About this home

HIGH-DENSITY RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN MENIFEE! An opportunity for investors, builders and developers looking to explore future multifamily residential development or acquire and hold property in a growing Menifee corridor. The property is currently zoned HDR (High Density Residential) with previous existing utilities. Includes an existing fire-damaged, boarded single-family residence. The property is being offered in its present AS-IS condition, with the primary value and opportunity centered on the land and its future residential redevelopment potential. All three parcels must sell together total of .50 acres. HDR zoning provides an opportunity to explore higher-density residential uses, including small to medium multifamily development, subject to City approval and all applicable development requirements. This may also be an attractive opportunity for an investor seeking to acquire and hold property for future development as the surrounding area continues to evolve. Conveniently located near major transportation routes, established residential neighborhoods, shopping, services and continued growth throughout Menifee and Southwest Riverside County. Bring your vision and explore the possibilities. Buyer and buyer's representatives are strongly encouraged to conduct their own independent due diligence with the City of Menifee and appropriate agencies regarding zoning, allowable density, permitted uses, development standards, utilities, access, demolition requirements, environmental conditions and overall development feasibility. Seller and Broker/Agents make no representation or guarantee regarding the number of units that may ultimately be developed on the property. The property is red-tagged, Not a rehab or fix/flip due to zoning requirements for this property. Don't miss out on development or buy and hold opportunity!

Facts and features

Schools

• Ethan A Chase Middle School

  middle · 6-8 · 1.8 mi

  3

• Heritage High School

  high · 9-12 · 2.0 mi

  5

• Calvary Chapel Christian Academy

  elementary · K-8 · 0.0 mi

• Romoland Elementary School

  elementary · K-5 · 0.2 mi

  3

• Pinacate Middle School

  middle · 7-8 · 3.9 mi

  1

• Oliver Christian School Center

  elementary · 1-12 · 0.3 mi

Price history

• Sep 14, 2026 · Listed$245,500
• Jul 14, 2026 · Listing Removed—
• Jul 4, 2026 · Relisted$215,900
• Jun 27, 2026 · Listing Removed—
• May 31, 2026 · Relisted$215,900
• May 8, 2026 · Listing Removed—
• May 1, 2026 · Relisted$215,900
• Apr 24, 2026 · Listing Removed—

Tax history

• 2025$2,540 tax · $241,679 assessed
• 2024$2,541 tax · $236,941 assessed
• 2023$2,538 tax · $227,742 assessed
• 2022$2,504 tax · $223,277 assessed
• 2021$2,456 tax · $218,900 assessed
• 2020$2,425 tax · $216,656 assessed
• 2019$2,371 tax · $212,409 assessed
• 2018$2,263 tax · $208,245 assessed

Home value

$247,117

• Quantarium$247,117
• Collateral Analytics$243,000
• Cotality$250,200

Where it is