1551 Pine Heights Way

San Marcos, CA 92069

$995,000

List Price

3

bed Beds

2

shower Baths

1,288 sqft

straighten / sqft

1968

calendar_month Built

Open Houses

Next available: Saturday, November 2nd, 2024 11:00 am - 1:00 pm

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Property Description

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!

Listing Information

List Price $995,000
Status Active
MLS NDP2409479
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1968
Lot Size 78,408
Structure Size 1,288
DOM 9
Courtesy Of Real Broker
Listing Agent Cesy Cruz DRE#01789608

Interior Features

Laundry Information
Location(s) Laundry Room, Propane Dryer Hookup
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Flooring Information
Material Carpet
Fireplace Information
Features Living Room
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Cesy Cruz, Real Broker 760-445-8886. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 2nd, 2024 at 3:53 PM 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.