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Listed by: JAMES MONKS (951) 640-7469 DRE #01247818, Jennifer Holland DRE #01254878 | Tower Agency (951) 369-8002
$2,100,000
Monthly Est:$10,452
5 Beds
4 Baths4 full baths
3,326sqft
28442 San Timoteo Cyn, Redlands, CA 92373
$2,100,000
$10,452/moEst:
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Single Family Residence
Built in 1991
$-- HOA
15.93 acres lot
$631/sq.ft
Description
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. 1...
Continue Reading- Houzeo last checked: 2 minutes ago
- Listing updated: September 8, 2026 at 7:48 pm
- Source: California Regional MLS-CA | MLS#: IV26148460
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1991
HOA Fees
-
Finished Area
3,326 sqft
Lot Size
15.93 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV26148460
MLS Status
Active
Days on Market
71
Cumulative Days on Market
61
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Flooring
Tile, Vinyl
Cooling
Central Air
Interior Features
Ceiling Fans, Separate Formal Dining Room, Eat In Kitchen, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Bedroom On Main Level, Main Level Primary, Primary Suite
Sewer
Septic Tank
Appliances
Dishwasher, Electric Oven, Microwave, Range Hood
Heating
Central
Construction
Year Built
Year Built: 1991
Home type
Single Family Residence
Construction Materials
Frame, Stucco
Property Condition
Updated Remodeled, Turnkey
Roof
Composition
Architectural Style
Ranch
Utilities & Energy
Fireplace Features
Living Room, Masonry
Pool Features
None
Laundry Features
Inside, Laundry Room
Parking Features
Concrete, Driveway, Garage, Rv Access Parking
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Utilities
Electricity Connected, Propane, Water Connected
Water Source
Well
Other Features
Community Features
Hiking, Horse Trails, Mountainous, Rural
Lot Features
Sixteen To Twenty Units Acre, Agricultural, Horse Property, Lot Over40000sqft, Pasture, Ranch
Patio And Porch Features
Concrete, Covered, Front Porch, Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
07/09/2026 Source: | Price Decreased | $2,100,000 -4.55% $631/sqft |
07/09/2026 Source: | Listed for Sale | $2,200,000 $661/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 08:00AM 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. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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