NOT LISTED FOR SALE

0 W Lincoln St Banning, CA 92220

9.26 Acres
-- Price per Acre
403,366 Sq Ft Lot

Sale Details

Date Sold: December 9, 2022

Last sale price $1,096,000

60 Days on Market

Highlights

  • 9.26 Acre Lot
  • Mountain View
  • No HOA

About This Lot

As of December 2022

Excellent development opportunity in a prime area of Banning.
14.26 acres (combined) of flat residential land. It is located at the south-east corner of Woodland Ave and Lincoln St. There are two parcels. Parcel APN 538-250-004 is 9.26 acres and parcel APN 538-261-001 is 5 acres. Zoning is low density residential (LDR). There was a tentative tract map (TTM) developed but not submitted for approval for building 57 homes. City planners have told the owners that the larger parcel is currently in consideration for changing to High Density with up to 20+ units allowed per acre.
The buyers are responsible to perform their own investigation to confirm zoning, potential applications and access to utilities with the City and other governmental agencies.

SOILS REPORT AND PROPOSED TENTATIVE TRACT MAP DONE A FEW YEARS AGO IS AVVAILABLE FOR REVIEW.

LIsting agent has ownership interest in the subject property and one or more other owners are realtors.

Last Agent to Sell the Property

Adarsh Saigel

Legacy Real Estate License #00779905 Listed on: 07/12/2022

Last Buyer's Agent

HUALI ZHU

IRN REALTY License #01988466

IRN REALTY

Property Details

Property Type

  • Land

Lot Details

  • 9.26 Acre Lot
  • 538261001
  • Property is zoned LDR

Additional Features

  • Mountain Views
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 538250004

Property Details

Property Type

Land

Lot Details

9.26 Acres

Listing Details

  • View: Yes
  • Zoning: LDR
  • Property Type: Land
  • Parcel Number: 538250004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.72

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 538261001
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 403366.00
  • Lot Size Acres: 9.2600
  • Latitude Manual: 33.92127200

Multi Family

  • Lot Size Area: 403366.0000 Square Feet
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $1,096,000 -8.7% --
07/12/2022 07/12/22 For Sale $1,200,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22151267

California Regional Multiple Listing Service (CRMLS)
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