$799,000
$800,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
3.19 Acres Lot
SOLD DATE : 04/20/2022
Key Details
Sold Price $799,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS19226008
Sold Date 04/20/22
HOA Y/N No
Lot Size 3.190 Acres
Acres 3.19
Property Sub-Type Lots/Land
Property Description
***This is the Ultimate Custom Home Site with a Million Dollar View and Potential Revenue Generating Income. The Seller has a Signed AT&T lease agreement for the installation of a cell phone tower. This will be a 25 year lease at $3,200 a month income with an annual increase of 3%. In Addition, Build your very own Dream Home on this Spectacular 3.19 Acre View Lot with an approximate 1 Acre non permitted Graded Pad which plan and permit is available to act on, 180 Degree View of the Surrounding Mountains and City Lights! This Property Location is Perched High Above the City of Riverside! Already been Done ... Approved Grading Plans, Approved Block Wall and Drainage Plans Permitted on a Time Line to get Started, and paid for. Infiltration Basin Complete without Drainage Hook-Up. Sceptic, no sewer fees to consider. Water, Electric, and Gas Available. Seller is Including Plans for a Fully Custom 6,000 sq ft Home and Pool House/Casitas, which will need to be Approved. This is the Premiere in Home Building. Upon Completion, This would Easily be a $2,000,000.00 plus Home when Finished. Orange county 30 minutes close, in a Very Private Cul de Sac, and Entrance. No HOA., 1.19 percent property tax base. All information is deemed to be reliable, but not guaranteed. Buyer and Buyer's Agent to due their due diligence to satisfy themselves to all aspects of the property
***This is the Ultimate Custom Home Site with a Million Dollar View and Potential Revenue Generating Income. The Seller has a Signed AT&T lease agreement for the installation of a cell phone tower. This will be a 25 year lease at $3,200 a month income with an annual increase of 3%. In Addition, Build your very own Dream Home on this Spectacular 3.19 Acre View Lot with an approximate 1 Acre non permitted Graded Pad which plan and permit is available to act on, 180 Degree View of the Surrounding Mountains and City Lights! This Property Location is Perched High Above the City of Riverside! Already been Done ... Approved Grading Plans, Approved Block Wall and Drainage Plans Permitted on a Time Line to get Started, and paid for. Infiltration Basin Complete without Drainage Hook-Up. Sceptic, no sewer fees to consider. Water, Electric, and Gas Available. Seller is Including Plans for a Fully Custom 6,000 sq ft Home and Pool House/Casitas, which will need to be Approved. This is the Premiere in Home Building. Upon Completion, This would Easily be a $2,000,000.00 plus Home when Finished. Orange county 30 minutes close, in a Very Private Cul de Sac, and Entrance. No HOA., 1.19 percent property tax base. All information is deemed to be reliable, but not guaranteed. Buyer and Buyer's Agent to due their due diligence to satisfy themselves to all aspects of the property
Location
State CA
County Riverside
Area Riv Cty-Riverside (92503)
Building
Lot Description Cul-De-Sac
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with NONE NONE • None MRML
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "