Skip to main content
Take a 3D virtual tour of this home.Virtual tour
Winchester, CA

$7,999,999

34250 Olive Ave, Winchester, CA
48
Days listed

About this home

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.

Facts & features

Exterior & lot
Lot size
39.54 acres (1,722,362.4 sq ft)
View
Hills, Pasture
Community
Area
699 - Not Defined
County
Riverside
Community features
Biking, Lake
Listing details
Status
Active
Property type
Land
Days on market
48
Listed
2026-02-06
Terms
Submit
Parcel #
465170003
MLS #
WS26028413
Listed by
Shufang Cui · RE/MAX 2000 REALTY

Location

Price history

Listed
$7,999,999 · 2026-02-06
Days on market
48
Current price
$7,999,999
Financing

Could this home be yours?

Estimated monthly payment
$50,186
$40,452 principal & interest · $9,733 taxes & insurance
$1,600,000
Estimate only
Loan $6,399,999

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Get a precise, agent-prepared valuation of your home — not an automated guess.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in Winchester

See all homes in Winchester

Listing data provided by CRMLS

Listing courtesy of RE/MAX 2000 REALTY. © 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 27, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.