12667 Michigan, Grand Terrace, CA 92313

Grand Terrace
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
12667 Michigan,Grand Terrace, CA 92313
$4,500,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: joseph catanzarite
Office: aegis properties inc
MLS#:IG26153709
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,500,000

About this home

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...

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Home facts

  • Listing ID #:IG26153709
  • Added:11 day(s) ago
  • Updated:July 26, 2026 at 02:29 PM

Finances and disclosures

  • Price:$4,500,000
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