Nestled within the picturesque landscapes of San Diego County lies a pristine 123-acre property in the heart of Fallbrook – the “Avocado Capital of the World.” This expansive site, characterized by its moderate semi-graded terrains and the serene beauty of riparian easements-canyons, offers an unparalleled canvas for luxury living amidst the natural beauty and cultural richness of Fallbrook.

Key Features:

• Entitlements: The property boasts entitlements for 33 estate lots, presenting a unique opportunity to craft a high-end residential enclave in a town celebrated for its agricultural heritage and vibrant arts scene.
• Utilities: Thoughtfully planned for both dry and wet utilities, the site is primed for development. Detailed estimations for utility provisions are meticulously laid out in the Cost to Complete (CTC) study.
• Condition: Currently vacant with partial improvements, the land is a step ahead in the development process.
• Zoning:  Residential-Vacant Land.

Fallbrook Highlights:

• Cultural Richness: From the annual Avocado Festival to the bustling art galleries, Fallbrook is a hub of cultural activities.
• Natural Splendor: Surrounded by rolling hills and serene orchards, the town offers picturesque views and outdoor recreational opportunities.
• Community Spirit: Known for its friendly residents and close-knit community, Fallbrook ensures a warm welcome to its newcomers.

This property is not just a piece of land; it’s an opportunity to be part of a prestigious community in one of California’s most charming towns. Shape the future of upscale living in Fallbrook, where luxury meets culture and nature.

· 9.46 DU/AC

· Water & Sewer to site

· Located in Hemet Center

The property is zoned R1 (2.5-5 d.u./acre) and is entitled for 174 lots (7,200 SF), a 2.79 acre park and a .81 acre water quality basin.

Location Highlights

The City of Menifee is located in the heart of South West Riverside County which is considered the commercial and tourism “gem” of the county. Incorporated in 2008, the relatively young city is bordered by the economically vibrant cities of Murrieta,Riverside,Temecula. To the West is the newly incorporated City of Wildomar and to East is unincorporated Riverside County territory.

Menifee has a Mediterranean climate amenable to year round recreation, and has close proximity to public golf courses and lakes, the Temecula Wine Country, Pechanga Resort and Casino and the numerous tourist destinations of San Diego and Orange Counties.

Hemet Information

• Hemet is a city in the San Jacinto Valley in Riverside County, California, United States.
• It covers a total area of 27.847 square miles, about half of the valley, which it shares with the neighboring city of San Jacinto.
• The population was 78,657 at the 2010 census.
• The founding of Hemet predates the formation of Riverside County. The formation of Lake Hemet helped the city grow and prosper, and stimulated agriculture in the area.
• The city is known for being the home of The Ramona Pageant, California’s official outdoor play. Started in 1923, the play is one of the longest running outdoor plays in the United States.
• Hemet has been named a Tree City USA for 20 years by the Arbor Day Foundation for its dedication to the local forest.
• The city is home to the Hemet Valley Medical Center, a 320-bed general hospital
• Hemet is also noted for the 46th Agricultural District Farmer’s Fair of Riverside County, which had its beginning  in 1936 as the Hemet Turkey Show.
• Hemet is also known for The Ryan School of Aeronautics, which has trained about 6,000 fliers for the Army Air Force between 1940 and 1944.
• Hemet Ryan Airport exists today at the site of the original Ryan Flight School.

Demographics

• According to the California Economic Development Department, in 2005 the economy of Hemet was based on four main industries: retail trade, health and educational services, and government.
• These industries provide 4,734, 4,441, and 3,946 jobs respectively.
• The amount of wage and salary positions in Hemet is 22,769, with a further 1,479 people were self- employed, adding up to a total of 24,248 jobs in the city.

Located at the exit for the Bellingham International Airport. Locted one exit west of the the Bellis Fair Mall. It’s found 25 miles south of the US/Canadian border. The property is currently in the process for Annexations into the City of Bellingham.

Strengths

Bellingham-31 consists of thirty-one (31) acres in the unincorporated County of Whatcom, State of Washington near the City of Bellingham. The property is conveniently located at the Freeway exit(s) of Bakerview off-ramp and Interstate Freeway I-5. Merits include:
• Location: excellent location offering ease of access and development.
• Visibility: each parcel enjoys excellent highway visibility and access.
• Location influences: located at the Bellingham International Airport exit. Also within immediate drive to major retail shopping (Bellis Fair Mall). Also, twenty-five (25) miles south of the U.S. – Canadian border.
• Zoning: Commercial industrial and Business Park.
• Political Influences: potentially allowing for (immediate) annexation into the City of Bellingham.

