12201 Michigan, Grand Terrace, CA 92313
12201 Michigan, Grand Terrace, CA 92313
Property Description
Rare opportunity to own over 1 acre in the heart of Grand Terrace! This home sits on a HUGE LOT, and offers excellent potential for development. Buyers are encouraged to contact the City of Grand Terrace regarding possible rezoning opportunities to increase density. The home features 5 bedrooms and 2 bathrooms, beautifully remodeled with a very new roof, electricals, an updated kitchen, and fully renovated bathrooms. It sits on over an acre of land, providing plenty of space for outdoor living, entertaining, or future improvements. Located in a progressive, business-friendly city with convenient freeway access, this site presents a great opportunity for builders, developers, or investors seeking a centrally located project in the Inland Empire.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
Grand Terrace · Single Family Residence
Listed 110.9% above the median closed sale of $550,000. Price per sqft ($986) is a 111% premium to closed comps ($467).
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 22139 Tanager Street | Grand Terrace | 1966 | 4 | 2 | 1,304 | 7,600 | $498 | $649,900 | 108 | 70 |
| 12870 Fremontia Avenue | Grand Terrace | 1972 | 4 | 2 | 1,378 | 7,280 | $411 | $567,000 | 51 | 69 |
| 22637 La Paix Street | Grand Terrace | 1963 | 4 | 2 | 1,434 | 7,474 | $425 | $610,000 | 40 | 69 |
| Total: 3 · Average | 4.0 | 2.0 | 1,372 | 7,451.333 | $444.667 | $608,966.667 | 66.33333333333333 | |||
| Median | 1,378 | $610,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12780 Fremontia | Grand Terrace | 1972 | 09/18/2026 | 4 | 2 | 1,378 | 7,245 | $549,000 | $549,000 | $398 | 1.00 | 104 | 69 |
| 22196 EMERALD Street | Grand Terrace | 1985 | 07/01/2026 | 3 | 2 | 1,130 | 9,540 | $549,999 | $550,000 | $487 | 1.00 | 281 | 69 |
| 22757 Palm Avenue | Grand Terrace | 1967 | 05/14/2026 | 3 | 2 | 1,169 | 1,169 | $409,000 | $404,000 | $346 | 0.99 | 63 | 68 |
| 12536 Reed | Grand Terrace | 1977 | 06/11/2026 | 3 | 2 | 1,118 | 7,150 | $599,900 | $589,900 | $528 | 0.98 | 48 | 68 |
| 12662 Thomas Court | Grand Terrace | 1985 | 10/05/2026 | 3 | 2 | 1,000 | 14,075 | $575,000 | $575,000 | $575 | 1.00 | 52 | 67 |
| Total: 5 · Average | 3.2 | 2.0 | 1,159 | 7,835.8 | $533,580 | $533,580 | $466.8 | — | 109.6 | ||||
| Median | 1,130 | $550,000 | $550,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.