11138 Laurel Avenue, Bloomington, California 92316, Bloomington, - bed, bath

home-pic
ACTIVE$2,999,888
11138 Laurel Avenue, Bloomington, California 92316
3Beds
2Baths
1,694Sqft
104,544Lot
Year Built
1944
Close
-
List price
$3M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG24248241
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Pool
Patio
ViewNeighborhood, Trees/Woods

About this home

Excellent Equestrian Property or Development Opportunity in a Prime Bloomington Location! Take advantage of this rare opportunity to own 2.4 acre equestrian property with a house situated in a highly sought-after area of Bloomington. Ideal for horse lovers, developers, builders, and investors. This property offers immense potential for future growth and development. The property includes a well-maintained 3-bedroom, 2-bathroom house, with approximately 1,694 sq. ft. of living space. Zoned BL/RS-1-AA Single Residential with a one-acre minimum lot size and additional agricultural overlay, this land is primed for residential and commercial possibilities. This property also allows for truck parking and future development of concrete tilt-up warehouses with other warehouse development plans and construction already in effect in the immediate area. This prime location offers a wealth of options for developers looking to maximize potential in a growing area. Don’t miss out—contact us today to explore how this land can work for your next big project!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (49 Listings)
Beds33
50%
Baths22
50%
Square foot1,6941,378
74%
Lot Size104,5447,900
98%
Price$3M$558K
98%
Price per square foot$1,771$398
98%
Built year19449840985
6%
HOA
Days on market327169
98%
Condition Rating
Fair

The property was built in 1944. The interior photos show that the kitchen has been updated with newer appliances and flooring. The bathrooms are not clearly visible, but the overall style of the house suggests that they may be outdated. The house appears to be maintained, but it is aged and likely requires some updates.
Pros & Cons

Pros

Large Lot Size: The property boasts a significant 2.4-acre lot, providing ample space for various uses.
Equestrian Potential: The property is ideally suited for equestrian activities, appealing to horse enthusiasts.
Development Opportunity: Zoned BL/RS-1-AA, the land offers substantial development potential for residential or commercial projects.
Prime Location: Located in a highly sought-after area of Bloomington, ensuring convenience and potential appreciation.
Truck Parking Allowed: The property allows for truck parking, adding value for businesses or individuals with transportation needs.

Cons

Year Built: The house was built in 1944, suggesting it may require updates or renovations.
High List Price: The list price of $2,999,888 may be a barrier for some buyers, especially considering the age of the existing structure.
Price Reduction: The property has experienced a price reduction of $1,000,012 from the original list price, which may indicate challenges in the market or perceived overpricing.

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