1233 Rock Springs Road

Escondido, CA 92026

$4,000,000

List Price

3

bed Beds

2

shower Baths

1,028 sqft

straighten / sqft

1979

calendar_month Built

Property Description

This site consists of 3.86 acres, the second parcel adjacent is sold separately (a total of 9 acres). The site is centrally located in San Diego County, near the I-15 and I-78 freeways and directly between the City of San Marcos / City of Escondido borderlines. The area has proven residential absorption and is in a good residential corridor. The land is Zoned Rural Residential with a General Plan Land Use of Village Residential (VR-4.3). This Land Use allows for the development of 38 single-family, 6,000 SF Lots (with the purchase of two lots totaling 9 acres at 4.3DU/AC). The site is within the VMT Efficient threshold - see attached exhibits for confirmation. County staff supports development in the village and is aware of this project’s future development potential. Ownership is willing to structure escrow by providing time for the buyer to close at entitlements, with earnest money milestone deposit payments. Recent New Construction Community Home sales boast a closing range between $919,500 and $1,299,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $845,000 and $959,000.00 PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***

Listing Information

List Price $4,000,000
Status Active
MLS SW24190169
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1979
Lot Size 168,142
Structure Size 1,028
DOM 93
Courtesy Of LPT Realty, Inc
Listing Agent Elvira Salazar DRE#01775858

Interior Features

Laundry Information
Location(s) Inside
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air, Gas

Exterior Information

Maps

Listing information courtesy of: Elvira Salazar, LPT Realty, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 5:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.