24484 Olive Street
Menifee, CA, 92584 $ 90,000
Baths0.0 Monthly Estimate*
$ 554
Listed by Reliable Realty Inc.
Studio for $90,000. The lot size is 0.84.
A rare canvas where nature, vision, and opportunity meet. Welcome to an exceptional 0.84-acre (36,590 sq ft) corner parcel perfectly positioned at the crossroads of Menifee, Wildomar, and Lake Elsinore—a location that offers both tranquility and connectivity. Framed by mature oak trees, expansive usable land, and a seasonal creek that gently traces the property, this land feels like a private escape while remaining close to everything. This rectangular corner lot enjoys multiple access points from Palm Ave, Olive St, and Cottonwood Canyon Rd, offering flexibility for future development, a custom estate, a small ranch-style retreat, or a long-term investment. The land’s natural beauty creates an inspiring setting—whether you’re envisioning morning coffee beneath the oaks, sunset walks along the creek bed, or designing a home that blends seamlessly with its surroundings. What truly sets this property apart is the extensive due diligence already completed by the current owner, Available plans and reports include: Perc Test, Soil Test, Survey, Septic Plan, Leach Line Plan, Conceptual Grading Plan, Site Plan, and Transportation Permit. Refer to listing supplements for full details and documentation. Fresh to market as of February 2nd. A unique opportunity to acquire a well-prepared, buildable parcel with natural character and development potential. Buyer to verify all information, zoning, and intended use with local authorities.
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FeaturesGeneralUtilities Water Not Available
Zoning R-R
HOA Fee 0
View Mountain(s) Neighborhood
Community Features Rural Suburban
County Riverside
New Construction false
Property Type Land
HOA false
Special Listing Conditions Standard
Status Active
Directions Cottonwood X bundy canyon drive on dirt road 4X4 vehicle maybe ideal
City Menifee
Senior Community Y/N false
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 36590
Listing Terms Cash Owner May Carry
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 16
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ExteriorLot Features 0-1 Unit/Acre
Water Source None See Remarks
Lot Size Area 36590
Lot Size Acres 0.84
Lot Size Source Assessor
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* Excluded FeaturesList ByReliable Realty Inc.Broker
homesbymelina@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $554
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Menifee, CA
Average List Price $334,585
Percent of Sale Price 272%
About Menifee, CA 96,543 Population
127% Since 2002
$ 59,044 Median Income
39.49 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/9/2026 | $90,000 | -5.26% | Price Down |
| 2/4/2026 | $95,000 | | Listed Price |