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 Type :
Land
County :
San Bernardino
Style :
Land
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ByOwner last updated this listing 05/18/2024 @ 13:31
MLS: EV23193827
LISTED BY: NATHAN DIONES, REGIONCY REAL ESTATE
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
