41720 Oak Canyon Road
About This Property
The property features a functioning 25 GPM well, Edison power with meter already installed and active electricity, partial fencing, graded areas, and gated access. Included with the sale are multiple useful structures and improvements including storage containers, trailers, a tiny home frame/shell, storage room, and three water storage tanks - providing added convenience and versatility for future development or immediate use.
Enjoy peaceful rural living while remaining conveniently located near Temecula Valley wineries and vineyards, Lake Skinner, Vail Lake, and Diamond Valley Lake for boating, fishing, camping, and outdoor recreation. Nearby entertainment destinations include Pechanga Casino, Pala Casino, and Soboba Casino.
With utilities already established, usable acreage, scenic views, and substantial groundwork completed, this property offers incredible potential for those seeking space, privacy, and opportunity in a desirable rural setting. Don't miss your chance to own this unique Hemet acreage property with endless possibilities!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2026 | Listed by Trillion Real Estate | $275,000 | |
| Listed by Trillion Real Estate | |||
| Sep 20, 2025 | Listed | $299,900 | |
| Listed | |||
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Gentle rolling 5.34 acres on the northwest corner of Oak Canyon & Los Altos Roads, has electric & meter installed, has a25 GPM well, partially fenced, has big views of surrounding valley. Parcel has storage container & trailers that will stay with the property. Close to Temecula Valley Wineries & Vineyards, close to Lake Skinner, Vail Lake & Diamond Valley Lake, for adult entertainment your close to Pechanga Casino, Pala Casino & Soboba Casino.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017