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    Sunset Dr Redlands, CA 92373

    Sponsored
    For Sale
    $1,845,000

    Prime Redlands acreage, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents a rare opportunity to acquire ±65 acres of land in desirable South Redlands, CA. The property, encompassing four parcels (APN: 0176-121-05-000 and others), boasts a strategic location just east of the Alessandro Road and Sunset Drive intersection, providing breathtaking views of San Timoteo Canyon's orange groves. A prior Tentative Map indicated potential for developing up to 19 residential lots, ranging in size from half an acre to eight acres, making this ideal for a high-end residential community. The property's zoning permits one to two homes per acre. The northern parcels (9.23 and 6.61 acres) are offered at $520,000, while the southern parcels (45.93 and 3.3 acres) are listed together at $1,325,000. The total asking price for the entire 65-acre assemblage is $1,845,000. This location offers convenient access to schools, shopping, and dining, as well as major highways for easy commuting. Alternative uses, subject to city approval, could include mitigation land, water reservoir or basin, or conservation land. This is a unique investment opportunity in a highly sought-after area of Redlands. The property's potential is significant, offering a compelling return for discerning investors.

    Property Features for 0 Sunset Dr

    General Information

    Property type
    Farms
    Lot Size
    392,040 SF

    HighLights

    • Tentative map allows development of 19 lots, ranging from 0.5 to 8 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redlands
    County
    San Bernardino
    State
    California
    Longitude
    -117.17137789662
    Latitude
    34.026360477996

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    FAQs

    What type of property is this?
    Farm - Prime Redlands acreage, development potential.
    Where is this farm located?
    The property is located at Sunset Dr Redlands, CA.
    What is the asking price?
    The asking price for this property is $1,845,000.
    What are key features of this property?
    This property features: Tentative map allows development of 19 lots, ranging from 0.5 to 8 acres.; ;
    Request Owner's contact information
    Sunset Dr Redlands, CA 92373
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    Redlands, CA 92373
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sunset Dr Redlands, CA 92373
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