DREAM opportunity for custom-build homes! For investors or home builders. 9.87 acres R4 residential lot with panoramic view, 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. 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 at aproximately 2 acres per lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (a cross the street), The community was so popular and has been completely sold out within months. This is a 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 R4 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. Price fits for owner/user or developer. Some county documents shown the address was 1735 Rancho Summit Dr., Ecinitas; The title report also
MLS #
CROC24155839
MLS Source
California Regional MLS
Days on Site
50
Lot Description
Grade - Level, Hunting
Water
Other
HOA Fee
$0
Zoning
D2, BY, PRKG, FY, GDN, GRNB, LW
1735 Rancho Summit Dr is in Encinitas, CA 92024. This Land is currently priced at $3,988,000.
This address can also be written as 1735 Rancho Summit Dr, Encinitas, CA 92024.©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 August 22, 2024. For the most current information, please contact Lucy Scott