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!
MLS #
CRNDP2409479
MLS Source
California Regional MLS
Days on Site
11
Bedrooms
Ground Floor Bedroom
Fireplace
Living Room
Laundry
In Laundry Room
Cooling
Central Forced Air
Heating
Fireplace, Propane
Pool
None
Garage/Parking
Garage, Other, Garage: 2 Car(s)
High School District
Escondido Union High
HOA Fee
$0
Zoning
R-1
1551 Pine Heights Way is a Single Family Residence in San Marcos, CA 92069. This 1,288 square foot property sits on a 1.8 Acres Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $995,000 and was built in 1968.
This address can also be written as 1551 Pine Heights Way, San Marcos, CA 92069.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 30, 2024. For the most current information, please contact Cesy Cruz, (760) 445-8886