$2,750,000
52.70 Acre Lot

0 Main Street, Grand Terrace, California 92313

  • Land Property Type
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!

Basic Details
Land
For Sale
PW24187757
$2,750,000
City Lights
52.70 Acre
Active
Features
$0
Address Map
CA
San Bernardino
Grand Terrace
92313
Main
Street
East on Main Street to the end.
266 - Grand Terrace
R1-20
Additional Information
$0
$0
$0
$0
$0
: Biking, Hiking
: 2-5 Units/Acre, Rectangular Lot, Steep Slope
2024-09-10
: Public
Broker/Agent Information
T.Haan & Associates
Anthony Haan
Listing Information
PANTHAA
PB12747
Cash,Owner May Carry
Active
2024-12-05T03:28:12Z
CRMLS
: Standard
2024-09-10T04:31:10Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069