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Listed by Lucy Scott • Visionaire Real Estate
$ 3,998,000
Est. payment /mo
New
1735 Rancho Summit DR Encinitas, CA 92024
9.87 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25171596
Lot Size 9.870 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
DREAM opportunity for a residential land for custom-build homes! Half of the market price. For investors or home builders. 9.9 acres residential lot with panoramic view, almost all flat, nice creek behind the lot. It located at Olivenhein Ranch, an luxury large house neighbourhood in Encinitas's unincorporated area of the county of San Diego. This isa fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns.Water and utilities ready to be applied from the city; current zoning is R residential lot, the county of SD prefers to building 2 large homes with 4 acres per house.This is a great value in this fast appreciating area. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold for $2.2 million each Approximately. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (a cross the street), The community was sopopular and has been completely sold out within months. Price fits for owner/user or developer. Some county documents shown the address was 1735 Rancho Summit Dr
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning D2
Exterior
View Golf Course, Greenbelt, Hills, Marina, Local/Neighborhood, Ocean, Panoramic, Canyon, 30, River / Stream, 34, Forest / Woods
Building
Lot Description Hunting
Water District - Public
Others
Tax ID 2644500800
Special Listing Condition Not Applicable
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