Views - Fixer Upper - Golf Course
Address
68770 Materhorn Vw Mountain Center, CA
Price
$ 480,000
Property Attributes
  • MLS#210003985
  • TypeSingle Family
  • CountyRIVERSIDE
  • CityMountain Center
  • NeighborhoodMountain View
  • Zip92561
  • Style
  • Price$ 480,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2500
  • Lot Size2 Acres
Listing Provided Courtesy Of:
TXR Homes
Data Source:
San Diego MLS
Property Description

Fantastic investment opportunity. Positive cash flow from day one. Current rental income $2400 a month. No HOA no Mello-Roos. Excellent future development opportunity. Some TLC, possible Fixer-Upper on exterior, very close to Palm Desert. Welcome to your dream Vacation Spot, Romantic Getaway in the Mountains with Breathtaking Views! Safe neighborhood, excellent scenery, quiet, and perfect for adventure lovers. Positive cash flow from day one from current renter, 2 acres of land, fully upgraded 3 bed 2 bath house off of 74 highway. Close to Palm Desert and many outstanding natural wonders. New flooring, New Roof, New A/C, Renovated Bathrooms, Kitchen, Plenty of light, 2 car garage, 2 fireplaces and washer/dryer. Invest, Develop, and Enjoy! Based on AreaVibes, this place has an excellent 74 livability factor. A+ rating for safety and quite neighborhood. This property is located within 2 acres of land with 2 separate APN parcel numbers. You can developed the other half of this land with another property to double your investment. This piece of land is fully fenced and already subdivided. The owner spent about $70,000 renovating the entire building, and spent about $4400 in new separate gate entrance. The flooring is a custom-made Slate Tile all throughout the house. The kitchen is fully upgraded with Corian kitchen countertops. The two bathrooms are upgraded. The Heating System and Air Conditioning System are brand new. The master bathroom is a Jack and Jill bathroom with double sinks & an entrance next to the master bedroom. The master bedroom has an additional fireplace which makes it cozy and romantic. There are 2 spacious sliding door mirror closets in 2 bedrooms. There is an additional storage space in the hallway. The Master bedroom has a walking closet. The roof is brand new and has been replaced with high quality long lasting material last year. The owner also spent $8000 to install new Septic System that has been inspected and signed off by the City. Fully permitted. San Jacinto Trial State Park in Palm Springs is only 45 minutes away. There are Golf Resorts down the road. Pacific Crest Trial is close by and 45 minutes up the road there's a Cabin to go eat dinner. Go Skiing on Idyllwild-Pine Cove and also enjoy Lake Hemet Cabins within a 20 minute drive. The whole building is fully permitted. This property is also close to Palm Springs where stylish hotels, Spas and Golf Courses are located. Welcome home to this one of a kind, amazing Vacation home in the mountains. This property is an amazing investment opportunity with an outstanding development potential. Enjoy the spectacular mountain views in this private property, use it as a Weekend Romantic getaway, a place to rent with high cashflow, AirBNB short term rental, or develop the adjacent land into another building to double your investment. Fully renovated 3 bedroom 2 bath Detached Single Family House within a 2 Acre land. Close to Hemet, Palm Springs, Mount San Jacinto State Park, South Fork San Jacinto Wilderness, Santa Rosa and San Jacinto Mountains National Monument, Cathedral City and the highway 74. Idyllwild-Pine Cove, with one of the most gorgeous natural scenes is close by. The area is very safe, the people who live there all love to live in that place. You're only 15 -20 minutes away from Palm Desert Mall. Nearest gas station is only 10 minutes away. Great views, very scenic area, peaceful, and gorgeous. Palomar has an Observatory about 10 minute walk from your new house and they sometimes invite neighbors to come and gaze at the stars for FREE. The current rental income is your positive cashflow from day one. Skiing, Hiking, Gulf Courses and Lakes are for adventure lovers. What are you waiting for? Submit your offers now!!!

Price History
2/15/2021 Listed $485,000
3/14/2021 2% - $480,000

General Features

CFD/Mello-Roos Fee 0.0
Cooling Central Forced Air, Electric, Gas
Elevator No
Fireplaces 2
Full Baths 2
Garage Spaces 2
HOA Fee 0.0
Heating Fireplace, Forced Air Unit
Laundry Y/N Garage, Laundry Room
Neighborhood Mountain View
Other Fees 0.0
Pets Allowed Y/N Yes
Price Per Sq Ft 192.0
Roof Other/Remarks
Sale/rent For Sale
Senior Community Y/N N/K
Sewer Sewer Connected
Stories 1 Story
Terms Cash, Conventional
Topography Mountainous
Year Built 1991
Zoning R11

Interior Features

Bedroom 2 Dimensions 11x12
Bedroom 3 Dimensions 11x12
Dining Room Dimensions 10x11
Equipment Dishwasher, Dryer, Refrigerator, Washer, Convection Oven, Counter Top
Family Room Dimensions 9x10
Fireplace FP in Living Room, FP in Master BR
Heat Source Propane
Kitchen Dimensions 8x10
Laundry Utilities Electric
Living Area 2500
Living Room Dimensions 10x11
Master Bedroom Dimensions 12x13
Total Bedrooms 3

Exterior Features

Covered Parking Attached
Exclusive Use Yard Yes
Exterior Wood
Fencing Gate
Lot Size Area 2+ to 4 AC
Parking Non-garage Driveway
Parkng Non-garaged Spaces 8
Pool Y/N N/K
Total Parking 10
Water Source N/K

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92561

Price
AVG $830K
$480K
Visits
AVG 152
185
Year Built
AVG 1975
1991

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