Main, Property Listing: MLS® #PW24187757

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!

Main, Property Listing: MLS® #PW24187757 Close
Page Summary
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  • MLS® #: PW24187757
  • Main
  • , CA 92313
  • $2,750,000
  • 2295612 SqFt, 52.70 Acres
  • Office: T.haan & Associates

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!

Supplemental Remarks

Essential Information

  • MLS® #PW24187757
  • Listing Price$2,750,000
  • Original Listing Price$2,750,000
  • List Price per Square Foot$1.20
  • Date ListedSeptember 10th, 2024
  • Square Footage2,295,612
  • Acres52.70
  • Lot Sq.Ft.2,295,612
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$1,306
  • Total Monthly Dues$108

Community Information

  • AddressMain
  • AreaGRAND TERRACE (92313)
  • CountySan Bernardino
  • StateCA
  • Zip Code92313
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Listing information last updated on November 26th, 2024 at 11:38pm PST.