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34860 Sycamore Springs Rd - The Villa at Emerald Grove 7,271 SF Specialty Building Offered at $3,500,000 at a 16% Cap Rate in Hemet, CA 92544
Investment Highlights
- 60 ACRES
- Endless possibilities
- Incredible sunrises and sunsets
- 360-degree views
Executive Summary
60 ACRES - 3 PARCELS!! 2 - 20 ACRES PARCELS ARE VACANT. Possible subdivision into 8 -5 acre parcels. Buyer to verify all. 3rd 20 ACRE PARCEL -RARE HILLTOP SUPER CUSTOM HOME. Perfect event venue for weddings, conferences, parties, and movie sets. This property is a diamond in the rough for the ultimate event venue. The house sits on 19 acres with 360-degree views including Lake Skinner, Big Bear, Wrightwood, and the Temecula Wine Country. The home is completely custom built with the finest materials - features include a gate entry, grand circular driveway, garden room, formal living room with breathtaking views, formal dining room, a master suite with dream closets and fireplace, chef's kitchen, two offices, two guest rooms, private baths, game room with built in wet bar - this home has everything you can think of - 6160 SQUARE FEET + a separate 1000sq ft. CARRIAGE HOUSE GUEST HOUSE and a SIX CAR GARAGE tall enough for RVs. The property also includes 4 ACRES OF MARKETABLE CITRUS. Make it your own, needs some repairs and updating. Check out the website- www.emeraldgroveestates.com
Property Facts
| Price | $3,500,000 | Building Class | C |
| Price Per SF | $481.36 | Lot Size | 60.00 AC |
| Sale Type | Investment or Owner User | Building Size | 7,271 SF |
| Cap Rate | 16% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1991 |
| Property Type | Specialty | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Residential Income | ||
| Zoning | RA-10 - Residential Agriculture 10 acre minimum. Possible county will allow 8 - 5 acres parcels. Buyer to verify all. | ||
| Price | $3,500,000 |
| Price Per SF | $481.36 |
| Sale Type | Investment or Owner User |
| Cap Rate | 16% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 60.00 AC |
| Building Size | 7,271 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | RA-10 - Residential Agriculture 10 acre minimum. Possible county will allow 8 - 5 acres parcels. Buyer to verify all. |
Amenities
- Air Conditioning
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Property Taxes
| Parcel Number | 470-180-043 | Improvements Assessment | $1,175,736 |
| Land Assessment | $255,848 | Total Assessment | $1,431,584 |
Property Taxes
Parcel Number
470-180-043
Land Assessment
$255,848
Improvements Assessment
$1,175,736
Total Assessment
$1,431,584
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Photos
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Presented by
International Land Alliance, Inc.
34860 Sycamore Springs Rd - The Villa at Emerald Grove
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