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$ 2,495,000
Est. payment | /mo
5 Beds
3.5 Baths
2,517 SqFt
$ 2,495,000
Est. payment | /mo
5 Beds
3.5 Baths
2,517 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,517 sqft
Price per Sqft $991
MLS Listing ID CL26640151
Bedrooms 5
Full Baths 1
Half Baths 5
HOA Y/N No
Year Built 2015
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Property Description
A RARE 5 ENSUITE BEDROOM RENTAL INVESTMENT OPPORTUNITY, 2070 Park Drive isn't just a solid income property it's a tax planning engine. Between accelerated depreciation, cost segregation potential, and suitability as a 1031 exchange replacement, sophisticated buyers can materially reduce taxable income while accruing real cash flow. Built in 2015, this mid-century inspired architectural estate is set on a gated corner lot with unobstructed Mt. San Jacinto views, delivering an exceptional blend of privacy, sophistication, & true resort-style living. Inside, polished concrete floors, soaring ceilings, and walls of Fleetwood sliding doors create a seamless indoor-outdoor flow. The expansive great room is ideal for entertaining and is anchored by a chef's kitchen featuring dual Caesarstone quartz islands, stainless steel appliances, a built-in 44-bottle wine refrigerator, and a brand-new refrigerator with an integrated auto-filling filtered water pitcher and dual gourmet ice makers. A custom kitchen island includes instant hot water and filtered cold-water faucets. The living room's beamed ceiling frames views of the quintessential mid-century breeze-block wall. All five spacious bedrooms offer private en-suite bathrooms & direct outdoor access. An attached casita-style suite with kitchenette, split A/C system, & private entrance is ideal for guests, multi-generational living, and is highly desirable for short-term rental use. Outdoors, enjoy your own private desert resort featuring a 42-foot saltwater pool with dual Baja shelves, spa, six-foot waterfall, fire pit, & multiple lounge and dining areas, all surrounded by lush desert landscaping. The property is fully enclosed by block walls with mature ficus hedges, providing exceptional privacy and sound buffering. Smart, upgraded, & energy-efficient features include double-paned windows, Nest-controlled three-zone HVAC, a Fibertite roof system, Sonos sound system, two tankless water heaters, Tesla charger, and a 10-inch tablet command center with voice control, offering one-touch scenes for lighting, music, pool/spa, and exterior ambiance. Located in one of the nation's most lucrative short-term rental markets per AirDNA, this property is DSCR-loan eligible with no personal income verification required. Fee-simple land you own it. The neighborhood remains well below the STR permit cap, making this an exceptional investment opportunity, luxury desert retreat, or both.
Location
State CA
County Riverside
Zoning R1C
Interior
Heating Forced Air, Fireplace(s)
Cooling Ceiling Fan(s)
Flooring Tile
Fireplaces Type Living Room, Other
Fireplace Yes
Appliance Dishwasher
Laundry Dryer, In Garage, Washer
Exterior
Garage Spaces 2.0
Pool In Ground
View Y/N true
View Mountain(s)
Total Parking Spaces 4
Private Pool true
Building
Story 1
Level or Stories One Story
New Construction No
Others
Tax ID 502032017
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Listed by Mina Azami • Compass
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