Hemet homes
For sale23 days on market
$1,300,000

44010 Olive, Hemet, CA 92544

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Beds
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Baths
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Sq ft

About this home

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!

Type
Residential
Year built
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Lot
387,684 sq ft (8.90 ac)
Garage
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HOA
None
Pool
No
View
Mountain(s)
Solar
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Estimated payment
$8,199/mo
  • Principal & interest$6,574
  • Property tax (est.)$1,246
  • Home insurance (est.)$379

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Pablo Cornejo, KW The Lakes, 949-750-5050. MLS# IG26219633. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:13 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Innovate Realty, Inc., CA DRE #02215206.

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