0 El Prado
Temecula, CA 92590
- – beds
- – baths
- – sqft
- ~24 acre lot
- – on site
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Escape the city and build your dream home on a very rare Temecula De Luz area property. The property has a view from the house pad that will take your breath away making everyday a vacation. It's so quiet here, all you hear is the gentle sound of the wind and nature while still being only 20 minutes away from old town Temecula and wine country. The house pad looks west so you get to enjoy beautiful sunsets and the cool ocean breeze as you look down the valley. While your dream home is being built you can enjoy income from the professionally planted and managed crops. There are avocado trees, eureka lemons and cab franc grapes. Sellers estimates $60,000 gross from the crops in 2021. If a contract for the grapes is obtained by the multi-generational farmers that own and care for this land the estimate looks even higher around $78,000 gross in 2021. Most of the crops are young so the estimated gross income is projected to double in 6 years. This property is set up so well to provide passive income it will truly benefit the buyers for years to come. These two parcels can be sold separately. Parcel 1 APN#934-140-010 is 10.85 acres and parcel 2 is APN# 934-140-011 is 12.72 acres, side by side parcels. Each parcel has its own gate and 2" water meter. Since the crops and income are set up so well it might be better to stick with both Parcels but it's up to the buyer. See for yourself and schedule a showing with me anytime. You have to see this to believe it, come on out!
Listed By CRMLS_CA / Steve Randall / Keller Williams OC Coastal Realty
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Last updated Mar 27, 2024
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MLS# OC20218614 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/2/20
Dec 2, 2020
|
CRMLS_CA | $575,000 | -32.7% | |
10/23/20
Oct 23, 2020
|
Listed / Active | CRMLS_CA | $855,000 | 113.8% (16.0% / YR) |
9/12/13
Sep 12, 2013
|
CRMLS_CA | $400,000 | 60.0% |