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Status: ACTIVE

361 Spur Dr 
Norco, CA 92860

$2,199,000

------/mo*
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**Income Opportunity Own Your Own Horse Boarding Facility!** This exceptional ranch is the perfect investment for homeowners seeking to offset their mortgage. It is tailored for professional trainers, competitive riders, and serious equestrian enthusiasts.The stunning 1,984 sq. ft. ranch home, built in 2001, sits on 1.88 acres and features 4 bedrooms and 2 bathrooms. Highlights of the home include vaulted ceilings, hardwood flooring throughout, recessed lighting, and a big open kitchen equipped with double convection ovens. The home also has a separate dining room and a spacious family room with a charming brick fireplace. Enjoy the large country porch overlooking the ranch and relax in the sparkling swimming pool. This property includes paid-off solar panels, a tankless water heater, and a newer AC unit. Additionally, part of the garage has been converted into an approximately 450 sq. ft. studio apartment with a full bath and walk-in closet (permits unknown), making it ideal for rental purposes or accommodation for a ranch hand.The ranch currently has an established client base for its lesson program, offering approximately 60-80 lessons per week and accommodating 12 current boarders. It features an expansive 100' x 75' fully lit arena with sprinklers, perfect for various riding disciplines. There is also a second arena measuring 70' x 90', which is equipped with lights and sprinklers, as well as an outdoor covered patio that overlooks the arena.The facility includes 22 stalls measuring 16' x 16', complete with a fly spray system and aisleway fans, along with 3 additional stalls measuring 14' x 14'. Other amenities include a hay and shaving bay, four cement crossties (two fully covered), and one wash rack with hot water hookups at the crossties, along with an outdoor washing machine. An outdoor bathroom provides easy access. Additionally, there is a large tool shed, 22 tack lockers for boarders, and two larger private tack rooms or offices. Ample parking for boarders is also available, including RV parking with a sewer clean-out and 50-amp service, as well as trailer parking, a private driveway, and an electric keypad gate for entry. An alarm system with cameras is installed throughout the property. This property must be seen to be fully appreciated!
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Bedrooms
4
Baths
2
House Size
1,984 sqft
Year Built
2000
Lot Size
1.88 ac

Location

Market Insights

In the last 30 days, homes for sale in 92860, Norco, CA were on the market for a median of 46 days and 8.33% of homes sold above list price.

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Interior Information

cooling
Central Air
fireplace
Gas
Living Room
heating
Forced Air
view
Mountain(s)

Exterior Information

fence
Pipe
Chain Link
pool
Private
In Ground

Property Information

lot
Cul-de-sac
parking
Garage
security features
Carbon Monoxide Detector(s)
Key Card Entry
sewer
Unknown
  • Listed By KIM PETERSEN
  • KPGrealestate@yahoo.com
  • Kim Petersen, Broker
  • (909) 917-4444
  • KPGrealestate@yahoo.com
  • MLS IV25236379

Monthly Payments Calculator

Estimated Monthly Cost

$13,719

30 year fixed·6.9% interest rate
Principal & Interest
$11,586
Property Taxes
$1,833
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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