$88,000
$92,500
4.9%For more information regarding the value of a property, please contact us for a free consultation.
0 Lakepoint DR Riverside, CA 92503
6.25 Acres Lot
Key Details
Sold Price $88,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21201397
Sold Date 04/20/22
HOA Y/N No
Lot Size 6.250 Acres
Property Description
Rolling undeveloped terrain with amazing views adjacent to newer high-end homes in the Lake Hills area. Located in the County of Riverside outside Riverside City limits. County zoning on these 6+ acres allows limited uses such as a child daycare center or non-commercial community association recreation and assembly buildings. With a conditional use permit, zoning may also allow a church. Sorry but zoning does not allow houses, condos, townhouses, manufactured homes, tiny homes, RVs, or commercial uses. Beyond this, the agent and seller have no additional information on allowed uses. If this area is ever incorporated into the City of Riverside, which may or may not happen, zoning could change. At this time, buyers will want to direct all questions about zoning and land use to the Riverside County Planning Department, not to the listing agent. District water, sewer, and electricity are in the paved street. Great opportunity for a savvy long-term investor who thinks out of the box!
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R-5
Interior
Fireplace No
Exterior
Community Features Suburban, Sidewalks
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City Lights, Hills, Neighborhood, Panoramic
Building
Lot Description Sloped Down, Rolling Slope, Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 140030004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Alice J. Hunt Alice Hunt, Broker