$380,000
$650,000
41.5%For more information regarding the value of a property, please contact us for a free consultation.
159.88 Acres Lot
SOLD DATE : 06/25/2024
Key Details
Sold Price $380,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 541965
Sold Date 06/25/24
HOA Y/N No
Lot Size 159.880 Acres
Property Description
Ranch/ Agriculture Residential Hillside (RAR-H) (1 du/10 acres). This zoning district is assigned to lands in the foothills. Portions of the site exceeding 25% slope as well as the ridgelines are to be preserved as open space, but density may be transferred to developable areas. If a density transfer is applied, the maximum density for the developable lands shall be one dwelling unit per 5 acres. There is a recorded easement for the tower located on the property, and as part of the recorded easement it gives the owner of the tower easement a right of first refusal. In the event the tower owner does not exercise their option the new buyer would be responsible in taking over the requirements of the easement agreement. The tower lease is not included in the sale and can not be purchased. Potential to get one dwelling unit per 10 acre, and possibly do some clustering based on topography, etc. Per City of Banning
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
Utilities Available None, Sewer Not Available
View Y/N Yes
View Valley
Building
Lot Description Rolling Slope
Sewer None
New Construction No
Others
Tax ID 535080018
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash
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Bought with Raul Diaz • Nationwide Realty