22060 Olivas AveNuevo, CA 92567

Property Details for 22060 Olivas Ave

Year built

1967

Lot size

18.30 AC

Property size (Sq ft)

2,508 SF

Property type

Mixed-use properties

Description

This exceptional 18.3-acre mixed-use property in Nuevo, CA presents a remarkable development opportunity. The property boasts 2,508 square feet of newly renovated ranch-style living space, complete with updated electrical, plumbing, a new water heater, video surveillance, network connections, and fresh interior finishes including paint, drywall, flooring, cabinets, and countertops. The home also features low-maintenance landscaping and a new sprinkler/irrigation system. Exterior improvements include a detached three-car garage and two steel garage barns. City water and all utilities are conveniently located on-site, supplemented by a private well. The expansive lot offers 1261 feet of frontage and is zoned CPS, making it ideal for various commercial ventures. Its strategic location less than three miles from the planned Villages of Lakeview (8,725 homes) and near the KB Homes Nuevo Meadows development (238 homes) ensures high growth potential. Furthermore, the property's proximity to the new 16-mile Mid County Parkway corridor enhances accessibility and connectivity. This unique combination of residential comfort and significant commercial development potential makes this property a truly exceptional investment.

Location Insight

City

Nuevo

County

Riverside

State

California

Latitude

33.7996

Longitude

-117.151

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