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$2,750,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24187757
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
Direction East on Main Street to the end.
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 1178241030000
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Listed by Anthony Haan T.Haan & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "