28442 San Timoteo Canyon
Redlands, CA 92373
Listing broker / agent: Tower Agency · JAMES MONKS · 951-640-7469 · CRMLS
MLS # IV26148460 · Last checked Oct 19, 2026 22:31 UTC
About this property
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 bedrooms and 3 bathrooms. The second home, built in 1960, approx. 1,600 square feet with 2 bedrooms and 1 bathroom. Offering modern interiors and country living. A valuable and unique feature is the property’s established AM radio station ground lease. Approx. 4.9 acres are for the station’s broadcast site. The radio station owns and maintains its towers and related broadcasting equipment, while the property owner receives the ground-lease income. The lease currently produces $50,400 annually. The approx. $1.4 million in remaining contracted revenue assumes only the minimum 3% increase for every future period, meaning actual total payments may be higher. Beyond the income stream, well equipped for equestrian use, 32 horse stalls, multiple corrals, turnout areas. Substantial possibilities for a private equestrian estate, boarding, training, breeding, or other permitted agricultural uses. The property also includes an Old West town, creating a setting for enjoyment, events, photography, film and television production, or other creative uses. A mature producing citrus grove enhances the property’s agricultural character. Enjoy open space, privacy, and views of the surrounding hills, mountains, orchards, and San Timoteo Canyon. Despite its peaceful rural setting, it has access to shopping, dining, and major transportation routes. The nearby Nature Sanctuary contributes to the open-space character of the surrounding area.
Property details
- MLS number
- IV26148460
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 5 Beds • 4 Baths
- Living area
- 3,326 Sq Ft
- Lot size
- 15.9317 acres
- County
- San Bernardino
- Year built
- 1991
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 75
Building
- Year built
- 1991
- Year built source
- Assessor
- Architectural style
- Ranch
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Frame, Stucco
- Roof
- Composition
- Condition
- Updated Remodeled, Turnkey
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 4
Rooms & interior
- Main-level bedrooms
- 5
- Main-level bathrooms
- 4
- Rooms
- Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
- Appliances
- Dishwasher, Electric Oven, Microwave, Range Hood
- 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
- Flooring
- Tile, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room, Masonry
- Laundry
- Inside, Laundry Room
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Concrete, Driveway, Garage, Rv Access Parking
- Attached garage
- Yes
- Pool
- None
- Spa
- None
- Patio / porch
- Concrete, Covered, Front Porch, Patio, Porch
- Lot features
- Sixteen To Twenty Units Acre, Agricultural, Horse Property, Lot Over40000 Sqft, Pasture, Ranch
- Lot size source
- Assessor
- Fencing
- Cross Fenced, Livestock, Vinyl
- Property outlook
- Hills, Mountains, Orchard, Pasture, Valley
Utilities & community
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Water Connected
- Community features
- Hiking, Horse Trails, Mountainous, Rural
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.
Nearby public schools
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.
| School / district | Grades | Distance |
|---|---|---|
| Kimberly Elementary (school website, opens in a new tab) Redlands Unified · Redlands | K–5 | 1.8 mi |
| Smiley Elementary (school website, opens in a new tab) Redlands Unified · Redlands | K–5 | 2.0 mi |
| Cope Middle (school website, opens in a new tab) Redlands Unified · Redlands | 6–8 | 2.1 mi |
| Kingsbury Elementary (school website, opens in a new tab) Redlands Unified · Redlands | K–5 | 2.3 mi |
| McKinley 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 | 3.1 mi |
| Mariposa Elementary (school website, opens in a new tab) Redlands Unified · Redlands | K–5 | 3.1 mi |
| Bryn Mawr Elementary (school website, opens in a new tab) Redlands Unified · Loma Linda | K–5 | 3.3 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
- $2,100,000
- MLS-reported original asking price
- $2,200,000
- MLS-reported previous asking price
- $2,200,000
- MLS-reported last price change
- 2026-09-08 12:39 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:34 | $2,100,000 |
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.
Market trends in Redlands
Active residential homes for sale in Redlands, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
38 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 22:33 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.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
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