1 year on rocket

12261 Wabash Ave, Redlands, CA, 92373

$1,495,000

46.80 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewCity Lights, Mountain(s), Panoramic
MLS #EV23066569
Lot Size46.80 Acres
StatusActive

About 12261 Wabash Ave

HIGHLY DESIRABLE REDLANDS I-10 FRONTAGE & SUNSET DRIVE DEVELOPMENT OPPORTUNITY! The I-10 Portion is the previous site of Crystal Springs Water Mfg, with an ample water table still below the property. The entire Property borders I-10 and runs along Wabash Avenue, stretching all the way up to and across Sunset Dr east to the lookout point. The lower section is roughly 16 acres and could be used for a wide range of developments, while the upper section on Sunset consists of 4 view lots with incredible panoramic views situated in a high-end executive neighborhood. Utilities for the top view lots are in Sunset Ave, while the bottom I-10 section has gas, septic tank, and electric on the property, and an underground water table below the property with rites to use the water. This is a must-see property, the development opportunities are tremendous!

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER KIVETT-TEETERS
  • Office Phone: (909) 649-2746
  • Listing Agent: TIM VELIQUETTE

Exterior Features

Exterior Information:

  • View: City Lights, Mountain(s), Panoramic

Lot Features

Lot Information:

  • Lot: Agricultural
  • Lot Size: 46.80 Acres

School Info

Assigned Schools Information:

  • Redlands East Valley High School, Public District Grades 9-12
  • Redlands Eacademy, Public District Grades KG-12
  • Moore Middle School, Public District Grades 6-8
  • Mariposa Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Wabash and Sunset Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000

Tax Information:

  • Annual Amount: $3,843
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redlands, CA.

Med. Sold Price

$615.1K

Med. Price/SqFt

$362

Avg. Days On Market

26

# of Sold Homes

50

12261 Wabash Ave vs Redlands

380 DAYS ON ROCKET

+354 Days

$1,495,000

+$879.8K More

KEY TAKEAWAY

This property is $879.8K more than the Median Sold Price in Redlands, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV23066569

Listing Office:

  • Office Name: COLDWELL BANKER KIVETT-TEETERS
  • Office Phone: (909) 649-2746
  • Listing Agent: TIM VELIQUETTE

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2010Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,843$303,900
2020$5,282$303,900
2019$5,259$295,000
2018$5,215$425,425
2017$5,157$417,083

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6941341
6
/10
  • Mariposa Elementary School

  • 30800 Palo Alto Dr

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6941342
5
/10
  • Moore Middle School

  • 1550 E Highland Ave

  • 1.76 miles

  • Public District Grades 6-8

High School

school-card-donut-6941343
6
/10
  • Redlands East Valley High School

  • 31000 Colton Ave

  • 2.23 miles

  • Public District Grades 9-12

school-card-donut-6941344
6
/10
  • Redlands Eacademy

  • 820 West Stuart Ave

  • 3.90 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $139,496. Most Redlands, CA residents have annual incomes between $100k-200k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12261 Wabash Ave

What is the listing price of this property?

The listing price of 12261 Wabash Ave property is $1,495,000.

What type of property is this?

The property 12261 Wabash Ave is land located in Redlands, California, 92373.

Is this property for sale now?

Active Listing: 12261 Wabash Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12261 Wabash Ave are:
Mariposa Elementary School: GreatSchools Rating 6/10
Moore Middle School: GreatSchools Rating 5/10
Redlands East Valley High School: GreatSchools Rating 6/10
Redlands Eacademy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,843 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2010 for $125,000. (source: MLS/tax record).

How much acreage is this property?

The property 12261 Wabash Ave is 46.80 acres.
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Rocket HomesCaliforniaSan Bernardino CountyRedlands9237312261 Wabash Ave

This home is located at 12261 Wabash Ave in Redlands, CA and zip code 92373 in the South Redlands neighborhood. This home sits on a 46.80 acre lot. It has been listed on Rocket Homes since April 22, 2023 and is currently priced at $1,495,000.

Over 22 listings were sold over their listed price in April 2024 in Redlands, CA. In the same period over 17 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Redlands, CA increased by 10.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $615,125, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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