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For Sale

33180 Olive

33180 Olive, Winchester, CA 92596

$1,100,000
Exceptional +-2.92-acre Mixed-Use (MU) investment opportunity located less than 700 feet from Highway 79 in the core of Winchester's high-growth corridor. This flat, fully usable parcel is strategically positioned amid major retail and expansive residential development, offering immediate functionality and long-term redevelopment potential. With utilities available at the street (power, gas, water, and sewer), this site is ready for a range of development or income-producing uses.
The property features a well-maintained 1,746 sq. ft. residence that provides immediate rental or owner-user potential. The 3-bedroom, 1.5-bath home has been substantially upgraded, including a new roof, a 33-panel SunPower solar system generating approximately 10kW, attic and whole-house fans, recessed lighting, and ceiling fans in every bedroom. The kitchen includes custom cabinetry with solid American Walnut butcher block countertops, while the remodeled bath features designer tilework and a cast-iron tub. Enlarged Argon gas premium windows, a wood-burning fireplace, and modern systems enhance overall comfort and efficiency.
Site improvements further enhance usability: a large custom-built patio cover with lighting and electrical outlets, concrete walkways around 85% of the home, full perimeter lighting, and an electronic gated entrance with camera security and remote access. In addition, the property includes a 3-stall barn with tack room (under 25'x60' cover) and a 35'x80' steel-frame storage structure, ideal for materials storage or business operations.
The MU zoning in unincorporated Riverside County allows for exceptional flexibility--permitting residential, commercial, or hybrid live/work applications. Developers and investors will appreciate the site's potential for subdivision, mixed-use development, or continued hold with income from the existing improvements. Comparable MU parcels in the immediate area indicate strong underlying land value and appreciation trends.
This is a rare chance to secure nearly 3 acres of fully usable, mixed-use-zoned land in one of the Inland Empire's fastest-growing areas--just off Highway 79 and minutes from Winchester Road retail and residential hubs. Perfect for a strategic investor, small-scale developer, or owner-operator seeking an adaptable asset with both immediate income and long-term upside.

1,746 Sq.Ft. LIVING AREA

2.92 Acres lot

Aaron Zapata

Aaron Zapata

Todd Anderson

Todd Anderson

Features & Amenities

Interior

  • Laundry room Inside, Laundry Room

Area & Lot

  • Status For Sale
  • Living Area1,746 Sq.Ft.
  • Total Area1,746 Sq.Ft.
  • Lot Area2.92 Acres
  • MLS® IDPW25255552
  • TypeCommercial
  • YEAR BUILT1970

Exterior

  • STORIES1
  • water SourcePublic
  • roofComposition
  • lot featuresBack Yard, Front Yard, Level, Rectangular Lot, Ranch, Street Level, Value In Land, Yard
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • security FeaturesSecurity System, Security Gate, Security Lights

Financial

  • Sales Price$1,100,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 33180 Olive, Winchester, CA 92596. We are reviewing your request and will be in touch shortly!

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The Bald Brothers Team is dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact them today for a free consultation for buying, selling, renting, or investing in California.

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