1551 Pine Heights Way

San Marcos, CA 92069

$1,150,000

List Price

3

bed Beds

2

shower Baths

1,288 sqft

straighten / sqft

1968

calendar_month Built

Property Description

Seller is only willing to accept offers from buyers who can pay 100% in cash. 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. 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. Septic will need to be replaced. Owner is in possession of a County Permit for an alternative septic system and also two bids from contractors who specialize in alternative septic installations. In addition, 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 $1,150,000
Status Active
MLS NDP2501604
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1968
Lot Size 78,408
Structure Size 1,288
Courtesy Of Palomar Property Services
Listing Agent Cesy Cruz DRE#01789608
Co-Listing Agent John Boruff DRE#01857648

Interior Features

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

Exterior Information

Other Structures
Views Neighborhood

Maps

home_work Nearby Properties

Listing information courtesy of: Cesy Cruz, John Boruff, Palomar Property Services 760-445-8886. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 20th, 2025 at 2:08 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.