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Property Details

RARE OPPORTUNITY TO DEVELOP IN A MASTER PLANNED COMMUNITY LOCATED IN THE CITY OF TEMECULA!

LARGE CITY INFRASTRUCTURE & IMPROVEMENT BUDGET

FULLY OPERATIONAL CITY OWNED AMENITIES (FIRE STATION, PARK, SPORTS PARK (COMING SOON Q2 2021))

ENVIRONMENTAL REPORT COMPLETE

TRAFFIC AND NOISE REPORT COMPLETE

GEOLOGICAL/TECHNICALS COMPLETE

ENGINEERING COMPLETE

Wingsweep is a SoCal based land developer that seized this opportunity to develop this land in 2006 at the near height for the housing bubble. New ownership received the property with several liens, municipal funding cuts, and several state and federal BMP requirements. Up to today, Wingsweep along with its development partners have cured all existing liens, extended municipal funding for project improvements, and satisfied all state and federal BMP requirements on the property by working closely with consultants and those government entities. Currently, half of the project is in the construction phase whereas some areas (like the Wingsweep lots) are near finalized in planning phase.

With the intention to build, Wingsweep would like to open up the discussion for potential partnership or acquisition of the project. Builders must have proven track record, and be in a secure financial standing.

Expected gross capital requirements are $50-$80M.

Land value will be determined by conditions of sale.

TENTATIVE MAPS APPROVED

134 Single Family Homes

1 Neighborhood Commercial lot

Master Plan Highlights:

More information can be found on the City of Temecula website

800+ Acres

180+ Acres of natural outdoor preserve

1500+ New homes

20+ Acre public sports park

1.6+ Acre public family park

2+ HOA recreation facilities

THE CITY OF TEMECULA HAS SEEN A SURGE OF NEW RESIDENTS IN 2020. MANY BUSINESSES CHOOSE TEMECULA DUE TO ITS FAVORABLE BUSINESS CLIMATE, GATEWAY PROXIMITY TO 4 METROPOLIS LOCATIONS, FAIR YEAR ROUND WEATHER, TOP RATED SCHOOLS, AND THE COUNTLESS NUMBER OF AMENITIES FOR TRAVELERS AND RESIDENTS.

MARKET FACTS:

$550K Median sales price / $252 Sq.Ft. (+15%YOY)

$132K Avg. household income

$11.5B Annual local business sales

Please email contact for additional inquiries

Thank you!