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23524 Pico Avenue, 
Menifee, CA 92585

$4,950,000


4

Beds


3

Baths


1,609

Sq Ft


Single Family

Active

Listed by

Glenn Kean

First Team Real Estate

951-699-9080

Last updated:

March 6, 2026, 11:42 AM

MLS#

SW25274613

Source:

CRMLS

About This Home

23524 Pico Avenue

Great Single Family Home, Farm, Ranch or Development Opportunity in excellent location! This exciting property offers 18.36 +/- flat and usable acres, a single-story home, 6,000 sq ft warehouse and several outbuildings in Unincorporated Riverside County (Menifee address)! Currently Zoned RA, the fulure land use if developed could be RC-LDR, meaning homes on larger lots could be built here. The property consists of 2 APNs: 309-22-007 and 006. This is the first time the property is offered for sale since 1990. Property features all utilities on site, plus 3 septic systems, Frontier and Spectrum and 2 alarms. The steel warehouse was built in 1991, with 1253 +/- sq ft office space, 5 offices, a bathroom and reception area. There are 10 parking spaces and 1 ADA-compliant parking space, plus a 2-car garage attached to the home (built in 1961). With 1609 +/- sq ft, the home features 4 bedrooms and 2 baths, living room, family room, kitchen and screened porch with newer roof and HVAC system. Plenty of room for your business, animals, toys and projects, or how about some dry farming? Owner may carry with 50% down. If you are looking for a property that can serve many needs, look no further!

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1961

Price Summary

4,950,000

$3,076 per Sq. Ft.

MLS #:

SW25274613

Last Updated:

March 6, 2026, 11:42 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,609 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,609 Sq. Ft.

Year Built:

1961


Lot

Lot Size (Sq. Ft):

698,266


Finances & Disclosures

Finances

Price:

$4,950,000

Price per Sq. Ft:

$3,076 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Village Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Village Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.