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Listed by Elvira Salazar • LPT Realty, Inc
$ 4,000,000
Est. payment /mo
Active
1233 Rock Springs Road Escondido, CA 92026
3 Beds
2 Baths
1,028 SqFt
UPDATED:
12/18/2024 03:18 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $3,891
Subdivision Southwest Escondido
MLS Listing ID SW-24190169
Bedrooms 3
Full Baths 2
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
Zoning RS
Interior
Cooling Central Air, Gas
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Suburban
View Y/N Yes
View City Lights
Building
Lot Description 2-5 Units/Acre
Sewer Septic Type Unknown
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944