$1,199,000

Coldwell Banker Commercial Land Team, in cooperation with eXp Realty, is pleased to present approximately 2.92 acres located at 33180 Olive Avenue in Winchester, California. The property is situated just east of Winchester Road (Highway 79) in an area experiencing significant residential growth and development activity. The generally flat, usable property features Mixed-Use zoning, allowing for a variety of commercial and residential development opportunities. Existing improvements include an approximately 1,746 SF three-bedroom, one and a half-bathroom residence in good condition, a covered barn and tack area with three stalls, an approximately 2,800 SF steel-frame storage structure, and an owned solar system. These improvements provide potential interim occupancy and storage utility while preserving the propertys longer-term development potential. The property is strategically positioned in the path of progress, with substantial residential development and infrastructure improvements planned in the immediate vicinity. Directly west of the property, a proposed 98-lot residential subdivision is progressing through entitlements, with construction anticipated to begin in 2027. This development is also expected to bring a new traffic signal to the intersection of Winchester Road and Olive Avenue, improving circulation and accessibility in the area. Farther along Olive Avenue, an additional approximately 56-acre residential development is working through entitlements with a homebuilder. This project is anticipated to extend and improve Olive Avenue through to its property, prov