40650 Calle De Suenos - Residential Income FOR SALE


Murrieta, CA 92562
$1,850,000 USD
949-371-9139
40650 Calle De Suenos, Murrieta, CA for Sale
$1,850,000 USD
Residential Income - FOR SALE
1/51
null | Request Cap Rate

40650 Calle De Suenos
Murrieta, CA 92562


OVERVIEW

This property built with heavy steel structure needs a major cosmetic renovation. The location is unrivaled and it is possible to subdivide the 24.81 acres of land to have two luxury residences. The current structure includes a massive mansion on a big flat eagle-nest pad on the hilltop with commanding views. It is near the highest point of the entire La Cresta community. There is a private road after the gate entrance that leads up to the mansion with very secure privacy. The other structure down the hill that could be turned into another residence is currently a horse barn, storage place and a big fenced horse arena that could also be turned into a huge parking lot for holding private events up the hill. This property could easily be redeveloped into the most exclusive residence in La Cresta or the whole Riverside County due to its unique natural landscape that is fit for a King. This hilltop mansion could be turned into a medieval castle and still has room for a helicopter pad. Hollywood folks and Westside tycoons would really love it. The prior owners have spent a lot of money trying to renovate it but the project remains unfinished. If landed in a right hand for a major transformation, this property may easily command a billionaire's attention, simply because of its unusual natural settings. :-)

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

24.81 AC

LAND SF

1,080,724 SF

ZONING

RA10

APN/PARCEL ID

930-320-020

ASK ABOUT THIS PROPERTY

Ralph LiuWeCoOwnMore Info
949-371-9139

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Ralph LiuWeCoOwnMore Info
949-371-9139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.