NWC of Slawson Ave. and Kalmia Ave., Moreno Valley, CA 92557, Moreno Valley, CA 92557 For Sale

Serrano Heights is a premier single-family residential development opportunity located in Moreno Valley, California, at the northwest corner of Slawson Avenue and Kalmia Avenue. This exceptional 31.71-acre property comprises two parcels (APNs 474-110-004 and 474-110-014) and is zoned R-5 for residential use. The site features flat to gently sloping topography and is nestled against scenic mountains, offering stunning mountain views and a desirable location for homebuyers. A tentative tract map was previously approved by the City of Moreno Valley for 83 single-family residential lots, providing a clear development pathway. The seller allowed the tentative tract map to expire, creating an excellent opportunity for the buyer to revise the site plan and potentially increase the lot count. The property is located in a growing market with strong demographics, including a 1-mile radius population of 8,939 with a median household income of $83,552. Moreno Valley is home to major employers including March Air Reserve Base, Amazon, and Riverside County Regional Medical Center, providing strong economic fundamentals. The area offers excellent access to major transportation routes including the 215 and 60 freeways, facilitating connectivity throughout Southern California. Utilities are readily available through EMWD (water), Edison (electricity), Southern California Gas Company (gas), and Verizon (telephone). The property is in Flood Zone X, not in the 100-year flood plain, and is served by the Moreno Valley Unified School District. This is an ideal opportunity for developers seeking to capitalize on the growing demand for residential housing in the Inland Empire region.