Main Street
Grand Terrace, CA 92313
52.70 acres | #PW24187757
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!
Property Details
- Lot DescriptionTwoToFiveUnitsAcre, RectangularLot, SteepSlope
- CountySan Bernardino
- ViewCityLights
- Original List Price$2,750,000
- MLS #PW24187757
- MLS #PW24187757
- Property TypePurchase
- Cost2750000
- Utility SourcePublic
- Acres52.7
- Property SubtypeLand
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Anthony Haan (#PANTHAA)
Listing Office: T.Haan & Associates (#PB12747)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
