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Listed By:
The Kavenchy Group with Berkshire Hathaway HomeServices California Properties; (310) 795-5790
Address
22060 Olivas Avenue, Nuevo/Lakeview, CA
Price
$ 3,450,000
Property Attributes
  • MLS#219149728DA
  • TypeSingle Family
  • Listing Status Active
  • CountyRiverside
  • CityNuevo/Lakeview
  • NeighborhoodNot Applicable-1
  • Zip92567
  • Style
  • Year Built1967
  • Price$ 3,450,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2508
  • Lot Size18.3 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

ATTENTION DEVELOPERS, BUILDERS, & LAND BANKERS! Position your next project or build your dream estate alongside top-tier builders like LENNAR, D.R. HORTON, TAYLOR MORRISON, and KB HOME, who are actively developing the immediate Nuevo area! This premier 18+ ACRE FLAT CORNER LOT features multi-street access spanning Olivas Ave, Nuevo Rd, and Ramona Ave--making it the ultimate buy-and-hold asset or immediate development masterpiece.A standout feature is the 1,261 linear feet of prime street frontage, providing unmatched advantages:High Visibility: Maximize exposure to passing traffic--essential for a future commercial shopping center, market, or business.Easy Access (Ingress/Egress): Easily plan multiple entrances/exits for a housing tract or commercial parking lot without bottlenecking traffic.Subdivision Potential: Perfect for splitting the 18 acres into smaller lots or building multiple homes, allowing almost every new lot its own direct driveway access to the main road.The surrounding valley is exploding: KB Home's Nuevo Meadows is under 2 miles away, and the Villages of Lakeview mega-development is coming soon less than 3 miles away (8,725 homes on 2,883 acres). It also sits just 3.4 miles from the upcoming 16-mile Mid-County Parkway corridor (I-215 to Route 79). Highly versatile zoning allows for single-family tracts, shopping centers, offices, nurseries, or even commercial cannabis cultivation with a CUP.Infrastructure Already in Place : Save massive upfront development costs! Features BOTH city water AND a private well, with all utilities on-site. Includes a completely remodeled, 2,508 sq. ft. ranch-style home, detached garage, and two massive steel garage/barns--ideal for immediate rental income, a luxury lifestyle while you plan, or secure equipment storage.DISCLAIMER / LIABILITY NOTE: Buyer and Buyer's Agent to independently investigate, verify, and satisfy themselves regarding all aspects of the property, including but not limited to: zoning, permits, land usage, square footage, boundaries, lot size, utility locations, well functionality, and school districts. All information provided herein is deemed reliable but is not guaranteed by the Listing Agent or Seller.

Price History
6/29/2026 Listed $3,450,000

General Features

Living Area 2508
Sewer Septic Tank
Heating Central,Fireplace(s)
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher,Gas Water Heater,Microwave,Refrigerator
Zoning R-1
Garage Spaces 3
Architectural Style Traditional
Security Features Fire Detection System,Smoke Detector(s)
Construction Materials Brick
Year Built 1967
View Mountain(s)
Stories Count 1
Levels One
Property Subtype Single Family Residence
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Not Applicable-1
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions I-215 to E Nuevo Road to Olivas Ave. ALTERNATE: Menifee Road to Central then go right on Olivas. Cross Street: Home Location On Corner of Olivas Avenue.
City Nuevo/Lakeview
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 797148
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Lease Considered Y/N false
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-06-28
PostalCity NUEVO

Interior Features

Interior Amenities Breakfast Bar,Separate/Formal Dining Room,All Bedrooms Down
Flooring Wood
Fireplace Features Living Room,Masonry
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Parking Features Garage,Garage Door Opener
Lot Features Sprinkler System
Total Parking 6
Lot Size Area 797148
Spa false
Lot Size Acres 18.3
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92567

Price
AVG $820K
$3.45M
Year Built
AVG 1997
1967

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