0 Main, Grand Terrace, CA 92313 - MLS#PW24187757 - Arash Rokni

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,750,000

Est. payment - /mo

52.7 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24187757

HOA Y/N No

Lot Size 52.700 Acres

Acres 52.7

Property Sub-Type Lots/Land

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!
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

Area Grand Terrace (92313)

Building

Lot Size Range 20+ AC

Others

Monthly Total Fees $108

Acceptable Financing Cash, Seller May Carry

Listing Terms Cash, Seller May Carry

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Listed by Anthony Haan • T.Haan & Associates

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

0 Main Grand Terrace, CA 92313

Arash Rokni

Key Details

Location

Building

Others

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