Listed by thaan@haanappraisals.com - Anthony Haan - DRE #01972861 - T.Haan & Associates 714-655-7727
$2,750,000 affordable loan icon Calculate Payment

Main Street Grand Terrace, CA 92313

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Land Residence
Beds
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Sq. Ft.
52.7 Acre Lot

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Last updated on 9/27/2024 10:11 AM
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 201...0, 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! Continue reading
MLS#
PW24187757
Property Type
Land
Status
Lot Size
52.7

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Listed by thaan@haanappraisals.com - Anthony Haan - DRE #01972861 - T.Haan & Associates 714-655-7727
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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