A rare large and beautiful single house on a lakefront lot in the historic downtown of Riverside. The backyard is spacious and flat, and there is a dedicated driveway, which is highly efficient and can be divided to build at least two houses, or design a beautiful backyard with a swimming pool. Beautifully renovated 4 bedroom 2 bathroom home with an area of ??approximately 1,152 square feet (the title shows 2 bedrooms, 1 bathroom, and an area of ??932 square feet. The title deed shows 0.27 acres, but the land is actually larger than the title deed). New paint and new vinyl flooring, the open design provides a bright and airy living space, perfect for relaxing and entertaining. Conveniently located near the famous Fairmount Lakeview Park, golf courses, UC Riverside and shopping centers, with easy access to the 60 and 91 freeways. The spacious front yard driveway can accommodate at least 4 cars, RVs, yachts and other toys. There is also a dedicated driveway in the backyard. The seller has a fully paid addition plan available to build a two story single family home (3,489 sq. ft.), a JADU (495 sq. ft.) and an ADU (1,195 sq. ft.). This home has excellent long term investment potential if you are looking for a large property to add on or keep a variety of farm animals and some plants. No HOA and low taxes.