30725 San Timoteo Canyon Road, Redlands, CA 92373
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Sold Price :
$1,496,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2014
Property Description
Welcome to an extraordinary 18.05-acre property, where prime investment meets residential luxury! The first 8.31-acre parcel features three meticulously crafted units, providing an ideal fusion of comfort and investment potential. On the adjacent 9.74-acre parcel, seize the opportunity for additional investments, accompanied by architect plans to optimize its full potential. With lucrative zoning for triplex use, this rare gem promises a harmonious blend of residential living and unparalleled investment possibilities.
Income-Generating Property:
Currently, this property is already generating income with month-to-month lease contracts in place. Whether you choose to continue this as a lucrative investment opportunity or call it home for your own living, the flexibility of existing lease agreements provides you with a seamless transition into ownership.
The solar system, fully paid off, not only promotes an eco-friendly lifestyle but also ensures substantial energy savings. Additionally, your property comes equipped with a Well, guaranteeing a self-sufficient water supply that covers 100% of your needs. Immerse yourself in the perfect fusion of sustainability and comfort within this distinctive home.
Property Highlights:
- Total Land Area: 18.05 acres (Parcels Zoned Triplex Use)
- Unit A: A spacious 3-bedroom, 2-bathroom house spanning 2,030 sqft
- Unit B: A cozy 400 sqft unit with 1 bedroom and 1 bathroom
- Unit C: A second unit featuring 2 bedrooms, 2 bathrooms, and 1,100 sqft
- Garage Space: Three large car garages providing ample storage or additional rental opportunities.
- Well: A reliable and robust well, ensuring a sustainable water source for the property.
- Solar System: Enjoy the benefits of a fully paid-off solar system, contributing to energy efficiency and reduced operational costs.
Financial Overview:
- Month-to-month contracts on all three properties.
Investment Potential:
This property presents an excellent opportunity for investors capitalizing on the growing demand for rental properties. The diverse unit sizes cater to various tenant needs, providing a steady and attractive monthly income. The well and solar system enhance the property's sustainability and cost-effectiveness.
Location and Zoning:
Strategically situated on 18.05 acres, the property is zoned for triplex use, maximizing its potential and offering versatile development options. The location provides a harmonious blend of tranquility and accessibility.
Interior Features
Laundry Information |
Location(s) |
In Garage, In Kitchen, Propane Dryer Hookup |
Bedroom Information |
Features |
All Bedrooms Down |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Laminate, Tile |
Interior Information |
Features |
Open Floorplan, Pantry, Partially Furnished, All Bedrooms Down, Attic, Bedroom on Main Level, Dressing Area, Walk-In Pantry, Walk-In Closet(s) |
Cooling Type |
Central Air, Wall/Window Unit(s) |
Listing Information
Address |
30725 San Timoteo Canyon Road |
City |
Redlands |
State |
CA |
Zip |
92373 |
County |
Riverside |
Listing Agent |
Sameh Louis DRE #02203602 |
Courtesy Of |
Real Broker |
Close Price |
$1,496,000 |
Status |
Closed |
Type |
Residential Income |
Subtype |
Single Family Residence |
Structure Size |
N/A |
Lot Size |
786,258 |
Year Built |
2014 |
Listing information courtesy of: Sameh Louis, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 23rd, 2024 at 11:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.