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Listed by Anthony Haan • T.Haan & Associates
$ 2,750,000
Est. payment /mo
Active
0 Main Street Grand Terrace, CA 92313
52.7 Acres Lot
UPDATED:
09/10/2024 01:31 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-24187757
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
Zoning R1-20
Exterior
Community Features Biking, Hiking
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot, Steep Slope, 2-5 Units/Acre