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$21,000,000

28057 Bay Ave Moreno Valley, CA 92555

21.2 acres
Land

Property details

About 28057 Bay Ave

-Prime 21.19 Acre Apartment Site -500 Unit Apartment Development to have Full Entitlements by Fall 2025 -Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024 -City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years -Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City -An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025 -Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion -Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City

Highlights

Home typeOther
StatusActive
Lot size21.19 Acres
MLS #IV25143930

Summary

  • List Price: $21,000,000
  • HOA Amount: $0
  • Directions: Located Near NEC of Moreno Beach dr & Alessandro Blvd, just north & east of the corner
  • Lot Size: 21.19 Acres
  • MLS Number: IV25143930
  • MLS Name: CRMLS
  • Office Name: DIVERSIFIED REALTY INC.
  • Office Phone: (951) 567-3849
  • Listing Agent: JERRY STEPHENS

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Ridge Crest Elementary School

Public District KG-6

1.1 mi

28500 John F Kennedy Dr

3

La Jolla Elementary School

Public District KG-5

1.2 mi

14745 Willow Grove Pl

4

Moreno Elementary School

Public District KG-5

1.4 mi

26700 Cottonwood Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,238. The majority of Moreno Valley, CA residents have income between $35k-100k annually. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
35%
35k-100k
32%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • SoccerSoccer
  • NASCARNASCAR

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • SonicSonic
  • Jimmy JohnsJimmy Johns
  • ArbysArbys

What do the neighbors drive?

  • KiaKia
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 28057 Bay Ave

The listing price of 28057 Bay Ave property is $21,000,000.

The property 28057 Bay Ave is land located in Moreno Valley, California, 92555.

Active Listing: 28057 Bay Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 28057 Bay Ave are: Ridge Crest Elementary School (GreatSchools Rating 5/10), La Jolla Elementary School (GreatSchools Rating 3/10), Moreno Elementary School (GreatSchools Rating 4/10), Landmark Middle School (GreatSchools Rating 5/10), Mountain View Middle School (GreatSchools Rating 3/10), Butterfield Language Academy (GreatSchools Rating 4/10), Valley View High School (GreatSchools Rating 6/10), Vista Del Lago High School (GreatSchools Rating 5/10), Leadership Military Academy (GreatSchools Rating 2/10).

The property 28057 Bay Ave is 21.19 acres.

This home is located at 28057 Bay Ave in Moreno Valley, CA and zip code 92555 in the Rancho Belago neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $21,000,000.

In June 2025 more than 61 listings in Moreno Valley, CA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 22 were sold below. In June 2025 in Moreno Valley, CA there were 3.2% less homes for sale than in May. The median list price of listings available in June 2025 was $560,000, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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