40650 Calle De Suenos 6,345 SF Specialty Building Offered at £1,414,049 in Murrieta, CA 92562




EXECUTIVE SUMMARY
This property built with heavy steel structure needs a major cosmetic renovation. The location is unrivaled and it is possible to subdivide the 24.81 acres of land to have two luxury residences. The current structure includes a massive mansion on a big flat eagle-nest pad on the hilltop with commanding views. It is near the highest point of the entire La Cresta community. There is a private road after the gate entrance that leads up to the mansion with very secure privacy. The other structure down the hill that could be turned into another residence is currently a horse barn, storage place and a big fenced horse arena that could also be turned into a huge parking lot for holding private events up the hill. This property could easily be redeveloped into the most exclusive residence in La Cresta or the whole Riverside County due to its unique natural landscape that is fit for a King. This hilltop mansion could be turned into a medieval castle and still has room for a helicopter pad. Hollywood folks and Westside tycoons would really love it. The prior owners have spent a lot of money trying to renovate it but the project remains unfinished. If landed in a right hand for a major transformation, this property may easily command a billionaire's attention, simply because of its unusual natural settings. :-)
PROPERTY FACTS
Price | £1,414,049 |
Price Per SF | £222.86 |
Sale Type | Investment or Owner User |
Sale Condition | Shell & Core |
Property Type | Specialty |
Property Subtype | Residential Income |
Lot Size | 24.81 AC |
Building Size | 6,345 SF |
Number of Floors | 2 |
Year Built/Renovated | 1993/2010 |
Parking Ratio | 3.15/1,000 SF |
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ZONING
Zoning Code | RA10 (Residential) |