Woodc SALE PRICE: $2,600,000 County Of Riverside Over 8,500 Feet Of Frontage On CA State Highway 79 Potential Winery/Resort, Retreat Or Conservancy Land Court Approved Bankruptcy Sale Potential For Vail Lake Lake Rights auba Rd 303.56 Acres Vail Lake Fire Trail TEMECULA VAIL LAKE PECHANGA RESORT & CASINO Subject Property N
This sale is a bankruptcy sale. The owner of the property is a company that is a debtor in possession in a chapter 11 bankruptcy case before the bankruptcy court in San Diego. Therefore, the sale is subject to the approval of the bankruptcy court. This is done by filing a motion with the court under Section 363 of the Bankruptcy Code, requesting that the court approve the transaction with the buyer. Approximately a month later, a hearing will be held before the court to determine whether to approve the sale. If there is more than one offer for the property, the court will determine which offer provides the highest and best value for the property and may approve such offer, subject to overbid by other interested buyers. One advantage to bankruptcy sales such as the transaction here is that such sales are designed to facilitate the debtor s ready realization of value from its property, while giving the buyer a degree of certainty that it will obtain clear title to the property. If you have questions regarding the bankruptcy process, please contact us. 2
PAGE CONTENT 4 AERIALS 6 LOCATION MAP 7 PROPERTY INFO 8 PHOTOS 9 PLAT MAP No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice. 3
AERIALS Pauba Rd Vail Lake Fire Trail 183.12 Acres 120.44 Acres Woodchuck Rd 4
AERIALS GALWAY DOWNS VAIL LAKE Pauba Rd Subject Property Woodchuck Rd 5
RIVERSIDE LOCATION MAP BREA 57 ANAHEIM YORBA LINDA 91 71 NORCO CORONA 15 91 MORENO VALLEY PERRIS 60 BEAUMONT 79 SAN JACINTO BANNING SAN JACIN WILDERNE 55 261 241 LIMESTONE CANYON REGIONAL PARK 74 SUN CITY HEMET 74 405 COSTA MESA NEWPORT BEACH 1 133 73 CASPERS REGIONAL PARK LAKE ELSINORE 15 215 MURRIETA SAN BERNARDINO NATIONAL FOREST LAGUNA BEACH 5 DANA POINT SAN JUAN CAPISTRANO TEMECULA VAIL LAKE 371 CAMP PENDLETON MARINE CORPS BASE FALLBROOK Subject Property 303.56 Acres 79 VAIL LAKE Subject Property 303.56 Acres Woodchuck Rd 6
PROJECT INFO PROPERTY FEATURES LOCATION: The property is located near the City of Temecula, California adjacent to the south of CA State Highway 79 on the west side of Woodchuck Road. Located approximately 1 mile southwest of Vail Lake, the site is in a rural, but highly desirable area of Eastern Temecula/Riverside County. - There are 3 entries into the property JURISDICTION: County of Riverside APN & ACREAGE: 927-320-062 183.12 Acres 927-320-063 120.44 Acres 303.56 Total Acres ZONING: GENERAL PLAN: PROPOSED PROJECT: R-R (Rural Residential) - 1DU/2.5 Gross Acres - Approximately 100 Acres NOT in MSHCP OS - RVR - 1DU/20 Acres Winery, retreat, conservation land, or potential subdivision SERVICES: Electricity/Natural Gas Southern California Edison Fire Riverside County Fire Dept. Police Riverside County Sheriffs Dept. CURRENT IMPROVEMENTS: Mostly vacant land with some trailers and some storage structures SALE PRICE: $2,600,000 CLICK HERE FOR ZONING INFORMATION CLICK HERE FOR GENERAL PLAN LAND USE 7
PHOTOS 8
PLAT MAP 9
For More Information, Please Contact: 760.929-9700 10