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32240 Simpson Road, Winchester, CA 92596

$1.5M3bd · 3ba · 2,252 sqft
Lot 369,824 sqft•Single Family Residence•
Active
•43d on market•MLS# TR-26189769

Property Description

BUILDERS • DEVELOPERS • INVESTORS — TAKE NOTICE! Rare opportunity to acquire approximately 8.49 acres of predominantly flat, usable land in the highly sought-after 92596 area, surrounded by significant residential growth. Major national homebuilders are actively developing multiple master-planned communities and individual residential projects nearby, making this an exceptional opportunity to secure a substantial piece of land in an expanding development corridor. The property includes an existing large 3-bedroom, 3-bathroom home featuring a formal dining room, spacious family room, and bonus room attached to the garage. The existing residence offers flexibility for an owner-user, rental income, or continued use while the property's future potential is evaluated. A large portion of the acreage is currently leased to a family of plant and flower growers, creating an existing income-producing agricultural use while allowing a future owner to explore the property's highest and best use. The combination of 8.49 acres, flat terrain, existing improvements, current agricultural use, and surrounding residential development makes this a property worth serious consideration by builders, developers, land investors, and buyers looking for a strategic long-term investment in 92596. Potential buyers and agents should conduct their own due diligence with the City/County and other applicable agencies regarding zoning, general plan designation, subdivision potential, density, utilities, access, development standards, and all other possible uses. No representation is made regarding future development approvals or the number of potential lots/units. CALL TODAY for additional information, due diligence materials, or to schedule a PRIVATE SHOWING.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills
City
Winchester
Zip Code
92596
County
Riverside
Listed byPremier Properties, Alfonso Tautimez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,584.82
Principal & Interest
Loan Amount
$1,200,000
Total Interest
$1,530,534
Total Payment Over 30 Years
$2,730,534
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

32240 Simpson Road, Winchester, CA 92596

Winchester · Single Family Residence

$1.5M
Residential Tier
Beds
3
Baths
3
Sqft
2,252
Lot
8.49 ac
Year
1990
$/Sqft
$666
Pool: No✓
View: Hills✓
Garage: 2-car✓

Listed 137.0% above the median closed sale of $632,990. Price per sqft ($666) is a 130% premium to closed comps ($289). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.50M· $666/sqft
Total list price
Closed comps
vs closed median $633K
+$867K (+137.0%)
Active comps
vs active median $625K
+$875K (+140.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $304
+$362 (+118.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
32479 Spun Cotton DriveWinchester2011332,0508,276$312$639,9001075
34253 Aspen AlleyWinchester2026332,1985,554$310$680,99017572
36287 Tahoe StreetWinchester2006431,9995,663$310$619,0003872
31680 PompeiWinchester2005431,9996,098$313$624,9997572
34592 Wintersweet LaneWinchester2004432,0245,227$276$559,0005771
Total: 5 · Average3.63.02,0546,163.6$304.2$624,777.871
Median2,024$624,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29489 Encelia LaneWinchester202609/16/2026332,0333,631$599,990$599,990$2951.007172
31469 Burflower DriveWinchester202609/25/2026432,2395,588$632,990$632,990$2831.007172
31293 White Bark DriveWinchester202609/23/2026432,2394,920$649,990$649,990$2901.006172
31269 Willow Oak DriveWinchester202609/18/2026432,2395,965$669,990$669,990$2991.006472
28463 Memory LaneWinchester202209/16/2026432,2278,712$585,000$615,000$2761.055972
Total: 5 · Average3.83.02,195.45,763.2$633,592$633,592$288.6—65.2
Median2,239$632,990$632,990

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.