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$17,400,000
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Property Description
We are proud to present for sale, The Willow Luxury Townhomes (The Willow), a brand-new construction trophy asset located at 221 North Mountain Avenue in the desirable west region of the Inland Empire.
The Willow is situated on the west side of North Mountain Avenue between West D Street and West Stoneridge Court in the city of Ontario, California. Ontario is a high-demand rental market, one of the fastest growing cities within the Inland Empire, and the economic heart of the region. Tenants at The Willow will benefit from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Target, Stater Brothers, Cardenas and a variety of restaurants, malls, parks, banks, and fitness centers nearby. Additionally, within close-proximity are essential services like Ontario International Airport, Kaiser Permanente Medical Center and Pomona Valley Hospital Medical Center. Also, within a 10-mile radius, are popular attractions like Ontario Mills, Montclair Plaza, Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. Lastly, the property is centrally located with convenient access to the 10, 60, 57, 71, 210 and 15 freeways connecting to all the Inland Empire, Los Angeles County, Orange County, and beyond.
The Willow Luxury Townhomes consists of 39 tri-level townhouse style residential units. The property is a green building and finished construction in June 2024. It features eighteen, one-bedroom/one-bathroom + loft townhomes and 21, two-bedroom/two-and-one-half-bathroom townhomes with an average unit size of 998 square feet. Unit amenities feature private attached garages with Bluetooth access, EV Charging accessible, modern waterproof plank flooring, in-unit washer & dryer, stainless steel appliance package, hardwood cabinetry, quartz countertops, recessed lighting, central air-conditioning & heating, and private balconies. The well-maintained property also features controlled gated access at alleyway, professional management, a shared picnic area with BBQ grilling stations, built-in yard games, paid-for solar panels, and is a cozy community atmosphere.
The property is a great long-term investment opportunity boasting non-rent-controlled units, minimal maintenance, and tenant paid utilities (each unit is individually metered for electric and gas and has a sub-meter for water and sewer. Tenants also pay for their own trash bins).
Full Property Details
Full Property Details for 221 N Mountain Ave
General
- Sold For: $17,400,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV24230827
- Added to Site: 440 day(s) ago
Rooms
Other Rooms
- Laundry: Dryer Included, Inside, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 60
Location
- Area: 686 - Ontario
- County: San Bernardino
- Development Name: 686 - Ontario
- Driving Directions: Merge onto I-10 W, Take exit 55A for Holt Blvd, Turn right onto N Mountain Ave
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 39
- # Gas Meters: 39
- # Electric Meters: 39
Structural Information
- Entry Location: 1
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 38,925
- Year Built: 2024
Lot Features
- Lot Size (Acres): 1.27
- Lot Size Source: Assessor
- Lot Description: 36-40 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $447.01
- Price Per Unit: 461410
Listed by Cb Richard Ellis, ERIC CHEN
Sold by Hebron Equities Inc., YONG GAO
Get Pre-Approved Today
Schools
Schools serving 221 N Mountain Ave
School Districts:Ontario-Montclair Elementary School District, Chaffey Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Kingsley Elementary School, Montclair, CA 5625 Kingsley Street, Montclair, CA 91763 | K-6 | 0.7 mi |
Vernon Middle School 9775 Vernon Avenue, Montclair, CA 91763 | 7-8 | 1.1 mi |
Montclair High School 4725 Benito Street, Montclair, CA 91763 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 N Mountain Ave
Date
Details
Price
Change
Source
2/10/2025
Sold
$17,400,000
-3.31%
MLS
11/08/2024
Listed
$17,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
221 N Mountain Avenue, Ontario, CA 91762 (MLS# CV24230827) is a Multi-Family property that was sold at $17,400,000 on February 10, 2025. Want to learn more about 221 N Mountain Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ontario? You can browse all Ontario real estate or contact a Coldwell Banker agent to request more information.

