Mission Ranch Mission Ranch, Riverside, California (more info.)

Created by the principals of Mission Pacific in a joint venture between Entrepreneurial Properties Corporation and Sheffield Homes, Mission Ranch is a 400+ acre, 1,250 lot master-planned residential community located in Riverside, California.

Over a six-year period, principals of Mission Pacific were primarily responsible for acquiring twelve different parcels of land from ten different sellers, designing ten separate residential tract maps, annexing the property and surrounding area into the City of Riverside, installing major regional infrastructure (including two sewer lift stations) and establishing a community facilities district. The sale of 340 acres of individual tract maps was consummated to Centex Homes, Richmond American, Beazer Homes, Joseph Nicholas Homes, and to the Riverside Unified School District for both a middle school and elementary school.

The development venture continues to own 60 acres of premier property in Mission Ranch, comprised of a residential tract map of 103 lots.

Stellan Ridge Stellan Ridge Stellan Ridge
Stellan Ridge Stellan Ridge Stellan Ridge
Stellan Ridge Stellan Ridge Stellan Ridge

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Stratford Ranch Stratford Ranch, Perris, California (more info.)

Stratford Ranch is a 400 + acre mixed-use development located near Lake Perris and adjacent to a state fairground and park. The Ranch was purchased in 2003 by a joint venture managed by the Mission Pacific principals. Despite significant developmental constraints, including the need to acquire more than three dozen small “window parcels” within Stratford Ranch, Mission Pacific principals were able to entitle and sell nearly 100 acres of property to two separate homebuilders, eliminating all debt on the balance of the property and returning the original investment capital to its partners.

Mission Pacific principals continue to solve the complex and multi-jurisdictional developmental issues facing the remaining 300+ acre balance of the 300+acre Stratford Ranch, which is being entitled for commercial, residential and industrial uses. The development issues include the widening and realignment of a major regional storm drain, the creation of two major detention basins, and the design and widening of the state’s Lake Perris emergency run-off channel.

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Hunter's Ridge Legacy Park, Murrieta, California (more info.)

In October 2010, MPLC acquired Legacy Park, a 109-acre infill property located in Moreno Valley, in an REO sale from Bank of America. The property is conveniently located within three miles of both Highway 60 and Interstate 215.

The property naturally divides into two phases. Phase I contains 140 graded lots (7,200 square foot minimum) with a recorded final map on roughly 34 acres. Phase II contains 74.89 raw acres with R-5 zoning (du/acre) allowing up to 371 units.

MPLC anticipates holding the property for three to five years while the market. During the holding period, MPLC will revise and obtain approvals for the Phase One improvement plans, obtain a tentative map on the 75 acres and value engineer both properties.


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Sumner Ranch Sumner Ranch, Eastvale (Corona/Norco), California

In 2006, Mission Pacific acquired from Centex Homes a 40-acre piece of property, consisting of 137 lots, in western Riverside County’s Eastvale community. In 2007, Mission Pacific sold the property back to Centex, earning a 30% return on its investment.



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Kunny Ranch Kunny Ranch, Riverside, California (more info.)

In December of 2008, Mission Pacific purchased 143 acres of entitled residential land, consisting of 132 lots, from a large public builder. This property, located in one of the most affluent areas of the City of Riverside, was purchased by the builder in 2004. After receiving full entitlement of the property, the builder decided in late 2008 to sell the property for tax reasons. After unsuccessfully negotiating the sale of the property to two different buyers in late 2008, in the final two weeks of the year Mission Pacific negotiated the terms of the purchase and sale, performed due diligence, and closed on the property by year-end.

Although Mission Pacific bought the property for a 3-5 year hold, it has already sold a portion of the property for a gain.


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Perris Evans Road 137, Perris, California (more info.)

In late 2009, Mission Pacific acquired 137 partially improved lots in one of the most desirable locations within the City of Perris, California. The property was acquired by a private developer in 2006 for $12.2 million. The home builder later defaulted and the property went into foreclosure. Mission Pacific acquired the property in late 2009 at a trustee sale for a fraction of the property’s peak value.


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Stellan Ridge Stellan Ridge, Riverside, California (more info.)

In December 2009, Mission Pacific acquired Stellan Ridge from a large public homebuilder in a tax-driven sale. The property, which includes 28 graded or finished lots and 20 unimproved lots, is located in one of the most affluent areas of Riverside, adjacent to MPLC’s previously acquired Kunny Ranch project. Mission Pacific’s ability to perform in less than two weeks enabled it to acquire the property at a significant discount to the property’s replacement cost.


Stellan Ridge Stellan Ridge Stellan Ridge


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French Valley French Valley South, Riverside County, California (more info.)

In late 2009, Mission Pacific acquired, in connection with a workout of a note collection, French Valley South, a 320-lot project located in unincorporated Riverside County near the City of Temecula. The property, which is in the desirable Temecula Unified School District, has an approved tentative map and substantial engineering completed.


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JBJ Ranch JBJ Ranch, South Corona, CA (more info.)

MPLC acquired JBJ Ranch in November 2010 from Levine Investments, a land banker for Meritage Homes. JBJ Ranch, which contains 160 acres, is located along Interstate 15 within the supply-constrained South Corona submarket northwest of Lake Elsinore. The property is accessible from the Indian Truck Trail exit and is located roughly 11 miles south of the Interstate 15/91 Freeway interchange.

The property was acquired with an approved tentative map (#31818) for 310


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