About This Home

This 4-bedroom, 3-bathroom single family at 23524 Pico Avenue in Menifee, CA is listed for $3,950,000 ($2,455 per sqft). Built in 1961, the home offers 1,609 sqft of living space on a 18.60 acres lot.

Key Features

  • Built in 1961
  • 18.60 acre lot
  • 13 parking spaces
  • Fireplace

Property Details

1 story
3 full
2-car garage
1961

Amenities

FireplaceA/CRV Parking
Listing Description

Unbelievable Opportunity on 18.6 Acres! Endless possibilities await with this exceptional 18.6-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.

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 only 1200 ft away + or -. 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.

Monthly Cost Estimate

$21,125/mo

20% down · 6.5% · 30 years

Principal$2,857
Interest$17,117
Insurance$1,152

Estimates only. Actual payments may vary.

Location

23524 Pico Avenue

Menifee, CA 92585

Features & Amenities

Interior Features

PantryTile Counters

Property Details

Flooring

VinylCarpetTile

Outdoor Features

Porch

Parking

GarageDrivewayRV

Heating

Fireplace(s)Central

Cooling

Whole House FanCentral Air

Appliances

Water HeaterDisposalRefrigeratorGas Water HeaterElectric RangeElectric OvenDishwasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 23524 Pico Avenue is listed at $3,950,000 ($2,455/sqft). The estimated monthly payment is $21,125 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1961, 18.60 acre lot, 13 parking spaces, Fireplace. Interior Features: Pantry, Tile Counters.

This property is listed by Kathy Vineyard.

KV

Kathy Vineyard

License 01498370

Agent at Diamond Real Estate Group

Listed by Diamond Real Estate Group · Broker phone: (951) 672-6712 · Broker website

MLS# SW26142842· Source: California Regional Multiple Listing Service, Inc· 118 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.

23524 Pico Avenue, Menifee, CA 92585

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