$3,450,000
22060 Olivas Avenue
Nuevo/Lakeview, CA 92567
4
Beds
3
Baths
2,508
Sq. Ft.
1967
Year Built
Riverside
County
SingleFamilyResidence
Property Type
About this home
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.
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Mortgage Estimate
$18,362/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 9:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.