23524 Pico Avenue

Menifee, CA
$ 3,950,000 Beds 4 Baths 3 Sq 1,609 Virtual Tour
Monthly Estimate* How much can I afford?

Unbelievable Opportunity on 18.56 Acres! Endless possibilities await with this exceptional 18.56-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. With a 2 car attached garage. 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. There are two alarm systems, one on home and one on Building. SELLER MIGHT BREAK UP INTO 3, 5 ACRE PARCELS AND 1 PARCEL WITH HOME AND WAREHOUSE 3.6 ACRES 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 about 1200 ft. from property. 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, Buyer to do their own due diligence about information of this property, going to the county, looking up permits etc!!!!!!

Active

  • Price
  • $ 3,950,000
  • City
  • Menifee
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Riverside
  • Half Bathrooms
  • 0
  • Area
  • Southwest Riverside County
  • Lot Size
  • 18.6 Acres
  • Zip
  • 92585
  • Sqr Footage
  • 1,609
  • Year Built
  • 1961
  • Style
  • MLS#
  • SW26142842
Listed By: Kathy Vineyard with Re/Max Diamond Prestige; 951-830-6716
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1609
Sewer Septic Tank
Heating Central,Fireplace(s)
Cooling Central Air,Whole House Fan
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Not Available,Water Connected
Possession Close Of Escrow,See Remarks
Roof Composition
Appliances Dishwasher,Electric Oven,Electric Range,Disposal,Gas Water Heater,Refrigerator,Water Heater,Dryer,Washer
Garage Spaces 2
Patio/Porch Features Rear Porch,Concrete,Covered,Enclosed,Porch,Screened
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Year Built 1961
Electric 220 Volts Other,220 Volts in Garage,220 Volts in Kitchen,See Remarks,Standard
View Mountain(s),Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Horse Trails,Mountainous,Rural
Accessibility Parking
Additional Parcels Description 309220006
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Facing Direction West
Garage Y/N true
Other Structures Outbuilding
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions From the 215 fwy, east on Hwy 74, north on Menifee rd. west on Ellis, right on Pico Ave
City Menifee
Disclosures Manufactured Homes Allowed
Entry Location 1
Senior Community Y/N false
High School District Menifee Union
Open Parking Spaces 11
Number Of Units Total 1
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Acres
Lot Size Square Feet 810216
Listing Terms Cash,Conventional,1031 Exchange,Private Financing Available
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N true
Lease Considered Y/N false
Virtual Tour https://markurbrand.aryeo.com/sites/rmojymwo/unbranded
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 557
Property Sub Type Additional Single Family Residence
PostalCity MENIFEE

Interior Features

Interior Amenities Separate/Formal Dining Room,Eat-in Kitchen,Pantry,Tile Counters,All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Walk-In Pantry
Flooring Carpet,Tile,Vinyl
Fireplace Features Family Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Screens
Fireplace Y/N true
Laundry Features Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Garage
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 3
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Fencing Chain Link
Parking Features Concrete,Direct Access,Driveway Level,Driveway,Garage,RV Garage,RV Access/Parking,One Space,Garage Faces Side
Lot Features Corners Marked,Horse Property,Lot Over 40000 Sqft,Level,Street Level
Water Source Public
Total Parking 13
Inclusions stove/oven, dishwasher, Refrigerator, washer and dryer, 2 alarm systems.
Lot Size Area 18.6
Foundation Details Slab
Spa false
Lot Size Acres 18.6
Road Surface Type Paved
Private Pool false
Lot Size Source Survey
Road Frontage Type Country Road
Horse Y/N true
Horse Amenities Riding Trail

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/1/2026 Listed $3,950,000

Property vs Zip Code Average in 92585

Price
AVG $650K
$3.95M
Year Built
AVG 2009
1961

Areas That We Cover

23524 Pico Avenue Menifee, CA is a Single Family Home for sale at $3950000 with 1609 sqft and a lot size of 18.6 Acres Acre(s). 23524 Pico Avenue Menifee has 4 bedrooms, 3 baths and was built in 1961. The property's zip code is 92585 which is in Menifee, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Chris Lechner

Chris Lechner

951-319-2636

Find your home's value