28442 San Timoteo Canyon
Redlands, CA 92373
5
Bed
4
Bath
3,326Sqft
693,987Sqft(Lot)
TWO REMODELED HOMES • NEARLY 16 ACRES • APPROXIMATELY $1.4 MILLION IN REMAINING CONTRACTED AM RADIO STATION GROUND-LEASE REVENUE THROUGH 2046. This extraordinary San Timoteo Canyon property combines 2 separate remodeled homes, equestrian and agricultural improvements, and a long-term ground lease with an established AM radio station. The lease currently generates $4,200 per month, includes contractual rent increases, and continues through March 2046. Based solely on the lease’s minimum future increases, the remaining contracted revenue is approximately $1.4 million, with potential for additional income when applicable CPI exceeds the contractual 3% annual floor. Approx. 15.93 acres, the property includes 2 detached homes totaling approx. 3,326 square feet. The two residences provide except
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 4Roofing Information
CompositionFlooring Information
Tile, Vinyl -
Interior Features
CeilingFans, SeparateFormalDiningRoom, EatInKitchen, OpenFloorplan, Pantry, QuartzCounters, RecessedLighting, Storage, BedroomOnMainLevel, MainLevelPrimary, PrimarySuiteRoof: CompositionAppliances: Dishwasher, ElectricOven, Microwave, RangeHoodLaundry Features: Inside, LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
-
Building Information
Year Built: 1991Construction Materials: Frame, StuccoStories: 1Patio And Porch Features: Concrete, Covered, FrontPorch, Patio, PorchPool Features: NonePrivate Pool: NoView: Hills, Mountains, Orchard, Pasture, Valley
-
Lot Information
Main Square Feet: 693987 Lot Size Acres: 15.9317 Lot Size Source: Assessor Lot Size Square Feet: 693,987 Lot Description: SixteenToTwentyUnitsAcre,Agricultural,HorseProperty,LotOver40000Sqft,Pasture,Ranch
-
Listing Price Information
Listing Price: $2100000Original Price: $2200000Submit
-
Tax Information
Parcel Number: 0294091460000 Tax Lot: I
-
Virtual Tour
Parking Information
Parking Total: 2 Concrete, Driveway, Garage, RvAccessParkingGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
-
Utility Information
ElectricityConnected, Propane, WaterConnected -
Location Information
Direction: W Fern Ave to San Timoteo WaterSource: Well Security Features: CarbonMonoxideDetectors,SmokeDetectors
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 611 Iris, Redlands, CA, 92373 | $689,000 | 4 | 2 | 1,680 | 9,200 Sqft |
| 31750 Florida, Redlands, CA, 92373 | $998,000 | 3 | 2 | 1,864 | 44,579 Sqft |
| 31642 Florida Street, Redlands, CA, 92373 | $548,888 | 3 | 2 | 1,288 | 14,620 Sqft |
| 31550 Highview Drive, Redlands, CA, 92373 | $619,900 | 4 | 2 | 2,056 | 20,830 Sqft |
| 31460 Knoll, Redlands, CA, 92373 | $565,000 | 3 | 3 | 2,309 | 55,850 Sqft |
| 31050 Bedford, Redlands, CA, 92373 | $1,046,999 | 4 | 3 | 2,120 | 22,550 Sqft |
| 30825 Palo Alto Drive, Redlands, CA, 92373 | $825,000 | 3 | 2 | 1,766 | 21,250 Sqft |
| 12698 La Solana Drive, Redlands, CA, 92373 | $1,299,000 | 5 | 4 | 3,800 | 20,200 Sqft |
| 1711 Kyle, Redlands, CA, 92373 | $1,350,000 | 5 | 4 | 3,178 | 18,500 Sqft |
| 13043 Burns, Redlands, CA, 92373 | $1,140,000 | 4 | 3 | 3,301 | 42,750 Sqft |
Similar Homes To 28442 San Timoteo Canyon
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/13/2026 @ 13:05
More Cities with for Sale by Owner Homes
- Redlands Homes For Sale By Owner
- Mentone Homes For Sale By Owner
- Highland Homes For Sale By Owner
- Loma Linda Homes For Sale By Owner
- Colton Homes For Sale By Owner
- Forest Falls Homes For Sale By Owner
- Oak Glen Homes For Sale By Owner
- Yucaipa Homes For Sale By Owner
- San Bernardino Homes For Sale By Owner
- Angelus Oaks Homes For Sale By Owner
- Calimesa Homes For Sale By Owner
- Grand Terrace Homes For Sale By Owner
- Running Springs Homes For Sale By Owner
- Rimforest Homes For Sale By Owner
- Moreno Valley Homes For Sale By Owner
- Rialto Homes For Sale By Owner
- Riverside Homes For Sale By Owner
- Twin Peaks Homes For Sale By Owner
- Cedar Glen Homes For Sale By Owner
- Bloomington Homes For Sale By Owner
Homes around $2,100,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.