level "5 acre" parcel on the corner of Bundy Canyon Road and Sunset Avenue. These owners are in the process of dividing the 5 acres into 4 building sites of over 1 acre each. But now they need to sell ASAP "as is" so they reduced the $400,000 price to just $358,000 ($71,000 per acre). A nearby Bundy parcel SOLD at $131,000 per acre. When the 5 acres is split into 4 lots, the price will be increased to $600,000 or $150,000 for each 1+ acre building site. You may get a major price discount for an "all cash sale" with a short escrow. Or sellers may carry the land loan "no qualifying" with a large down payment.... Edison power is on site with a district water line all along Sunset Avenue. You can also have a water well for an unlimited of "free water" like the neighbors have. New home construction now requires the installatioin of a "solar power" system. An attractive option is to add the "solar power battery" and a "water well" for each estate. These will be attractive homes totally "off the grid". These homes will remain up and running when utilities are hacked or disabled.... If you buy "as is" at the discount, you can immediately start to build your "green estate" on the "proposed lot" nearest Sunset. Then you still have the option to take over the completion of the "4 lot tract map". You can chose to sell the 3 remaining lots or build three more homes (or manufactured homes). On each new lot you can build up to 3 dwellings. You can build any size "main house", up to a 1200 square foot "guest house" and up to a 600 square foot "casita"....... This is the great set up for a builder to earn substantial "tax free profits" from building these desirable "Green Estates". An attractive option is to "live in" the 1st estate while you compete the map process for 3 more building sites. When the map is completed you can start construction of the 2nd estate next door. If you sell the 1st estate after 24 month's occupancy, up to the 1st $500,000 of "profit" per couple is "income tax free" ($250,000 for a single owner). Then move into the now completed 2nd estate next door for at least 24 months for more tax free profits upon a sale. If you don't mind moving every two years or so, you can make huge huge "tax free profits" from the sale of each estate every two years.... WOW !!! Bundy Canyon Road is supposed to be widened to 4 lanes for added sales exposure..... MAKE OFFER!!

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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0 Bundy Canyon Road Menifee, CA 92584

  • Price: $358,000
  • Status: ACTIVE
  • Updated: 46 min ago
  • ID#: IV21223108
0
Beds
0
Baths
0
½ Baths
5
Acres
Neighborhood:
Riv Cty-Menifee (92584)
County:
Riverside
Area:
Riv Cty-Menifee (92584)
Property Description
WOW PRICE REDUCED $42,000 FOR QUICK SALE!!! Now these are very motivated sellers of this nearly level "5 acre" parcel on the corner of Bundy Canyon Road and Sunset Avenue. These owners are in the process of dividing the 5 acres into 4 building sites of over 1 acre each. But now they need to sell ASAP "as is" so they reduced the $400,000 price to just $358,000 ($71,000 per acre). A nearby Bundy parcel SOLD at $131,000 per acre. When the 5 acres is split into 4 lots, the price will be increased to $600,000 or $150,000 for each 1+ acre building site. You may get a major price discount for an "all cash sale" with a short escrow. Or sellers may carry the land loan "no qualifying" with a large down payment.... Edison power is on site with a district water line all along Sunset Avenue. You can also have a water well for an unlimited of "free water" like the neighbors have. New home construction now requires the installatioin of a "solar power" system. An attractive option is to add the "solar power battery" and a "water well" for each estate. These will be attractive homes totally "off the grid". These homes will remain up and running when utilities are hacked or disabled.... If you buy "as is" at the discount, you can immediately start to build your "green estate" on the "proposed lot" nearest Sunset. Then you still have the option to take over the completion of the "4 lot tract map". You can chose to sell the 3 remaining lots or build three more homes (or manufactured homes). On each new lot you can build up to 3 dwellings. You can build any size "main house", up to a 1200 squar WOW PRICE REDUCED $42,000 FOR QUICK SALE!!! Now these are very motivated sellers of this nearly level "5 acre" parcel on the corner of Bundy Canyon Road and Sunset Avenue. These owners are in the process of dividing the 5 acres into 4 building sites of over 1 acre each. But now they need to sell ASAP "as is" so they reduced the $400,000 price to just $358,000 ($71,000 per acre). A nearby Bundy parcel SOLD at $131,000 per acre. When the 5 acres is split into 4 lots, the price will be increased to $600,000 or $150,000 for each 1+ acre building site. You may get a major price discount for an "all cash sale" with a short escrow. Or sellers may carry the land loan "no qualifying" with a large down payment.... Edison power is on site with a district water line all along Sunset Avenue. You can also have a water well for an unlimited of "free water" like the neighbors have. New home construction now requires the installatioin of a "solar power" system. An attractive option is to add the "solar power battery" and a "water well" for each estate. These will be attractive homes totally "off the grid". These homes will remain up and running when utilities are hacked or disabled.... If you buy "as is" at the discount, you can immediately start to build your "green estate" on the "proposed lot" nearest Sunset. Then you still have the option to take over the completion of the "4 lot tract map". You can chose to sell the 3 remaining lots or build three more homes (or manufactured homes). On each new lot you can build up to 3 dwellings. You can build any size "main house", up to a 1200 square foot "guest house" and up to a 600 square foot "casita"....... This is the great set up for a builder to earn substantial "tax free profits" from building these desirable "Green Estates". An attractive option is to "live in" the 1st estate while you compete the map process for 3 more building sites. When the map is completed you can start construction of the 2nd estate next door. If you sell the 1st estate after 24 month's occupancy, up to the 1st $500,000 of "profit" per couple is "income tax free" ($250,000 for a single owner). Then move into the now completed 2nd estate next door for at least 24 months for more tax free profits upon a sale. If you don't mind moving every two years or so, you can make huge huge "tax free profits" from the sale of each estate every two years.... WOW !!! Bundy Canyon Road is supposed to be widened to 4 lanes for added sales exposure..... MAKE OFFER!!
Exterior Features

Site Corner Lot

Property Features

Assessments Yes/Remarks Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Value in Land Terms Cash Utilities Available ElectricPropane

Listing provided courtesy of Developer Sales Associates. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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