16950 Highview Court

Riverside, CA 92503

$799,000
Last Sold Price
138,956 / 3.19
Lot Size / Acres

Description

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...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
  1. Listed by Franklin Lee • DRE #00449851 • Brokerage DRE #01901202 • Fathom Realty Group Inc

Property Details for 16950 Highview Court

View
City Lights, Mountain(s), Panoramic
Lot Size Source
Assessor
Assessor Parcel Number
140-020-004
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Fathom Realty Group Inc, Franklin Lee, DRE #00449851

Sold By None MRML, NONE NONE, DRE #N/A

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LISTING UPDATED: 04/21/2022 06:14 AM

Property Details for 16950 Highview Court

StatusClosed
MLS #RS19226008
Days on Market864
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size3.19 AC
CountyRiverside County

Location

Listing Courtesy of Fathom Realty Group Inc, Franklin Lee, DRE #00449851

Sold By None MRML, NONE NONE, DRE #N/A

Add your commute

Building Information for 16950 Highview Court

Lot Size3.19 AC

Payment Calculator

$4,793 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$433

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16950 Highview Court

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Census Tract: 414.09
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Mountainous
Property / Structure Info
Exterior Features
  • Fence: None
  • Fencing: None
  • View Description: City Lights, Panoramic
Distance To
  • Distance To Water: Available
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: Private Road
  • Water: See Remarks
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Water Available
  • Water Source: See Remarks
Parking Info
  • Carport Spaces: 0

Property History for 16950 Highview Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16950 Highview Court

Taxable ValueLand$425,000Additions-Total$425,000
Tax Record2023$5,198 ($433 / month)
Home Facts
Beds0Lot Size138,956 SqFtStyleResidentialZoningRA1CountyRIVERSIDEAPN140-020-004

Schools near 16950 Highview Court

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lake Hills Elementary School
PublicK to 5

Ysmael Villegas Middle School
Public6 to 8

Hillcrest High School
Public9 to 12

Alvord Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fathom Realty Group Inc, Franklin Lee, DRE #00449851

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.