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$ 499,000
Est. payment | /mo
4.58 Acres Lot
$ 499,000
Est. payment | /mo
4.58 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID IV26190055
HOA Y/N No
Lot Size 4.580 Acres
Property Description
4.58-Acre Residential Development Opportunity | Banning, CA
Excellent opportunity to acquire approximately 4.58 acres of residential land within the City of Banning's Butterfield Specific Plan. Designated Low Density Residential (LDR), the property offers potential for detached single-family residential development, with densities of up to approximately 5 dwelling units per acre. Based solely on gross acreage and maximum density, the site could theoretically accommodate up to approximately 22 residential units, subject to City approval and applicable development requirements. The Specific Plan may also allow qualifying age-restricted or “active adult” residential development, providing an additional concept for builders and developers to explore. Located within a master-planned growth area of Banning, this ±4.58-acre parcel (APN 534-093-014) presents an attractive opportunity for builders, developers, and investors seeking residential development potential. Buyer and buyer's representatives are advised to independently verify zoning, density, permitted uses, utilities, access, development standards, subdivision feasibility, fees, and all other requirements with the City of Banning and applicable agencies.
Excellent opportunity to acquire approximately 4.58 acres of residential land within the City of Banning's Butterfield Specific Plan. Designated Low Density Residential (LDR), the property offers potential for detached single-family residential development, with densities of up to approximately 5 dwelling units per acre. Based solely on gross acreage and maximum density, the site could theoretically accommodate up to approximately 22 residential units, subject to City approval and applicable development requirements. The Specific Plan may also allow qualifying age-restricted or “active adult” residential development, providing an additional concept for builders and developers to explore. Located within a master-planned growth area of Banning, this ±4.58-acre parcel (APN 534-093-014) presents an attractive opportunity for builders, developers, and investors seeking residential development potential. Buyer and buyer's representatives are advised to independently verify zoning, density, permitted uses, utilities, access, development standards, subdivision feasibility, fees, and all other requirements with the City of Banning and applicable agencies.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Fireplace No
Exterior
Community Features Storm Drain(s)
View Y/N Yes
View Mountain(s), Neighborhood
Building
Lot Description Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community No
Tax ID 534093014
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard

Listed by RENE JIMENEZ ARREBA 909-561-1654, DRE #01511975



