Grand Terrace, CA 92313,0 Main ST
Grand Terrace, CA 92313,0 Main ST
Grand Terrace, CA 92313,0 Main ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,750,000
Est. payment /mo
52.7 Acres Lot
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UPDATED:

09/30/2024 06:22 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24187757

HOA Y/N No

Lot Size 52.700 Acres

Property Description

Excellent land for development opportunity in the community of Grand Terrace including over 52.7 acres of raw land accessible from Raven Way and Main Street. This property offers a rare opportunity for residential development in the City of Grand Terrace.
Tentative Tract 18597 was submitted in 2010, allowing for a 15-DU custom development aligned under current zoning, R-1.20, allowing for 2-DU/acre with 20,000sf minimum pads. However, city has expressed high interest/willingness to cluster under @ R1-10 4-DU/ac., R1-7.2 5-DU/ac. the total 52 acres.
Buyers are highly encouraged to speak with city planning to discuss the opportunities associated with this highly coveted foothill location.
The Spring Mountain tract was completed by production builders to the south with a $729,000/DU median price. Iron Horse Hills to the north with TTM in place for 184 SFD lots projected @ $725,000/DU.
The property offers western exposure view potential and is ripe for development. Imagine the possibilities!

Location

State CA

County San Bernardino

Area 266 - Grand Terrace

Zoning R1-20

Interior

Fireplace No

Exterior

Community Features Biking, Hiking

View Y/N Yes

View City Lights

Building

Lot Description 2-5 Units/Acre, Rectangular Lot, Steep Slope

Water Public

New Construction No

Others

Senior Community No

Tax ID 1178241030000

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Special Listing Condition Standard


Read Less Info
California Regional MLS (CRMLS)
Listed by Anthony Haan • T.Haan & Associates • thaan@haanappraisals.com

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