Listing by: Cesy Cruz, Real Broker

3 Beds

2 Baths

1,288 SqFt

Active

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!

Property Details
Price $995,000
Bedrooms 3
Full Baths 2
Half Baths 0
Total Baths 2
Lot Size Area 1.8
Lot Size Area Units Acres
Acres 1.8
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1968
View Neighborhood
Heating Fireplace(s),Propane
Accessibility None
Lot Description Back Yard,Corner Lot,Front Yard
Laundry Features Individual Room,Propane Dryer Hookup
Pool features None
Parking Description Driveway,Garage
Parking Spaces 6
Garage spaces 2
Association Fee 0
Geographic Data
Directions From the 78 Freeway, take the Nordahl exit. Head north on Nordahl Rd. Turn right onto Pine Heights Dr. Property will be on the right.
County San Diego
Latitude 33.136922
Longitude -117.117114
Market Area 92069 - San Marcos
Address Information
Address 1551 Pine Heights Way, San Marcos, CA 92069
Postal Code 92069
City San Marcos
State CA
Country United States
Listing Information
Listing Office Real Broker
Listing Agent Cesy Cruz
Special listing conditions Standard
Virtual Tour URL https://www.propertypanorama.com/instaview/crmls/NDP2409479
School Information
District Escondido Union
MLS Information
Days on market 9
MLS Status Active
Listing Date Oct 24, 2024
Listing Last Modified Nov 2, 2024
Tax ID 2281002300
MLS Area 92069 - San Marcos
MLS # NDP2409479

This information is believed to be accurate, but without any warranty.
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