Description
$260K PRICE REDUCTION! We're pleased to present this rare opportunity to purchase +/-111.45 acres of vacant land in the affluent city of Chino Hills, California. 1st time on the market in over 30 years! The property is easily accessible from the Soquel Canyon Pkwy exit off the SR-71 freeway, located just south of Vellano Park and Vellano Country Club. With flat and sloping terrain, the parcel is a reverse L-shaped lot, with three roughly same-sized quadrants at around 37.15 acres each (totaling +/-111.45 acres).The property is zoned R-A (Agriculture-Ranch) and is considered a clustering property, which allows 50% of maximum density (.5 du/5ac) for R-A properties and would yield a total of 7 single-family units under clustering by right. If rezoned to higher density zones, the property should have greater development potentials. Furthermore, the newly passed Senate Bill SB-9 may help Buyer to increase the parcel's development density. Build grand mansion(s), ranch(es)/farm(s)/barn(s), or estate(s) and make your dream come true! The possibilities are endless! Buyer to verify all information herein, and verify with city planning department and other professionals regarding the property's development potentials. Broker/Agent and Seller does not guarantee its accuracy or the property's potentials for development.Chino Hills is an affluent suburban city in western San Bernardino County, approx. 30 miles east of downtown Los Angeles. With a population at around 85,000, the average household income is at around $123,380.
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Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 13th August, 2022 6:16 AM (UTC)
