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21940 Palomar, Wildomar, CA 92595

$4.15M3bd · 2ba · 1,669 sqft
Lot 245,678 sqft•Single Family Residence•
Active
•40d on market•MLS# SW-26190583

Property 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.

Features & Amenities

FeeBuilt 1936

Property Details

Land Type
Fee
Year Built
1936
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
15
Garage Spaces
15
Heating
Central
Cooling
Central Air
View
Hills
Flooring
Wood
City
Wildomar
Zip Code
92595
County
Riverside
Listed bySimpliHOM, Jessica Davidson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,984.66
Principal & Interest
Loan Amount
$3,320,000
Total Interest
$4,234,477
Total Payment Over 30 Years
$7,554,477
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

21940 Palomar, Wildomar, CA 92595

Wildomar · Single Family Residence

$4.15M
Luxury Tier
Beds
3
Baths
2
Sqft
1,669
Lot
5.64 ac
Year
1936
$/Sqft
$2487
Pool: No✓
View: mountain✓
Garage: 15-car✓

Listed 528.8% above the median closed sale of $660,000. Price per sqft ($2,487) is a 576% premium to closed comps ($368). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.15M· $2,487/sqft
Total list price
Closed comps
vs closed median $660K
+$3.49M (+528.8%)
Active comps
vs active median $560K
+$3.59M (+641.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $357
+$2K (+596.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
34915 OrangeWildomar1968321,78820,038$380$679,9008371
21460 Vine StreetWildomar1961321,32511,761$423$560,0003067
32812 Almond TreeWildomar1983321,34411,761$353$475,0004667
34663 The FarmWildomar1986321,3447,405$342$460,0008566
24972 Butterchurn RoadWildomar2005421,99710,454$288$574,5004864
Total: 5 · Average3.22.01,559.612,283.8$357.2$549,88058.4
Median1,344$560,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
34925 Cameron LnWildomar198008/14/2026421,62131,363$739,999$700,000$4320.9527571
35670 Dulock RoadWildomar200809/23/2026321,8248,276$615,000$575,000$3150.943169
23270 TwinflowerWildomar199508/13/2026421,6907,841$600,000$600,000$3551.006169
24000 Crab HollowWildomar198909/10/2026321,920281,398$749,900$745,000$3880.9918069
35369 Chiwi CircleWildomar198708/12/2026321,8999,147$660,000$660,000$3481.004668
Total: 5 · Average3.42.01,790.867,605$656,000$656,000$367.6—118.6
Median1,824$660,000$660,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.