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$2,450,000
Est. payment /mo
2.79 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25249203
HOA Y/N No
Lot Size 2.786 Acres
Property Description
Rare ±2.5-acre Redlands development opportunity: two adjoining parcels on W Lugonia Ave offered together — this ±1.64-acre R-2 (Multiple-Family Residential) parcel and an adjoining ±0.89-acre R-1 parcel (MLS# IG25249115) with an existing 3-bedroom, 2-bath home plus a 1-bedroom, 1-bath detached ADU. R-2 zoning permits multiple-family and two-family dwellings plus licensed community care facilities — development potential for apartments, townhomes, condominiums, or assisted living, subject to City of Redlands approval. Current R-2 density standards (2,900–4,150 sf of lot area per unit) support an estimated 17–24 units on the land parcel alone, with potential for more if both parcels are unified under R-2 via a General Plan Amendment — buyer/developer to confirm exact unit count and entitlement path with the City. Positioned on Redlands' fastest-growing residential corridor: Liberty Lane Apartments (80 units) is under construction at the adjacent Lugonia Ave & Texas St corner, a 16,000-sf grocery store is approved two blocks away at 1005 W. Lugonia Ave, and a Whole Foods-anchored shopping center (70,200 sf) is approved at Lugonia Ave & Tennessee St, opening 2028. Nearby approved projects include Casa Loma Apartments (147 units, three stories) and Lugonia Village (523 units, including 72 for-sale condominium townhomes). Flat, level topography; public water available. Total price of $2,450,000 includes both parcels; seller financing may be available. Buyer to independently verify zoning, density, and utility capacity with the City of Redlands.
Location
State CA
County San Bernardino
Area 268 - Redlands
Zoning R2
Interior
Fireplace No
Exterior
Community Features Park, Storm Drain(s), Street Lights
Utilities Available Water Available
View Y/N Yes
View Neighborhood, Panoramic
Present Use Agricultural
Building
Lot Description 2-5 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 0169021110000
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Listed by Perrie Mundy BHHS PERRIE MUNDY REALTY GROUP 951-830-9900, DRE #00356248
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