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Property Description
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 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: $221,400/yr. NOI: $147,231/yr. Cap rate: 5.04%.
Zoning: RS | San Bernardino County (unincorporated). 132 ft × 417 ft total. 112 ft × 417 ft buildable.
May qualify as like-kind replacement property for a 1031 Exchange.
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.
Full Property Details
Full Property Details for 1253 Agate
General
- Price: $1,400,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: IV26139697
- Updated: Today (6/26/2026)
- Added to Site: Today
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: San Bernardino
- Driving Directions: From Mentone, go South on Agate
School Information
- School District: Redlands Unified
Community
- Community Features: Suburban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Type Unknown
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: driveway
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,156
- Sq. Ft. Source: Assessor
- Year Built: 1946
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 1.2636
- Lot Size (Sq. Ft.): 55,044
- Lot Size Source: Assessor
- Lot Description: Value In Land
Financial Considerations
- Price Per Sq. Ft.: $1,211.07
Disclosures and Reports
- Special Conditions: Standard
Listed by All Nations Realty & Invs, JERRY AVILA
Get Pre-Approved Today
Schools
Schools serving 1253 Agate
School District:Redlands Unified School District
| Name | Grades | Distance |
|---|---|---|
Mentone Elementary School 1320 Crafton Avenue, Mentone, CA 92359 | K-5 | 0.4 mi |
Clement Middle School 501 East Pennsylvania Avenue, Redlands, CA 92374 | 6-8 | 3.1 mi |
Redlands East Valley High School 31000 East Colton Avenue, Redlands, CA 92374 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1253 Agate
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,400,000
115.38%
MLS
8/07/2023
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1253 Agate
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,222
7%
$326,400
2%
2024
$3,947
496%
$320,000
699%
2023
$662
2%
$40,064
-88%
2022
$650
-85%
$329,782
657%
2021
$4,213
498%
$43,572
1%
2020
$704
-45%
$43,125
2%
2019
$1,279
146%
$42,279
2%
2018
$519
1%
$41,450
2%
2017
$515
22%
$40,638
2%
2016
$421
1%
$39,841
2%
2015
$417
3%
$39,243
2%
2014
$403
—
$38,475
—
2013
$402
—
$38,301
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1253 Agate
1253 Agate, Mentone, CA 92359 (MLS# IV26139697) is a Single Family property with 5 bedrooms and 3 full bathrooms. 1253 Agate is currently listed for $1,400,000 and was received on June 26, 2026. Want to learn more about 1253 Agate? Do you have questions about finding other Single Family real estate for sale in Mentone? You can browse all Mentone real estate or contact a Coldwell Banker agent to request more information.

