$ 999,000
29611 Bonanza Place, Canyon Lake, CA 92587  
  • 5 beds
  • 5 baths
  • 5,000 sqft

29611 Bonanza Place, Canyon Lake, CA 92587  

Speak to your Tax Attorney.. If you buy it for a Million, put Two Hundred Grand into the renovation and your Neighbors are worth over Two Million what are you looking at on your Property Taxes?? I'm no tax attorney, but think about that.. Private WATERFRONT!!!!! 30 Foot Concrete Boat Ramp, 15 additional feet you can thrown on the roof to open up that sky, 1800 Square feet worth of decking, drivable access from street to water with 6 garage spaces plus room to turn an RV around and additional living spaces ready to be built out? One of the Best Lots In Canyon Lake and she's worth every penny of imagination to gain that additional Mill! Guarded, Gated, Golf Course Community with Low Taxes and worth every dollar of association fees. FLIP, HOLD or Turn it into your Staycation for pennies on the dollar!! It's all about Location in the Lake and the Lot size can allow you to build bigger and better than the other guy. Larger than Life Views, Endless Possibilities. Three levels of Living Space located directly at the End of the Cul-De-Sac. Not to mention PLENTY of Concrete for the Toys and Big Sand on the Water!!! Vacation Home, Income Producing Property or FLIP. This property currently includes 5 Bedrooms, 5 Bathrooms, 3 Kitchens, 3 Laundry Rooms, 6 Garages spaces and did I mention the Views on Each Level? Keep it as is and do the bare minimum or take some spaces down to the bone you wont regret the return.

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  • Listing Type Single Family
  • Listing ID SW17203648
  • Bedrooms 5
  • Bathrooms 5
  • House Size 5,000 sqft
  • Lot Size 0.45 acres
  • Listing Status Active
  • Year Built 1979
  • County Riverside
  • Full Bath 4
  • Half Bath 1
  • Floors 3
  • Units 1
  • Garage 6.0
  • County School District Lake Elsinore Unified
  • Zoning R-1
  • TaxID 353201015
Listing courtesy of Cassandra Borja~Coldwell Banker Assoc.Brks-CL

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