Property summary
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.
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6 recent transactions · within 1.5 miComparable in this City
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