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$3,950,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,609 Sq. Ft.
  • 2 Car Garage
  • Updated 7 hours ago
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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. 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!!!!!!

Full Property Details for 23524 Pico Ave

General

  • Price: $3,950,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SW26142842
  • Updated: 7/2/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Separate Family Room, Walk-In Pantry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Family Room, Primary Bathroom
  • Interior Features: Pantry, Tile Counters
  • Fireplace: Yes
  • Fireplace(s): Family Room
  • Eating Areas: Family Kitchen, Dining Room
  • Appliances: Water Heater, Disposal, Refrigerator, Gas Water Heater, Electric Range, Electric Oven, Dishwasher
  • Flooring: Tile, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Garage, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Covered, Screened Porch, Concrete, Enclosed, Slab, Rear Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Concrete, RV Garage, Garage (Direct Access), RV Access/Parking, Driveway Level, Driveway, Garage Faces Side, Parking Space

Location

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

School Information

  • School District: Menifee Union

Community

  • Community Features: Horse Trails, Rural, Mountainous

Heating & Cooling

  • Cooling Type: Whole House Fan, Central Air
  • Heating Type: Fireplace(s), Central

Utilities

  • Sewer: Conventional Septic
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Single Family Residence
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: No Common Walls
  • Windows: Blinds, Screens
  • Disability Access: Parking
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,609
  • Sq. Ft. Source: Assessor
  • Year Built: 1961
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Property View: Mountain(s), Neighborhood
  • Lot Size (Acres): 18.6
  • Lot Size (Sq. Ft.): 810,216
  • Lot Size Source: Survey
  • Lot Description: Lot Over 40000 Sqft, Level with Street, Level, Horse Property, Corners Marked
  • Fencing (Description): Chain Link

Financial Considerations

  • Price Per Sq. Ft.: $2,454.94

Disclosures and Reports

  • Special Conditions: Standard
  • Inclusions: stove/oven, dishwasher, Refrigerator, washer and dryer, 2 alarm systems.

Listed by Re/Max Diamond Prestige, Kathy Vineyard and Re/Max Diamond Prestige, Amanda Vineyard

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Listing agents

— 23524 Pico Ave —

  • Kathy Vineyard

    Re/Max Diamond Prestige

  • Amanda Vineyard

    Re/Max Diamond Prestige

951-830-6716

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 ATTOM Data Solutions 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
7/01/2026
Listed
$3,950,000
1216.67%
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

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*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 Re/Max Diamond Prestige, Kathy Vineyard and Re/Max Diamond Prestige, Amanda Vineyard

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23524 Pico Avenue, Menifee, CA 92585 (MLS# SW26142842) is a Single Family property with 4 bedrooms and 3 full bathrooms. 23524 Pico Avenue is currently listed for $3,950,000 and was received on July 01, 2026. 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.

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