Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$4,950,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,609 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
Great Single Family Home, Farm, Ranch or Development Opportunity in excellent location! This exciting property offers 18.36 +/- flat and usable acres, a single-story home, 6,000 sq ft warehouse and several outbuildings in Unincorporated Riverside County (Menifee address)! Currently Zoned RA, the fulure land use if developed could be RC-LDR, meaning homes on larger lots could be built here. The property consists of 2 APNs: 309-22-007 and 006. This is the first time the property is offered for sale since 1990. Property features all utilities on site, plus 3 septic systems, Frontier and Spectrum and 2 alarms. The steel warehouse was built in 1991, with 1253 +/- sq ft office space, 5 offices, a bathroom and reception area. There are 10 parking spaces and 1 ADA-compliant parking space, plus a 2-car garage attached to the home (built in 1961). With 1609 +/- sq ft, the home features 4 bedrooms and 2 baths, living room, family room, kitchen and screened porch with newer roof and HVAC system. Plenty of room for your business, animals, toys and projects, or how about some dry farming? Owner may carry with 50% down. If you are looking for a property that can serve many needs, look no further!

Full Property Details for 23524 Pico Ave

General

  • Price: $4,950,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SW25274613
  • Updated: 1/14/2026
  • Days on Market: 35 days
  • Added to Site: 35 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Family Room, Kitchen, Living Room, Walk-In Pantry
  • Fireplace: Yes
  • Fireplace(s): Family Room
  • Eating Areas: Dining Room
  • Appliances: Dishwasher, Disposal, Gas Range, Water Heater
  • Flooring: Carpet, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Driveway, Concrete, Paved, Garage (Single Door), RV Potential

Location

  • County: Riverside
  • Driving Directions: From 215 fwy, east on Hwy 74, north on Menifee Rd, left on Ellis, right on Pico Ave.
  • Direction Faces: West

School Information

  • School District: Perris Union High
  • High School: HERITA

Community

  • Community Features: Rural

Heating & Cooling

  • Cooling Type: Evaporative Cooling, Whole House Fan
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Type Unknown
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Commercial/Residential
  • Construction: Frame, Stucco
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: No Common Walls
  • Windows: Blinds
  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,609
  • Sq. Ft. Source: Appraiser
  • Year Built: 1961
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Outbuilding, Workshop

Lot Features

  • Property View: Hills, Pasture
  • Lot Size (Acres): 16.03
  • Lot Size (Sq. Ft.): 698,267
  • Lot Size Source: Assessor
  • Lot Dimensions: 698267
  • Irrigation System: Sprinkler System
  • Zoning: RA
  • Lot Description: Lot Over 40000 Sqft, Sprinklers in Front
  • Fencing (Description): None

Financial Considerations

  • Price Per Sq. Ft.: $3,076.44

Disclosures and Reports

  • Special Conditions: Standard

Listed by First Team Real Estate, Glenn Kean

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 23524 Pico Ave —

  • Glenn Kean

    First Team Real Estate

951-775-7653

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 23524 Pico Ave

School District:Romoland Elementary School District
NameGradesDistance
Romoland Elementary School
25890 Antelope Road, Romoland, CA 92585
K-52.3 mi
Ethan A Chase Middle School
28100 Calm Horizon Drive, Menifee, CA 92585
6-84.7 mi
Heritage High School
26001 Briggs Road, Romoland, CA 92585
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 23524 Pico Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$4,950,000
1550%
MLS
8/01/1990
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
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 for 23524 Pico Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,745
—
$766,110
2%
2024
$8,748
—
$751,090
2%
2023
$8,738
1%
$736,363
2%
2022
$8,629
2%
$721,926
2%
2021
$8,473
1%
$707,771
1%
2020
$8,372
2%
$700,515
2%
2019
$8,198
4%
$686,781
2%
2018
$7,848
1%
$673,315
2%
2017
$7,736
1%
$660,113
2%
2016
$7,624
1%
$647,170
2%
2015
$7,533
3%
$637,451
2%
2014
$7,315
—
$624,966
—
2013
$7,327
—
$622,143
—
View All
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 for 23524 Pico Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by First Team Real Estate, Glenn Kean

Similar Properties near 23524 Pico Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

36000 Tenaja Truck Trail, Lake Elsinore, CA 92530 - Photo 1
$5,500,000

36000 Tenaja Truck Trail  Lake Elsinore, CA 92530

  • Single Family
  • Active
  • 2
    Beds
  • 2
    Total Baths
  • 1,500
    Sq. Ft.
34747 Ortega Hwy., Lake Elsinore, CA 92530 - Photo 1
$4,850,000

34747 Ortega Hwy.  Lake Elsinore, CA 92530

  • Single Family
  • Active
  • 4
    Beds
  • 4
    Total Baths
  • 4,500
    Sq. Ft.

Just Listed near 23524 Pico Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

30951 Long Point, Canyon Lake, CA 92587 - Photo 1 Just Listed
$875,000
Open House

30951 Long Point  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 14 minutes ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,929
    Sq. Ft.
22196 Hoofbeat Way, Canyon Lake, CA 92587 - Photo 1 Just Listed
$599,999

22196 Hoofbeat Way  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 14 minutes ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,558
    Sq. Ft.
22986 Gray Fox Dr, Canyon Lake, CA 92587 - Photo 1 Just Listed
$2,895,000

22986 Gray Fox Dr  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 6
    Total Baths
  • 6,047
    Sq. Ft.
0 Norma Dr, Canyon Lake, CA 92587 - Photo 1 Just Listed
$28,000

0 Norma Dr  Canyon Lake, CA 92587

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.12
    Acres

Price Reduced near 23524 Pico Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

23592 Schooner, Canyon Lake, CA 92587 - Photo 1 Price Reduced
-$14,900 (-2.76%)
$525,000
Open House

23592 Schooner  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,309
    Sq. Ft.
22443 Whirlaway Ct, Canyon Lake, CA 92587 - Photo 1 Price Reduced
-$50,000 (-4.55%)
$1,050,000
Open House

22443 Whirlaway Ct  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,572
    Sq. Ft.
23832 Fair Weather, Canyon Lake, CA 92587 - Photo 1 Price Reduced
-$25,000 (-4.35%)
$549,900
Open House

23832 Fair Weather  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,576
    Sq. Ft.
29875 Smugglers Point Dr, Canyon Lake, CA 92587 - Photo 1 Price Reduced
-$50,000 (-6.15%)
$763,000

29875 Smugglers Point Dr  Canyon Lake, CA 92587

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,718
    Sq. Ft.

23524 Pico Avenue, Menifee, CA 92585 (MLS# SW25274613) is a Single Family property with 4 bedrooms and 3 full bathrooms. 23524 Pico Avenue is currently listed for $4,950,000 and was received on December 12, 2025. Want to learn more about 23524 Pico Avenue? Do you have questions about finding other Single Family real estate for sale in Menifee? You can browse all Menifee real estate or contact a Coldwell Banker agent to request more information.

Tour this property