34250 Olive Ave, Winchester, California 92596

$7,999,999

Property Type

Land

City

Winchester

Status

Active

This approximately 40-acre flat and usable parcel is located within a key growth corridor of Winchester, offering excellent conditions for immediate planning and phased residential development. The property is one of the few large parcels in the area with municipal water service and a full irrigation system, significantly reducing upfront infrastructure costs and enhancing overall project feasibility. The land is zoned for residential use, and is surrounded by existing and planned developments from established homebuilders, indicating a clear growth trajectory and strong housing demand in the area. With direct access to Winchester Road, the site offers convenient connectivity to nearby retail, services, and community amenities. The property is also located just minutes from the I-215 Freeway, providing strong regional access. Situated near Diamond Valley Lake, the property benefits from attractive natural surroundings, adding value to future community design, pricing, and marketability. Ideal for residential subdivision, master-planned community development, or long-term land banking. Well-suited for developers and institutional investors.