Yucatan Circle at Reche Vista Rd. to Country Rd.
available may 4
license info: Pat O’Brien – Bkr #00484418
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….. BUILDING LOTS DISCOUNTED !!!… This “out of state” owner needs to sell ASAP. So he has reduced the price of his two adjacent 10 acre lots (20 acres total) to just $348,000 for both lots (just $174,000 per lot). As a price comparison, there are 6 nearby vacant lots (no views) at 8 to 10 acres each and priced about $1 million each “$100,000 per acre” (these listings provided upon request)… At just “$17,400 per acre” our discounted 10 acre building lots are located in the beautiful “Reche Canyon” Community. These two lots have fantastic views overlooking the custom equestrian homes (pictured) and Moreno Valley below. They are already surrounded by custom equestrian homes on 2+ acre parcels. These two lots are nearly ready to build with the Riverside County ERP approvals to apply for “grading permits” to build two custom homes…. WOW !!!
…… GREAT FINANCING !!!… This “motivated seller” will now sell both lots for $348,000 to the buyer with the first $115,000 down payment. He will carry the $233,000 balance as a loan (no bank qualifying, no points or fees) at 2% interest only payments at $388 monthly…. Additional PRICE DISCOUNT possible for an “all cash sale”… WOW !!!
….. PRIME LOCATION !!!… Reche Canyon is a scenic rural area where “wild burros” still roam freely. Yet these lots are located just 3 miles down to the 60 Freeway at Perris Blvd. and within about 10 minutes of the 215 and 10 freeways. The lots are also within 15 minutes of the nearby Loma Linda University Hospital, the Pettis VA Hospital, UC Riverside and several city civic centers. that employ many highly paid doctors and professionals. This is an excellent source of doctors and other affluent professionals that may want to buy a nearby rural custom estate on 10 acres with fantastic views… WOW!!!
….. NEARBY HOME PRICES !!!… Nearby north of our 10 acre lots are 92 “new” tract houses (Crystal Ridge) on “1/2 acre” lots (no horses allowed). They are almost sold out with just 4 houses remaining. They have actually sold a 3800 square foot “tract house” for $998,000 on just a “1/2 acre” lot… Below our project is a 30 year old home (about 3000 sq. ft.) that is priced at almost $700,000 on just a “1 acre” lot… Our “10 acre” view lots are zoned RA-10 for up to 20 horses and many other animals on each lot… The County also permits building up to two houses on “each” 10 acre lot… With these nearby home priced from about $700,000 to almost $1 million (on much smaller lots) and our lots now priced from just $174,000 there is huge profit potentials from developing these lots with “million dollar” views…. WOW !!!
….. PROFIT POTENTIALS !!!… A “smart buyer” has several profitable options: (1) Just “land bank” these “discounted lots” for future profits, (2) obtain “grading permits” and then resell each view lot “as is” for quick profits or (3) “spec build” and sell two custom 10 acre “million dollar estates” for the maximum profits… You can earn up to $500,000 in “tax free profits” from the sale of “each” home… Construction lenders now only require a 10% cash investment for funding construction. This means your $115,000 down payment (to buy the lots) may be sufficient for over $1.1 million in construction financing to build two custom estates… Another option is to build your own custom “dream home” on the best lot. Then you can the sell the remaining building lot or custom home (tax free) to pay for your “dream home”…. WOW !!!
….. PROJECT SALE OPTION !!!… These two 10 acre lots priced at $174,000 each have great views of the cities to the south. They are part of the 40 acre “Rancho Cielo” project (4 lots). The other two 10 acre lots are on the very top of the hill with fantastic views of the cities and mountains to the north and the Temecula area to the south. These two prime hilltop lots are priced at $298,000 each. The combined price of all four 10 acre lots is then $944,000. If a buyer purchases the entire 40 acre project, the seller will discount the price to $798,000 (just about $199,000 each lot)… The seller will sell the project for $798,000 with just a 30% down payment ($240,000). He will carry the $558,000 balance as a loan ( no bank qualifying, no credit report or fees) at 2% interest only payments of just $930 monthly… WOW !!!
….. BROKER CONTACT !!!… If interested and qualified, contact this Broker (Patrick) ASAP for details at show contact info Text your email address and he will email copies of the zoning, the area maps, the parcel maps and details of how to earn up $500,000 in “tax free profits” from the sale of each custom estate… WOW!!!
- do NOT contact me with unsolicited services or offers
post id: 6104461162
posted: 2017-04-25 4:08pm
updated: 2017-05-04 12:33pm