For sale · Active

1253 Agate

Mentone, CA 92359

$1,200,000
Bedrooms & bathrooms5 Beds • 3 Baths
Living area2,334 Sq Ft
Lot size1.2636 acres
Property typeSingle Family Residence
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Listing broker / agent: ALL NATIONS REALTY & INVS · JERRY AVILA · 909-908-9474 · CRMLS

MLS # IV26139697 · Last checked Oct 19, 2026 20:56 UTC

About this property

INVESTOR OPPORTUNITY | 4-PARCEL DEVELOPMENT SITE | 1031 EXCHANGE CANDIDATE. 1253 & 1255 Agate Ave, Mentone CA 92359. Rare income-producing development opportunity in Mentone's supply-constrained submarket. Two fully remodeled SFRs currently leased at $2,750/mo (3bd/2ba) and $2,300/mo (2bd/1ba) — immediate cash flow of $5,050/mo from day one. Site totals 55,044 SF (1.26 acres) including private access corridor. Conceptual plan supports 4 parcels averaging ~11,676 SF each, SFR + ADU per parcel — 8 income-producing units at stabilization. Given site size and depth, a buyer with appropriate development expertise may have the opportunity to achieve 5 or 6 lots. Buyer to verify all development possibilities with San Bernardino County Land Use Services. Projected stabilized gross income: $228,600/yr. NOI: $152,019/yr. Cap rate: 5.38%. New SFRs projected at $3,000/mo each. ADUs projected at $2,000/mo each. Stabilized total: $19,050/mo across all 8 units. All figures illustrative — buyer to verify independently. Zoning: RS | San Bernardino County (unincorporated). 132 ft × 417 ft total. 112 ft × 417 ft buildable. Private access corridor included in sale. May qualify as like-kind replacement property under IRC Section 1031. Consult qualified intermediary and tax advisor. Seller makes no representations regarding tax treatment. Sold as-is. Buyer to verify all zoning and development standards with San Bernardino County prior to close. Conceptual site plan available upon request. Shown by appointment only.

Property details

MLS number
IV26139697
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
5 Beds • 3 Baths
Living area
2,334 Sq Ft
Lot size
1.2636 acres
County
San Bernardino
Year built
1946
Stories
1
More property detailsExpandCollapse

Listing

Days on market
90

Building

Year built
1946
Year built source
Assessor
Stories
1
Building stories
1
Levels
One
Entry level
1
Living area source
Assessor

Bathrooms

Full bathrooms
3

Rooms & interior

Main-level bedrooms
5
Main-level bathrooms
3
Rooms
Bedroom
Interior features
All Bedrooms Down
Heating
Central
Cooling
Central Air
Fireplace
None
Laundry
Inside

Exterior & parking

Total parking spaces
4
Garage spaces
4
Attached garage
No
Pool
None
Lot features
Value In Land
Lot size source
Assessor
Property outlook
None

Utilities & community

Water
Public
Sewer
Septic Type Unknown
Community features
Suburban

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Redlands Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Mentone Elementary (school website, opens in a new tab) Redlands Unified · Mentone K–5 0.4 mi
Redlands East Valley High (school website, opens in a new tab) Redlands Unified · Redlands 9–12 0.5 mi
Crafton Elementary (school website, opens in a new tab) Redlands Unified · Redlands K–5 1.0 mi
Judson & Brown Elementary (school website, opens in a new tab) Redlands Unified · Redlands K–5 1.7 mi
Moore Middle (school website, opens in a new tab) Redlands Unified · Redlands 6–8 1.7 mi
Franklin Elementary (school website, opens in a new tab) Redlands Unified · Redlands K–5 2.6 mi
Redlands Senior High (school website, opens in a new tab) Redlands Unified · Redlands 9–12 2.7 mi
Clement Middle (school website, opens in a new tab) Redlands Unified · Redlands 6–8 3.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,200,000
MLS-reported original asking price
$1,400,000
MLS-reported previous asking price
$1,300,000
MLS-reported last price change
2026-09-23 13:13 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 08:28$1,200,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Mentone

Active residential homes for sale in Mentone, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings12Current authorized inventory
Median asking price$652,00012 listings with a valid price
Median asking price / sq ft$352.7011 listings with confirmed sq ft
Median days on market46.512 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction2
Listings with an increase0

2 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 21:19 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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