Bellingham, Washington is about 90 miles north of Seattle, 21 miles south of the Canadian border and about 52 miles south of Vancouver, B.C. The City encompasses about 28 square miles, with north Puget Sound and the San Juan Islands to the west and snow-capped Mount Baker and the North Cascade mountains to the east.

As of the census of 2010, there were 80,885 people, 34,671 households, and 16,129 families residing in the city. The mean annual salary of a wage earner in Bellingham is $37,990.

The parcel consists of 7.78 gross acres with 3.70 net buildable acres on moderately slopping northwest terrain. The site is currently vacant and undeveloped with improved roads contiguous the site. Residential units will be situated in the northeast portion of the site (48 units). Tentative map pending August 2016.

The land is bound on the east by an existing church (not part of the property) and to the south by an existing residential development and vacant land. Sunset Road is slated for realignment and existing street improvements allow for connection to all wet and dry utilities. Open terrain offers an opportunity for park/recreational amenities.

Emerald Ridge boasts easy access to main thoroughfares in the Southern California region with San Diego as the sixth largest city in the nation. North County San Diego is a centralized location for many to live, work and play due to the proximity to Downtown San Diego, Orange County, Los Angeles and the Inland Empire. The City is bordered to the North by the US Marine Corps base Camp Pendleton and much of the city reflects its military influence.

Narrative

The site is triangular in shape, presentably undeveloped and consists of various factors including:

• Plans / Entitlement: Plans available for a 48 unit townhome complex. Project could be offered as an approved project. Eliminating entitlement risk would increase the value and enhance the marketability of the site.

• Views: Many of the units would have a slight / obstructed ocean view and most units would views of the valley.

• Density: surrounded by various residential development including single family tract homes, multi-family apartments, residential condominium project.

• Services: well located among various services including restaurants, offices services such a postal, copy centers as well as recreation amenities and shopping food markets.

• Streets: residential street surround the site allowing for ease of access for project circulation and development. Additionally, the fully improved arterials (streets) allow for ease of access to (I-78 + I-15) freeways and distant community services.

• Improvements: street improvements allow for ease + access of utilities such as sewer, water, wet + dry utilities.

The Arbors consists of 17 mapped, 1/2 acre Estate Lots on 11.6 acres in the Community of Fallbrook, in North San Diego County, California. The property is bounded to the North by Mission Road, to the East by Stage Coach Lane and to the South by Gumtree Lane, and has an approved Tentative Tract Map on file with the County of San Diego.

The site is situated in close proximity to shopping, parks and recreation and is adjacent to William H. Frazier Elementary School. There is easy access to Hwy I-15 via Mission Road.

Community Info

Fallbrook is a historic and picturesque semi-rural community community known for its avocado groves and thriving art community. Known as “The Friendly Village” and the “Avocado Capital of the World”, Fallbrook’s 2016 population is 31,882. The community sits 6 miles west of Interstate 15 and 5 miles north of State Route 76 with Camp Pendleton Marine Corp base to the west in North Oceanside. Prevailing ocean breezes produce a moderate climate in the oak tree-studded hills. Fallbrook also sits adjacent to the 1,400 acre Santa Margarita Ecological Reserve, the longest protected coastal river in Southern California.

Hemet Area Highlights

• Hemet is a city in the San Jacinto Valley in Riverside County, California, United States.
• It covers a total area of 27.847 square miles , about half of the valley, which it shares with the neighboring city of San Jacinto.
• The population was 78,657 at the 2010 census.
• The founding of Hemet predates the formation of Riverside County. The formation of Lake Hemet helped the city grow and prosper, and stimulated agriculture in the area.
• The city is known for being the home of The Ramona Pageant, California’s official outdoor play. Started in 1923, the play is one of the longest running outdoor plays in the United States.
• Hemet has been named a Tree City USA for 20 years by the Arbor Day Foundation for its dedication to the local forest.
• The city is home to the Hemet Valley Medical Center, a 320-bed general hospital
• Hemet is also noted for the 46th Agricultural District Farmer’s Fair of Riverside County, which had its beginning in 1936 as the Hemet Turkey Show,.
• Hemet is also known for The Ryan School of Aeronautics, which has trained about 6,000 fliers for the Army Air Force between 1940 and 1944.
• Hemet Ryan Airport exists today at the site of the original Ryan Flight School.

Demographics

• According to the California Economic Development Department, in 2005 the economy of Hemet was based on four main industries: retail trade, health and educational services, and government.
• These industries provide 4,734, 4,441, and 3,946 jobs respectively.
• The amount of wage and salary positions in Hemet is 22,769, with a further 1,479 people were self- employed, adding up to a total of 24,248 jobs in the city.