1551 Pine Heights Way

San Marcos,CA 92069

$ 995000

3 Beds

2 Baths

1288 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,288 sqft

Price per Sqft $772

MLS Listing ID NDP2409479

Bedrooms 3

Full Baths 2

Year Built 1968

Lot Size 1.800 Acres

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 92069 - San Marcos

Zoning R-1

Interior

Heating Fireplace(s),Propane

Cooling Central Air

Flooring Carpet

Fireplaces Type Living Room

Laundry Laundry Room,Propane Dryer Hookup

Exterior

Parking Features Driveway,Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks,Urban

Utilities Available Electricity Available

View Y/N Yes

View Neighborhood

Building

Lot Description Back Yard,Corner Lot,Front Yard

Story 1

Sewer Perc Test On File

New Construction No

Schools

School District Escondido Union

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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