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44010 OliveHemet, CA 92544

Riverside County

$1,300,000List price
8.90Acre lot
3 weeks agoOn market

Description

DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities. Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record—decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play. INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast—opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!

Property Information

Property type
Land
Lot size
8.90 acres
Days on market
24
MLS® Listing#
IG26219633

Property Features

Lot features
Level
Community
Curbs · Street Lights · Sidewalks
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
549050007

Directions

CA-74 E toward Hemet,Turn left onto Fairview Ave,Turn right onto Olive Ave

Listing Courtesy: KW The Lakes - 949-750-5050

Presented by: Pablo Cornejo

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-08T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Connect with a Local Real Estate Expert

  • Krissy Allen

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    EXIT Alliance Realty

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