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$1,300,000 Just Listed
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Property Description
DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities.
Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record-decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play.
INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast-opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!
Full Property Details
Full Property Details for 44010 Olive
General
- Price: $1,300,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: IG26219633
- Updated: Today (10/9/2026)
- Days on Market: 1 days
- Added to Site: Today
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: CA-74 E toward Hemet, Turn left onto Fairview Ave, Turn right onto Olive Ave
- Dist. to Beach: 5 feet (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 5 feet
Lot Features
- Property View: Mountain(s), Meadow, Neighborhood, Hills
- Lot Size (Acres): 8.9
- Lot Size (Sq. Ft.): 387,684
- Lot Size Source: Assessor
- Lot Description: Gutters, Curbs, Mountainous, Foothills, Street Lights, Storm Drains, Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $3.35
Listed by KW The Lakes, Pablo Cornejo
Get Pre-Approved Today
Price & Sales History for 44010 Olive
Date
Details
Price
Change
Source
10/09/2026
Listed
$1,300,000
152.43%
MLS
10/15/2024
Sold
$515,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 44010 Olive
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,914
—
$525,300
2%
2025
$5,914
2%
$514,362
2%
2024
$5,794
1%
$504,277
2%
2023
$5,717
2%
$494,390
2%
2022
$5,607
2%
$484,697
2%
2021
$5,514
-1%
$475,194
1%
2020
$5,580
2%
$470,322
2%
2019
$5,461
3%
$461,100
2%
2018
$5,296
1%
$452,059
2%
2017
$5,234
1%
$443,196
2%
2016
$5,197
—
$434,506
2%
2015
$5,182
5%
$427,980
2%
2014
$4,954
—
$419,598
—
2013
$4,954
—
$417,702
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 44010 Olive
44010 Olive, Hemet, CA 92544 (MLS# IG26219633) is a Lots/Land property with a lot size of 8.9000 acres. 44010 Olive is currently listed for $1,300,000 and was received on October 09, 2026. Want to learn more about 44010 Olive? Do you have questions about finding other Lots/Land real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

