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28442 San Timoteo Canyon, Redlands, CA 92373

Redlands
Local realty services provided by:CENTURY 21 Masters
28442 San Timoteo Canyon,Redlands, CA 92373
$2,100,000
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  • 5 Beds
  • 4 Baths
  • 3,326 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Oct 24
    10:00 am - 12:00 pm
Listed by: james monks, jennifer holland
Office: tower agency951-369-8002
MLS#:IV26148460
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$631.39

About this home

TWO REMODELED HOMES • NEARLY 16 ACRES • APPROXIMATELY $1.4 MILLION IN REMAINING CONTRACTED AM RADIO STATION GROUND-LEASE REVENUE THROUGH 2046. This extraordinary San Timoteo Canyon property combines 2 separate remodeled homes, equestrian and agricultural improvements, and a long-term ground lease with an established AM radio station. The lease currently generates $4,200 per month, includes contractual rent increases, and continues through March 2046. Based solely on the lease’s minimum future increases, the remaining contracted revenue is approximately $1.4 million, with potential for additional income when applicable CPI exceeds the contractual 3% annual floor. Approx. 15.93 acres, the property includes 2 detached homes totaling approx. 3,326 square feet. The two residences provide exceptional flexibility for multigenerational living, extended family, guests, ranch staff, or separate residential use. The larger residence, built in 1991, offers approx. 1,800 square feet with 3...

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Home facts

  • Year built:1991
  • Listing ID #:IV26148460
  • Added:105 day(s) ago
  • Updated:October 23, 2026 at 01:45 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile, Vinyl
  • Kitchen Description:Dishwasher, Electric Oven, Microwave, Pantry, Range Hood
  • Living area:3,326 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1991
  • Building area:3,326 sq. ft.
  • Lot area:15.93 Acres
  • Lot Features:Agricultural, Horse Property, Lot Over 40000 Sqft, Pasture, Ranch
  • Architectural Style:Ranch
  • Construction Materials:Frame, Stucco
  • Exterior Features:Concrete, Covered, FrontPorch, Patio, Porch
  • Levels:1 Story

Utilities

  • Water:Water Connected, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$631.39

Features and amenities

  • Appliances:Dishwasher, Electric Oven
  • Laundry features:Inside
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Open Floor Plan, Quartz Counters, Recessed Lighting, Storage

Parking

  • Total parking spaces:2
  • Parking description:Concrete, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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