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$3,998,000

Est. payment - /mo

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9.87 Acres Lot

Active

1735 Rancho Summit DR Encinitas, CA 92024

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Olivenhain

MLS Listing ID OC24155839

HOA Y/N No

Lot Size 9.870 Acres

Property Description

Back to the market after several offers. DREAM opportunity for custom-build homes! For investors or home builders. 9.9 acres 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. 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 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 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. Price fits for owner/user or developer. Some county documents shown the address was 1735 Rancho Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024

Location

State CA

County San Diego

Area 92024 - Encinitas

Zoning R4

Interior

Fireplace No

Exterior

Community Features Biking, Curbs, Foothills, Golf, Hiking, Hunting, Mountainous, Park, Valley

View Y/N Yes

View Back Bay, City Lights, Coastline, Courtyard, Canyon, Park/Greenbelt, Golf Course, Hills, Meadow, Mountain(s), Ocean, Peek-A-Boo, Rocks, River, Creek/Stream

Building

Lot Description 6-10 Units/Acre, Back Yard, Corner Lot, Front Yard, Garden, Greenbelt, Street Level

Water Other, See Remarks

New Construction No

Others

Senior Community No

Tax ID 2644500800

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, Owner Will Carry

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, Owner Will Carry

Special Listing Condition Standard

Listed by Lucy Scott • Visionaire Real Estate • 949-877-9000

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