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Sunset Dr - 65+ Acres in South Redlands Specific Plan
65 Acres of Residential Land Offered at $2,647,520 CAD in Redlands, CA 92373
Investment Highlights
- Up to 19 Lots Previously Approved
- Possible mitigation land, water reservoir or basin, conservation land
Executive Summary
Property Facts
1 Lot Available
Lot 5
Price | $2,647,520 CAD | Lot Size | 65.00 AC |
Price Per AC | $40,731 CAD |
Price | $2,647,520 CAD |
Price Per AC | $40,731 CAD |
Lot Size | 65.00 AC |
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. The two southern parcels are 0176-121-05-0000 with 45.93 acres and 0175-271-02-0000 with 3.3 acres.
Description
Rare developer or land baron opportunity consisting of 4 parcels totaling over ± 65 acres 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.
PROPERTY TAXES
Parcel Number | 0176-121-05 | Improvements Assessment | $0 CAD |
Land Assessment | $428,977 CAD | Total Assessment | $428,977 CAD |
PROPERTY TAXES
zoning
Zoning Code | SP (Specific Plan 43 per City of Redlands) |
SP (Specific Plan 43 per City of Redlands) |
Presented by
Sunset Dr - 65+ Acres in South Redlands Specific Plan
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