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34250 Olive Ave , Winchester, CA 92596
$7,999,999
Est. Payment: $40,254.73/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 48
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

This approximately 40-acre flat and usable parcel is located within a key growth corridor of Winchester, offering excellent conditions for immediate planning and phased residential development. The property is one of the few large parcels in the area with municipal water service and a full irrigation system, significantly reducing upfront infrastructure costs and enhancing overall project feasibility. The land is zoned for residential use, and is surrounded by existing and planned developments from established homebuilders, indicating a clear growth trajectory and strong housing demand in the area. With direct access to Winchester Road, the site offers convenient connectivity to nearby retail, services, and community amenities. The property is also located just minutes from the I-215 Freeway, providing strong regional access. Situated near Diamond Valley Lake, the property benefits from attractive natural surroundings, adding value to future community design, pricing, and marketability. Ideal for residential subdivision, master-planned community development, or long-term land banking. Well-suited for developers and institutional investors.
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Highlights

Listed by Shufang Cui , 626-567-0333 and Linh Ly , 626-680-0918 RE/MAX 2000 REALTY , 626-964-8999. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land
Lot/Acreage
39.54

County

Riverside

Area

699 - Not Defined

Listing ID

WS26028413

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Agricultural Well,Public

Exterior Features

Lot:36-40 Units/Acre,Agricultural,Horse Property,Sprinklers In Rear,Landscaped,Sprinklers Timer,No Land Lease
Zoning:A-2-10
Sewer:Septic Type Unknown
Principal Interest
$40,255
Taxes
$5,100

Home Price

$7,999,999

Loan Details

30 yrs
6.453%

Down Payment

20%
$1,600,000
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:
$40,254.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $40,254.73 $5,100.00 $0.00 $45,354.73
Yearly $483,056.76 $61,199.99 $0.00 $544,256.76
Total $14,491,702.88 $1,835,999.77 $0.00 $16,327,702.65

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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: 2026-08-08T14:37:52.000Z

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