$1,388,000

**RARE DEVELOPMENT OPPORTUNITY – APPROXIMATELY 38.27 ACRES WITH APPROVED TENTATIVE TRACT MAP FOR 38 SINGLE-FAMILY RESIDENTIAL LOTS!** Motivated Seller! Exceptional opportunity to acquire approximately 38.27 acres of residential development land in the desirable Woodcrest / Lake Mathews area of Riverside County. The sale includes five parcels (APNs: 273-450-002, 273-450-003, 273-450-017, 273-450-018, and 273-450-019). The property features Riverside County Approved Tentative Tract Map No. 36813, allowing for a proposed subdivision into 38 single-family residential lots, with individual lot sizes ranging from approximately 22,000 to over 100,000 square feet. On July 30, 2025, the Riverside County Planning Commission approved a second extension of time, with the tentative map expiration extended to January 23, 2030, pursuant to the County's approval documentation. Situated along Van Buren Boulevard, the property offers expansive open views, scenic surroundings, and excellent potential for a distinctive community of custom luxury homes or estate-style residences. The conceptual development plan includes a gated community layout, open space, and landscaped common areas. Extensive project documentation is available, including subdivision maps, conceptual site plans, landscape plans, a Fire Protection Plan, and County Conditions of Approval. An outstanding opportunity for developers, builders, and investors seeking a large-scale residential development project with significant planning work already completed. **Buyer to verify all information, approvals, zoning, utilities, infrastructure requirements, development costs, final map recordation, and remaining conditions with Riverside County and applicable agencies.**