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Brian Aarestad, Sales Associate
SOLD
$1,496,000
Date 02/23/2024

30725 San Timoteo Canyon Road
Redlands, CA 92373

Single Family
Residence
3,530
Sqft
18.05
Lot Size
Listing Agent: Sameh Louis CalDRE: 02203602 - Real Broker
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.
OC24024864
Single Family, 1 Story
Riverside
2014
18.05 Acres
Private,Shared Well,Well
1
Other
Septic Type Unknown
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Listing Agent: Sameh Louis CalDRE: 02203602 - Real Broker
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