DEAL PENDING | Palisades Ranch (“Project”) is one of the best located finished lot opportunities in the San Jacinto Valley. Located in the southerly portion of San Jacinto and in close proximity to schools and community retail, the Project is situated just west of Sanderson Avenue, at the northeast corner of Cawston Avenue and Seventh Street.
Palisades Ranch was originally developed by Covenant Homes in the mid-2000’s. Once home production started, Covenant only built and sold the first few phases of the project (33 homes), before ultimately being forced by their construction lender to sell the property. In 2010, the current owner acquired the project in a short-sale.
The Project was originally approved for 116 total residential lots, and included a park and retention basin along it’s westerly edge. There are currently 83 remaining home sites within the community. The minimum lot size for the remaining lots are 7,200 SF, with the majority of the lots ranging in size from 7,800 SF to 8,300 SF.