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!
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
Price:
$2,750,000
MLS #:
PW24187757
Status:
Active
Baths:
0
Address:
0 Main Street 1178241030000
Type:
Land
Neighborhood:
266grandterrace
City:
Grand Terrace
Listed Date:
Sep 10, 2024
State:
CA
ZIP:
92313
Lot Size:
2,295,612 sqft / 52.70 acres (approx)
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Biking, Hiking
Lot Features
2-5 Units/ Acre, Rectangular Lot, Steep Slope
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- Address0 Main Street 1178241030000 Grand Terrace CA
- Area266 – Grand Terrace
- CityGrand Terrace
- CountySan Bernardino
- Zip Code92313
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Courtesy of T.Haan & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.0 Main Street 1178241030000
Grand Terrace, CA
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