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$ 1,850,000
Est. payment | /mo
7 Beds
7 Baths
6,345 SqFt
$ 1,850,000
Est. payment | /mo
7 Beds
7 Baths
6,345 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,345 sqft
Price per Sqft $291
MLS Listing ID NP25028964
Style Detached
Bedrooms 7
Full Baths 5
Half Baths 2
HOA Fees $4,340/ann
HOA Y/N Yes
Year Built 1993
Lot Size 24.810 Acres
Acres 24.81
Property Sub-Type Detached
Property Description
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. :-) The property currently needs to go through another fresh round of foreclsoure process to clear the issue of a deceased prior owner on the title. The owner is willing to put up a fidelity bond to insure the buyer's title as an interim solution for a quicker escrow close. Please
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. :-) The property currently needs to go through another fresh round of foreclsoure process to clear the issue of a deceased prior owner on the title. The owner is willing to put up a fidelity bond to insure the buyer's title as an interim solution for a quicker escrow close. Please contact agent for details.
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. :-) The property currently needs to go through another fresh round of foreclsoure process to clear the issue of a deceased prior owner on the title. The owner is willing to put up a fidelity bond to insure the buyer's title as an interim solution for a quicker escrow close. Please contact agent for details.
Location
State CA
County Riverside
Area Riv Cty-Murrieta (92562)
Zoning R-A-10
Exterior
Garage Spaces 3.0
Pool Below Ground, Private
View Panoramic
Total Parking Spaces 3
Building
Story 2
Sewer Private Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $710
Miscellaneous Mountainous
Acceptable Financing Cash, Lease Option
Listing Terms Cash, Lease Option
Special Listing Condition Standard
Listed by Ralph Liu • InvestorsAlly Realty
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