858-229-9131

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12667 Michigan Street, Grand Terrace, CA 92313

$4,500,000 Approx. USD 0 beds, 0 baths

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Photo of Robyn Raskind

Marketed By Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
Phone: 858-756-3795
Fax: 858-756-9591

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Listing Agent

Joseph Catanzarite | joseph@aegishomes.com
Lic#: 02062568
Broker: Courtesy of AEGIS PROPERTIES INC
Phone: 714-535-7999

Agent Remarks

Rare 4.47-acre, level and flat development site in a supply-constrained submarket with very little remaining undeveloped land in Grand Terrace. The parcel is rectangular in shape, with the exception of a small lot at the southwest corner that is not part of this offering. The site is currently zoned R-1, and the City has already taken the first step toward approving a zoning increase to R3-40. A second reading of the ordinance and a waiting period remain before the change becomes law, but the process is underway, positioning this as one of the few opportunities in Grand Terrace for a future multi-family project of meaningful scale. In addition to the raw land, the offering includes a leasehold interest in an approximately 4,100 SF masonry church building, built in 1967, that runs with the land. Public water and sewer, plus electricity, gas, cable, telephone, and irrigation, are already available at the site. Grand Terrace is a charming, low-rise bedroom community known for low crime and good schools, with easy freeway access and close proximity to Loma Linda, home to a major medical center and university. With upzoning to R3-40 in process, all utilities in place, and a leased improvement already on site, this parcel is a rare find for a developer, investor, or owner/user seeking to build multi-family housing. Buyer and buyer's agent to independently verify zoning, entitlement status, lot size, square footage, and all other facts material to this listing. Information is deemed reliable but not guaranteed.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# IG26153709

Price: $4,500,000

HOA Fee is $0.00

Beds: 0

Baths: 0

4.47 acres

Lot size: 4.4700

County: San Bernardino

Zoning: R1

Lot description: Rectangular Lot,Value In Land,Level

MLS area: 266 - Grand Terrace

Last Updated: 7/15/2026

Days On Market (DOM): 2

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This listing belongs to the 266 - Grand Terrace MLS area

Lat/Long: 34.023964, -117.321727.
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Previous Listing

Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067