About This Home

This 3-bedroom, 2-bathroom single family at 21940 Palomar in Wildomar, CA is listed for $4,150,000 ($2,487 per sqft). Built in 1936, the home offers 1,669 sqft of living space on a 5.64 acres lot.

Key Features

  • Built in 1936
  • 5.64 acre lot
  • 15 parking spaces
  • Fireplace

Property Details

1 story
1 full, 1 half
15-car garage
1936

Amenities

FireplaceViewA/C
Listing Description

Rare opportunity to acquire approximately 11.7 acres in the City of Wildomar, consisting of three separate parcels being offered and sold together: APNs 380-050-011, 380-050-012 and 380-050-016. This unique property offers an exceptional combination of usable acreage, privacy, mountain views and future development potential in a growing area of Southwest Riverside County.

The property features two separate access points, providing flexibility for future use and circulation, along with two large existing storage barns. The expansive acreage offers plenty of room for a private estate, equestrian use, agricultural or recreational improvements, or potential residential development.

The City of Wildomar has recently updated its zoning and development framework under Envision Wildomar 2040. Portions of the property have historically carried Rural Residential (R-R) and residential zoning, while prior City planning documents have identified portions of the assemblage with residential land-use designations allowing greater density.

This creates an exciting opportunity for builders, developers, investors or an owner-user looking to secure a substantial amount of land within the City. All three parcels are intended to be sold together and Seller's preference is not to separate the parcels.

Buyer and Buyer's Agent are advised to independently verify zoning, General Plan and land-use designations, allowable density, subdivision potential, utilities, access, development requirements and all intended uses directly with the City of Wildomar and appropriate agencies. With approximately 11.7 combined acres, multiple parcels, two access points, existing storage structures and beautiful mountain views, this is a rare opportunity to own a significant piece of land with a variety of possibilities in Wildomar.

Monthly Cost Estimate

$22,195/mo

20% down · 6.5% · 30 years

Principal$3,001
Interest$17,983
Insurance$1,210

Estimates only. Actual payments may vary.

Location

21940 Palomar

Wildomar, CA 92595

Features & Amenities

Interior Features

Pantry

Property Details

Flooring

Wood

Views

Hills

Outdoor Features

Porch

Heating

Central

Cooling

Central Air

Appliances

Disposal

Questions & Answers

This 3-bedroom, 2-bathroom single family at 21940 Palomar is listed at $4,150,000 ($2,487/sqft). The estimated monthly payment is $22,195 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1936, 5.64 acre lot, 15 parking spaces, Fireplace. Interior Features: Pantry.

This property is listed by Jessica Davidson and can be reached at 9515228281.

JD

Jessica Davidson

License 01982721

Agent at Signature Real Estate Group

(951) 522-8281
Agent website

Listed by Signature Real Estate Group · Broker phone: (951) 445-4200 · Broker website

MLS# SW26190583· Source: California Regional Multiple Listing Service, Inc· 47 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

21940 Palomar, Wildomar, CA 92595

Open this listing in: