0 Spring Road, Colton, CA 92324

$148,000 Approx. USD 0 beds, 0 baths
91,912 sqft

Agent Remarks

..... GREAT BUILDING LOTS !!!... This is actually two (1+ acre lots) with level building pads. Together they total 2.11 acres with great views surrounded by custom homes on huge lots. You have option to build 2 custom homes to sell or occupy. The lot cost of just $74,000 each building site. ..... GREAT SELLER FINANCING !!!... The elderly owner has retired to Florida and needs to sell ASAP so he is offering great financing. He will sell both lots for $148,000 to the first buyer with just a $38,000 down payment. He will carry the $110,000 balance as a loan at 4.9% interest only payments of just $449 monthly.... WOW !!! ..... READY TO BUILD !!!... These two 1+ acre lots have level building pads ready for custom homes. The land already has "on site" Edison power, a well (free water) and even a "rare natural spring". This spring flows into a huge 8,000 gallon storage cistern that is overflowing with "great tasting spring water"... WOW !!!. ..... NEARBY HOME PRICES !!!... Just north of these 1+ acre lots (off Reche Canyon Road) is a new house project named "Crystal Ridge" (no horses allowed). They almost sold out. Of the remaining houses, one 3800 sq. ft. tract house is now priced at $1.1 million on 1/2 acre. Directly across the street from these two building lots is an older house (1987) for sale at almost $700,000. Is is about 3,000 sq. ft. on "1 acre". Our "1+ acre lots" zoned RA-1 for horses, etc. at $74,000 each have huge profit potentials for selling custom estates.

Listing Details

Property type: Land (Lots/Land)
Status: Active
MLS# IV16156076
List price is $148,000
Beds: 0
Baths: 0
91,912 sqft
2.11 acres
Lot size: 2.110
County: Riverside
Zoning: RA-1
MLS area: 285 - Reche Canyon

Last Updated: 11/24/2016

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This listing belongs to the 285 - Reche Canyon MLS area

The listing is zoned RA-1.
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Lat/Long: 33.989479, -117.231277.
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Listing Agent: PAT O'BRIEN

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