DREAM HOME LOT! This listing is selling 9.87 acres mountain VIEW residential lot with creek behinde, 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 roads are paved. This lot has clear borders. 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 approximate value between $7 million to 18 million. There are many large ranch homes around with private lakes and mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R residential lot, it also could be subdivided into miltipel lots. This is great value in this fast value appreciating area. Price fits for owner/user or developer. The seller is in the process of land subdivision, your escrow could be closed at any moment.
Price
$3,990,000
Olivenhain
San Diego
OC24067972
Active
Description
DREAM HOME LOT! This listing is selling 9.87 acres mountain VIEW residential lot with creek behinde, 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 roads are paved. This lot has clear borders. 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 approximate value between $7 million to 18 million. There are many large ranch homes around with private lakes and mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R residential lot, it also could be subdivided into miltipel lots. This is great value in this fast value appreciating area. Price fits for owner/user or developer. The seller is in the process of land subdivision, your escrow could be closed at any moment.
Listing Information
Property Type: Land, Other
9.87 Acres
Public Records
Olivenhain
Public,See Remarks
Other
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Hill, Trees/Woods, Canyon
Residential
6-10 Units/Acre,Ranch,Rocks
Driving Directions
from Furtuna ranch road turn to Ranch Summit Dr., and the corssing of ranch summit drive and Rancho Michelle.
Financial Considerations
2445008000
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Listing Price History
Encinitas Real Estate
Encinitas is located in California.
Encinitas, California 92024 has a population of 61,755.
The median household income in Encinitas, California 92024 is
$120,846.
The median household income for the surrounding county is $83,628
compared to the national median of $66,222.
The median age of people living in Encinitas 92024 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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