$385,000
●
Land -
For Sale
23247 Crab Hollow Circle
Wildomar, CA 92595
Studio
0 Bath
$1,891
Est. Monthly
About This Property
20 Acres in Wildomar, CA, Riverside County APN 366-311-011 on Crab
Hollow Circle just off of Crooked Arrow Drive and Story Road.
This 20-acre parcel is surrounded by several nearby cities, many of which are visible from the property. The elevated setting offers expansive views of the surrounding area.
While walking on this property you can see Wildomar, Lake Elsinore, Murrieta, Menifee, Canyon Lake, Perris, Moreno Valley, and Sun City.
The property offers panoramic views of the surrounding landscape. Take a look at the pictures and decide for yourself.
Utilities & Grading: Property has a preliminary grading plan and two percolation tests that were completed about 20 years ago. Electric is at the street, gas to be propane. Water may be available through city service or by well. Interested parties should perform their own due diligence with respect to utilities, building requirements, permits, and development potential. Address is approximate, and not official. Address for mapping purposes only.
This 20-acre parcel is surrounded by several nearby cities, many of which are visible from the property. The elevated setting offers expansive views of the surrounding area.
While walking on this property you can see Wildomar, Lake Elsinore, Murrieta, Menifee, Canyon Lake, Perris, Moreno Valley, and Sun City.
The property offers panoramic views of the surrounding landscape. Take a look at the pictures and decide for yourself.
Utilities & Grading: Property has a preliminary grading plan and two percolation tests that were completed about 20 years ago. Electric is at the street, gas to be propane. Water may be available through city service or by well. Interested parties should perform their own due diligence with respect to utilities, building requirements, permits, and development potential. Address is approximate, and not official. Address for mapping purposes only.
Unit Size
-
Days on Market
77 days
Land Size
20.00 acres
Price per sqft
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Property Type
Land
Property Taxes
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CRMLS #FR26171192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Listed by Dombroski Realty | $385,000 | |
| Listed by Dombroski Realty | |||
Property Highlights
Exterior Details
Lot Features: SixteenToTwentyUnitsAcre
Lot Size Area: 871200
Lot Size Units: Square Feet
Lot Size Acres: 20
Lot Size Square Feet: 871200
Water Source: None
Utilities Details
Sewer : None
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Wildomar
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Listed by: Brian Dombroski, Dombroski Realty
Last Updated: 3 months ago
Data Source: CRMLS, MLS# FR26171192
Last Updated: 3 months ago
Data Source: CRMLS, MLS# FR26171192
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