... Builder/Investor/Farming and Ranching Options!!!... This owner needs to sell this "flat" 8 acres ASAP. The parcel is "priced to sell" at just $398,000... Several nearby parcels (about 9 acres each) are priced at over $1 million each (these listings provided upon request)... This motivated seller will now finance the sale with just a $98,000 down payment. He will carry the $300,000 balance as a loan (no bank qualifying, no points or fees) with 3% interest only payments of just $750 per month... Our 8 acres has the great Riverside County zoning of "RA-1". Which means you can easily divide the parcel into 8 "one acre" building sites (just $47,750 for each "1 acre" building site)... This parcel owns the valuable "water rights" that permits installing an unlimited number of "water wells"... You can install "water wells" for an unlimited supply of "free water" for housing, farming and/or ranching... The cost to install a "water well" is about the same cost as "each" connection to the nearby EMWD district water supply... The zoning permits raising up to nine horses (or any combination of most domestic animals) on the 8 acres... This land is ready for farming because it was formally a landscape nursery... The zoning permits farming of most agricultural products. You can earn a huge yearly income from from farming cash crops like organic produce, and lavender flowers. One "lavender farmer" earns over $1 million gross income a year on 7 acres... "A LEASE/OPTION POSSIBLE"..WOW !!!
Data Provided by California Regional Multiple Listing Service
The information being provided by CARETS® is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS® MLS.
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
The data contained herein is copyrighted by CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
CRMLS, Inc., data content displayed on this site is deemed reliable but is not guaranteed accurate by the MLS.