Redlands, CA 92373,30725 San Timoteo Canyon Road
Redlands, CA 92373,30725 San Timoteo Canyon Road
Redlands, CA 92373,30725 San Timoteo Canyon Road
Redlands, CA 92373,30725 San Timoteo Canyon Road
Redlands, CA 92373,30725 San Timoteo Canyon Road
Redlands, CA 92373,30725 San Timoteo Canyon Road
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$1,496,000

$1,496,000

Est.Price: ?

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Est. payment /mo

18.05 Acres Lot


SOLD DATE : 02/23/2024

Key Details

Sold Price $1,496,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24024864

Sold Date 02/23/24

Construction Status Turnkey

HOA Y/N No

Year Built 2014

Lot Size 18.050 Acres

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.

Location

State CA

County Riverside

Area 268 - Redlands

Interior

Interior Features Open Floorplan, Pantry, Partially Furnished, All Bedrooms Down, Attic, Bedroom on Main Level, Dressing Area, Walk-In Pantry, Walk-In Closet(s)

Heating Forced Air, Floor Furnace, High Efficiency, Propane, Space Heater

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type Blower Fan, Decorative, Dining Room, Electric, Family Room, Gas, Gas Starter, Guest Accommodations, Kitchen, Living Room, Primary Bedroom, Multi-Sided, Outside, See Through, Wood Burning, Recreation Room

Fireplace Yes

Appliance Built-In Range, Barbecue, Microwave

Laundry In Garage, In Kitchen, Propane Dryer Hookup

Exterior

Parking Features Asphalt, Covered, Door-Multi, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Gravel, Gated, On Site, Paved, Private, RV Access/Parking, One Space, Unpaved

Garage Spaces 3.0

Carport Spaces 3

Garage Description 3.0

Pool None

Community Features Hiking, Sidewalks

Utilities Available Cable Available, Electricity Available, Electricity Connected, Propane

Amenities Available Pets Allowed

View Y/N Yes

View City Lights, Canyon, Desert, Hills, Landmark, Mountain(s), Neighborhood, Peek-A-Boo, Rocks, Trees/Woods, Water

Roof Type Shingle

Total Parking Spaces 9

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 1

Entry Level One

Sewer Septic Type Unknown

Water Private, Shared Well, Well

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 413400018

Security Features Security System,Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sameh Louis • Real Broker
Bought with Darcie Sestito • Homequest Real Estate
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