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Menifee, CA

$3,950,000

23524 Pico Avenue, Menifee, CA
4
Beds
3
Baths
1,609
Sq Ft
1961
Built
6
Days listed

About this home

Unbelievable Opportunity on 18.56 Acres! Endless possibilities await with this exceptional 18.56-acre property offering space, versatility, and incredible investment potential. The charming 1,609-square-foot home, built in 1961, features four bedrooms, two bathrooms, a spacious living room, a cozy family room with a fireplace, and a screened-in porch—perfect for relaxing and enjoying the peaceful surroundings. With a 2 car attached garage. Also located on the property is an impressive 6,000-square-foot commercial-style shop complete with five private offices, a reception area, and a bathroom. The property includes 10 parking spaces, including one ADA-compliant space, making it ideal for a variety of business or commercial uses. Additional improvements include three septic systems and two outbuildings, providing even more flexibility for future use. There are two alarm systems, one on home and one on Building. Currently zoned RA (Rural Agricultural), this property offers outstanding potential for farming, equestrian use, livestock, or creating your own private ranch. With future development, the land may also present exciting opportunities for residential expansion or a planned neighborhood, subject to county approval. Sewer is about 1200 ft. from property. Whether you're looking for a working ranch, a business headquarters, an agricultural investment, or a property with exceptional development potential, this one-of-a-kind estate is ready to bring your vision to life. Some photos have been AI enhanced, Buyer to do their own due diligence about information of this property, going to the county, looking up permits etc!!!!!!

Facts & features

Interior
Bedrooms
4
Bathrooms
3 full
Living area
1,609 sq ft
Interior features
Separate Formal Dining Room, Eat In Kitchen, Pantry, Tile Counters, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Walk In Pantry
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Refrigerator, Water Heater, Dryer, Washer
Flooring
Carpet, Tile, Vinyl
Fireplace
Family Room
Heating
Central, Fireplaces
Cooling
Central Air, Whole House Fan
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Levels
One
Spa
None
Exterior & lot
Lot size
18.6 acres (810,216 sq ft)
Pool
None
View
Mountains, Neighborhood
Architectural style
Traditional
Year built
1961
Parking
Concrete, Direct Access, Driveway Level, Driveway, Garage, Rv Garage, Rv Access Parking, One Space, Garage Faces Side
Parking spaces
13
Community
Area
699 - Not Defined
County
Riverside
Community features
Horse Trails, Mountainous, Rural
Listing details
Status
Active
Property type
Single Family Residence
Days on market
6
Listed
2026-07-01
Terms
Cash, Conventional, Exchange 1031, Private Financing Available
Parcel #
309220007
MLS #
SW26142842
Listed by
Kathy Vineyard · Re/Max Diamond Prestige

Location

Price history

Listed
$3,950,000 · 2026-07-01
Days on market
6
Current price
$3,950,000
Financing

Could this home be yours?

Estimated monthly payment
$24,779
$19,973 principal & interest · $4,806 taxes & insurance
$790,000
Estimate only
Loan $3,160,000

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Estimated value range nearby
$2,603,611$3,056,412

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Listing data provided by CRMLS

Listing courtesy of Re/Max Diamond Prestige. © 2026. The 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. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. 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. Last updated July 26, 2026 Equal Housing Opportunity.

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