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±36 Acres | High-Density Residential Development Opportunity | North Apple Valley Growth Corridor Rare opportunity to acquire approximately ±36 acres of multifamily zoned land in North Apple Valley with potential for up to 720 units (20 units per acre) (buyer to verify). Strategically positioned on paved Corwin Road and Waalew Road, the property offers significant long-term development potential in an area experiencing continued public and private investment. Located near the expanding North Apple Valley growth corridor, the site benefits from being adjacent to the North Apple Valley Industrial Specific Plan (NAVISP) area, where major approved and under-development employment and logistics projects will help drive regional economic growth and job creation. As North Apple Valley continues to evolve, housing demand may benefit from increasing employment opportunities in the surrounding region. With approximately ±36 acres, the property presents a compelling opportunity for multifamily, build-to-rent, townhome, or master-planned residential concepts, subject to buyer verification, approvals, and development standards. Property Highlights ? ±36 Acres of residential land potential up to 20 units per acre (buyer to verify) ? Approximate development potential of up to ±720 units at maximum density (subject to approvals and site constraints) ? Located near Corwin Rd & Waalew Rd ? Near Brightline project ? Near expanding employment growth and major approved industrial investment in North Apple Valley ? Opportunity for developers, homebuilders, multifamily, or build-to-rent investors ? Large-scale land holding in the path of regional growth
Listing agent: BARBARA MONROY DRE #01230892 BMINVESTMENTCO@YAHOO.COM, Listing office: BM INVESTMENT CO
MLS data updated 10/25/2026, 12:26:44 AM PT
Source: CRMLS, MLS #: IV26120033
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 17, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,895,000Original asking price · Jul 17, 2026ZIP 92307 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.