Greg Malik Real Estate
2861 Armstrong Road
Riverside, CA 92509

Description

Here is a unique property with a lot of history behind it that is sure to appeal to anyone who wants working-ranch style living, along with lots of room and many, many possibilities. This property is zoned both C1 and A1, and consists of 2 tax parcels totalling 11.62 acres! The zoning does allow for residential development and the Jurupa Valley planning department says it could accommodate 24 lots. However, it's a great property as it is. This is a working ranch with history! It was built by Johnny Longden, arguably the most famous jockey of all time. On the grounds you'll find 2 homes and a guest house. The main home is about 1900 square feet with 3 bedrooms and 2 baths. The 2nd home is also 3 and 2 but is about 2500 square feet. The Guest House is about 1577 square feet with 3 bedrooms and 1 bath. There are also 2 classic barns on the property ... one dating from the 1930's. There are 26 paddocks, a race track (!), 6 pastures, and over 600' of frontage on Armstrong Rd. There are also multiple gazebos and covered patio areas where the current owner hosts events for clients such as weddings and Quinceaera celebrations. This is in addition to the boarding of horses. With an accepted offer the operating business can be transferred as well. This is an incredible opportunity to own a bit of history ... and a working horse ranch and event center at the same time! The possibilities are endless here. Come up with your own idea ... and make it a reality in this beautiful spot. Association Amenities: None # of RV Spaces: 0 Special Features: BA,CO,GH,SH,WK,GZ,OBNONE Lot Location Type: On Golf Course,On Equestrian Area Landscaping: Partial # of Attached Spaces: 0 # of Detached Spaces: 2

Details

MLS#497397
StyleHouse
Sub-TypeResale
StatusActive
Year1977
Days On Site16

Features

Bed(s)9
Bath(s) 5 Full, 1 Half
SQ Feet5,977
Garage2
Story(s)NA
Acreage11.62
Property ViewYes

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Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92509
Listing VS Median (in 92509)
Price:
$4,500,000
low | high
Med:
$398,546
100% of Average
SqFt:
5,977
low | high
Med:
1,883
100% of Average
$ / SqFt:
$753
low | high
Med:
$214
100% of Average
On Site:
16
low | high
Med:
8.5
100% of Average
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 4,000 - 7,000
Listing Updated: 01/20/2019
MLS Number: 497397
Listing Provided By:
Janet Stevens-Moore  of  Bruin Trojan Realtors Inc
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