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Listed by Elvira Salazar • LPT Realty, Inc
$4,000,000
Est. payment /mo
3 Beds
2 Baths
1,028 SqFt
UPDATED:
12/18/2024 07:48 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $3,891
MLS Listing ID CRSW24190169
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1979
Lot Size 3.860 Acres
Property Description
This site consists of 3.86 acres, the second parcel adjacent is sold separately (a total of 9 acres). The site is centrally located in San Diego County, near the I-15 and I-78 freeways and directly between the City of San Marcos / City of Escondido borderlines. The area has proven residential absorption and is in a good residential corridor. The land is Zoned Rural Residential with a General Plan Land Use of Village Residential (VR-4.3). This Land Use allows for the development of 38 single-family, 6,000 SF Lots (with the purchase of two lots totaling 9 acres at 4.3DU/AC). The site is within the VMT Efficient threshold - see attached exhibits for confirmation. County staff supports development in the village and is aware of this project’s future development potential. Ownership is willing to structure escrow by providing time for the buyer to close at entitlements, with earnest money milestone deposit payments. Recent New Construction Community Home sales boast a closing range between $919,500 and $1,299,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $845,000 and $959,000.00 PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***
Location
State CA
County San Diego
Interior
Cooling Central Air, Other
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
View City Lights
Private Pool false
Building
Story 1
Water Public
Schools
School District Escondido Union High
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803