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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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Waalew, Apple Valley – $1,895,000

  • $1.9M Price
  • 36.31 Acres
  • 70 DOM
  • $1.9M Price
  • 36.31 Acres
  • 70 DOM

Waalew

±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

Essential Information

  • MLS® #IV26120033
  • Price$1,895,000
  • Bathrooms0.00
  • Acres36.31
  • TypeLand
  • StatusActive

Community Information

  • AddressWaalew
  • AreaAPPV - Apple Valley
  • CityApple Valley
  • CountySan Bernardino
  • Zip Code92307

Amenities

  • ViewMountain(s)

Exterior

  • Lot DescriptionSixteenToTwentyUnitsAcre

Additional Information

  • Date ListedJuly 17th, 2026
  • Days on Market70
  • ZoningRM

Listing Details

  • AgentBarbara Monroy
  • OfficeBM INVESTMENT CO
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Barbara Monroy, BM INVESTMENT CO.

Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2026 at 9:26pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.