831 W Lugonia, Redlands, CA 92374

$2,450,000
4
BD
3
BA

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Listed by Perrie Mundy, 909-307-0616 from BHHS PERRIE MUNDY REALTY GROUP
(If provided) CoList: Michelle Hardesty from Berkshire Hathaway Homeservices California Realty

List Price
$2,450,000
Price Change
▼ $50,000 1775624197
MLS#
CRIG25249115
Status
ACTIVE
Levels
One Story
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Lot Size
121,374
Listing Area
268 - Redlands
Year Built
1979

Property Description

Rare ±2.5-acre Redlands development opportunity: two adjoining parcels on W Lugonia Ave offered together - this ±0.89-acre R-1 parcel, which includes an existing 3-bedroom, 2-bath home plus a 1-bedroom, 1-bath detached ADU, and an adjoining ±1.64-acre R-2 (Multiple-Family Residential) parcel (MLS# IG25249203). 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 adjoining 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 is approved at Lugonia Ave & Tennessee St, opening 2028. Public water and sewer at this parcel. Total price of $2,450,000 includes both parcels; seller financing may be

Additional Information

Acres
2.79
Amenities
Wet Bar, Counters, Other
Bedroom Description
Primary Suite / Retreat, Ground Floor Bedroom
Cooling System
Central AC
Energy Features
Ceiling Fan(s)
Family Room
Other
Fence
2, Chain Link
Fireplace Description
None
Floor Covering
Laminate
Foundation
Concrete Slab
Garage Parking
Carport, Drive Through
Heating System
Central Forced Air
Laundry Facilities
Gas Hookup, In Laundry Room
Levels
One Story
Lot Size
121,374
Neighborhood
268 - Redlands
Other Rooms
Den / Study / Office
Other Utilities
Electricity - On Site, Telephone - Not On Site
Pool Description
31, None
Roof
Other
Style
Custom, Ranch
Unincorporated Yn
Yes
View
Neighborhood View, Panoramic

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