16950 Highview CT Riverside, CA 92503

***This is the Ultimate Custom Home Site with a Million Dollar View and Potential Revenue Generating Income. The Seller has a Signed AT&T lease agreement for the installation of a cell phone tower. This will be a 25 year lease at $3,200 a month income with an annual increase of 3%. In Addition, Build your very own Dream Home on this Spectacular 3.19 Acre View Lot with an approximate 1 Acre non permitted Graded Pad which plan and permit is available to act on, 180 Degree View of the Surrounding Mountains and City Lights! This Property Location is Perched High Above the City of Riverside! Already been Done ... Approved Grading Plans, Approved Block Wall and Drainage Plans Permitted on a Time Line to get Started, and paid for. Infiltration Basin Complete without Drainage Hook-Up. Sceptic, no sewer fees to consider. Water, Electric, and Gas Available. Seller is Including Plans for a Fully Custom 6,000 sq ft Home and Pool House/Casitas, which will need to be Approved.
This is the Premiere in Home Building. Upon Completion, This would Easily be a $2,000,000.00 plus Home when Finished. Orange county 30 minutes close, in a Very Private Cul de Sac, and Entrance. No HOA., 1.19 percent property tax base. All information is deemed to be reliable, but not guaranteed. Buyer and Buyer's Agent to due their due diligence to satisfy themselves to all aspects of the property