UPDATED:
11/03/2024 02:38 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $772
MLS Listing ID NDP2409479
Style Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1968
Lot Size 1.800 Acres
Acres 1.8
Property Description
ATTENTION INVESTORS/DEVELOPERS! This is a rare opportunity to acquire a 1.8-acre property in a prime San Marcos location. Just a block away from Costco, Walmart, and other major shopping centers, this property is ideally positioned for future development. Currently zoned R-1 (Residential Single-Family), the property offers tremendous potential for rezoning to accommodate multi-family units, making it the perfect investment for developers with vision. The lot features a 1288 sqft 3-bedroom, 2-bath home, but please note that the septic system will need to be rebuilt or replaced before the property can be occupied. The seller is specifically looking for an investor or developer who can unlock the full potential of this valuable lot and create something extraordinary in this rapidly growing neighborhood. A local contractor, that works with developers, has created a checklist of items and timeline after talking to the city and county and is available as a consultant. With the right vision, this property could become a lucrative, income-generating investment. Don't miss out on this chance to invest in a highly desirable area with great upside potential!
Location
State CA
County San Diego
Area San Marcos (92069)
Zoning R-1
Interior
Heating Propane
Cooling Central Forced Air
Flooring Carpet
Fireplaces Type FP in Living Room
Laundry Laundry Room
Exterior
Garage Garage
Garage Spaces 2.0
Utilities Available Electricity Available
View Neighborhood
Total Parking Spaces 6
Building
Lot Description Corner Lot, Sidewalks
Story 1
Lot Size Range 1+ to 2 AC
Sewer Perc Test Completed
Level or Stories 1 Story
Schools
Elementary Schools Escondido Union School District
Middle Schools Escondido Union School District
High Schools Escondido Union High School District
Others
Miscellaneous Urban
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878