1551 Pine Heights Way

San Marcos, CA 92069
$995,000
1288 sqft | 3 beds | 2 baths | 1.80 acres | #NDP2409479
Courtesy of Real Broker

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!

  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • View:Neighborhood
      • Stories:1
      • Lot description:BackYard, CornerLot, FrontYard
    • Measurements
      • Acres:1.8
      • Square Feet:1288
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1968
  • Utilities / Energy Details
    • Utility
      • Sewer information:PercTestOnFile
      • Utility features:ElectricityAvailable
  • Community and Neighborhood Details
    • Location
      • School district:Escondido Union
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$995, 000
  • Other
    • Source
      • MLS #:NDP2409479

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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