Hargrave, Banning, CA 92220

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
IV26190055
Lot Size
199,505
Acres
4.58
Lot Location
Lot Over 40000 Sqft
Days on Market
11
Property Type
Land
Neighborhood
Unknown

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.

Additional Information

View
Mountain(s), Neighborhood
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: RENE JIMENEZ (rene@goarreba.com) from Listing Office: ARREBA.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.