33180 Olive Ave , Winchester, CA 92596
$1,199,000
Est. Payment: $6,221.35/mo
3 Bed
2 Bath
1746 Sqft
2.92 Acres
Status: active | Days on site: 9
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16624 - 151696,IVWASHERI
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House Description

Extraordinary opportunity awaits with this distinctive 2.92-acre property, seamlessly blending comfortable modern living with unparalleled investment potential. Located in the heart of a rapidly growing area with booming infrastructure and housing demand, this parcel features flexible Mixed-Use zoning that secures immense future economic benefits and limitless development possibilities. The property boasts a highly updated and comfortable residence, allowing you to move right in, rent it out for immediate cash flow, or live on-site while you plan your next big project. Whether you are looking for a spacious private estate with room to grow, or a prime piece of real estate poised for commercial or multi-family redevelopment, this versatile gem delivers the perfect combination of current utility and future wealth generation. Don't miss your chance to secure a high-potential stake in a rare property with the following features: Energy & Climate: Features a new roof paired with a 33-panel SunPower solar system (~10KW) to cover most needs. Enjoy superior air circulation with a whole-house fan working in tandem with an attic fan, in addition to updated dual-pane windows for premium energy retention. Interior & Living: The remodeled kitchen features warm butcher block countertops, bright recessed lighting and custom cabinetry, creating an inviting and elegant ambiance. Step outside to an expansive, lighted aluminum-covered patio with a matching size concrete pad and ample ventilation for effortless family entertainment. Equestrian & Security: This horse-friendly property features a 3-stall barn and tack room under a massive 35'x80' metal frame covered structure to protect animals and equipment. Fully fenced with dual electronic gated entrance and video camera security for ultimate peace of mind.

Highlights

Listed by Al Escobedo , 760-803-4387 and ERIC WASHLE , 714-323-3862 eXp Realty of Southern CA , 888-294-1415. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
2.92

Year Built

1970

County

Riverside

Area

SRCAR - Southwest Riverside County

School District

Hemet Unified

Listing ID

NDP2609760

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Air Cond:Central Air,Whole House Fan
Fireplaces:Living Room
Other:
  • ▪ Additional:All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Exterior Features

Lot:2-5 Units/Acre,Horse Property,Ranch,Street Level,Value In Land,No Land Lease
Garage Capacity:0
Zoning:Mixed-Use
Principal Interest
$6,221
Taxes
$764

Home Price

$1,199,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$239,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,221.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,221.35 $764.36 $0.00 $6,985.72
Yearly $74,656.24 $9,172.35 $0.00 $83,828.59
Total $2,239,687.06 $275,170.50 $0.00 $2,514,857.56

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Winchester, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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