El Dorado | Favorable Residential Zone| Irvine, CA

Iron Horse Hills

IRON HORSE HILLS

City of Colton

THE OPPORTUNITY

The subject property is an approved TTM and Development Agreement for 184 SFD lots with three distinct lot size segments. The segmentation of the lots will allow a builder to create and optimize the designs for the homes to maximize absorption and sales to homebuyers in this supply constrained market. The rough grading plan has been approved by SCE and will need to be submitted to city for final approval. Buyer will be responsible for completing the final engineering for the project. Preliminary CFD bond sizing has been completed and will be updated by a buyer of the property to finalize the processing and issuance of the bonds. All utilities are available to the perimeter of the property. The necessary resource permits to commence grading of the site are in process.

PROPERTY HIGHLIGHTS

Three distinct lot segments to offer a variety of homes to the market.
There is deep homebuyer demand in the submarket as evidenced by strong absorption rates and high home prices in the area.
Ideal location adjacent to Loma Linda and the growing employment centers in the Inland Empire.
Community offers extensive open space and views while located in an infill market.
Supply constrained market for new homes and builder lot supply.

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