DREAM HOME LOT! This listing is selling 4.9 acres popular VIEW residential lot, near Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. Easy to find, the crossroads are Fortuna Ranch and Ranch Summit Drive, next to Rancho Michelle. All road are paved. This lot has clear borders, easy to find. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (just next to this land), they were completely sold out within months. This is a fast developing high-end area surrounded by luxury houses with average value between $6 million to 18 millions. There are many large ranch homes around with their own lakes and mini glof court or horse barns. Water and utilities ready to be applied from the city; current zoning is R residential lot. you also could purchase the whole lot of 9.87 acres This is a great value and rare flate land in this value appreciating area, a gret opportunity. The Price fit for an owner/user or developer. Seller is in the process of land subdivision and your escrow could be closed at any moment.
OC23197621
Land, Other
San Diego
4.9
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Mountain, Panoramic, Valley, Trees/Woods, Canyon, Creek/Stream
- Zoning
- RR
- Additional Exterior/Lot Features
- 2-5 Units/Acre,Flag Lot,Level,Rectangular Lot.
Financial Considerations
2644500800
Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
Arrows indicate 90 day trend
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