$1,325,000
For Sale
49.23 acres | #EV23193827
Listing OfficeREGIONCY REAL ESTATE
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Rare developer or land baron opportunity consisting of 4 parcels totaling over ± 65acres located in south Redlands just east of the Alessandro Road and Sunset Drive intersection, overlooking the orange groves in San Timoteo Canyon.  Prior Tentative Map allowed potential to develop 19 lots ranging from half acre lots up to 8 acre lots.  This is a unique opportunity to invest in a large parcel of land in a desirable area of Redlands. The property has the potential to be developed into a high-end residential community with stunning views of the mountains and orange groves in San Timoteo Canyon.  Very desirable area of Redlands, close to schools, shopping, and dining. It is also close to major highways, making it easy to commute to Los Angeles, San Diego, and Coachella Valley.  
Alternative uses could be mitigation land, water reservoir or basin, conservation land, etc., all subject to City approval. 
The two northern parcels consist of 0176-111-11-000 with 9.23 acres fronting Sunset Dr and 0176-111-12-0000 with 6.61 acres accessible from Sunset Court. A total of 15.84 acres offered at a total of $520,000. The two southern parcels are 0176-121-05-0000 with 45.93 acres and 0175-271-02-0000 with 3.3 acres, for a total of 49.23 acres.  Both southern parcels offered together at $1,325,000.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, TwoToFiveUnitsAcre, HorseProperty
      • ViewHills, Mountains, Neighborhood, Orchard, Panoramic
      • CountySan Bernardino
      • Original List Price$1,350,000
      • MLS #EV23193827
      • MLS #EV23193827
      • Property TypePurchase
      • Cost1325000
      • Utility SourcePublic
      • Acres49.23
      • Property SubtypeLand

Location

Pam and Carson Real EstateReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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