The Canyon Country Club Colony is recognized for its mid-century architecture. Situated in Indian Canyons on the North course Fairways, there are stunning San Jacinto mountain views. This property features custom cabinetry, an open concept kitchen, and many updated finishes. Exceptional mid-century breeze block walls throughout the complex. Outdoor patio with views. The community offers three pools and one spa, laundry facility, carports and private storage rooms. Great opportunity for retirement or second home. Investments Projections attached). The land lease expires in 2031. It can be extended through 2063, (see attached options), but the cost to do so exceeds $275,000 and increases the land rent to $7,200 /year. Buyers can make the decision to extend, but the option to buy this property at a substantially reduced price without extending the land lease may be a great alternative to rent or a good source of income. Rental and expense projections over the next 13 years are attached.
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Listing Courtesy ofRealty Trust