A rare opportunity in the prestigious Olivenhain Ranch area of Encinitas, This 1735 Rancho Summit Dr. a 9.9- acre flat residential lot , as a hidden jewel of the prime residential land is available at half the market price, making it ideal for investors or home builders seeking a lucrative venture. The property boasts a panoramic view, nearly all flat terrain, and a picturesque creek at the rear. Positioned in a fast-developing high-end neighborhood with luxury homes featuring amenities like private lakes and horse barns, this parcel is a valuable asset. City utilities are readily accessible, and the land is zoned for two large homes with four acres per residence, in line with the county's preference. Nearby developments have demonstrated strong demand, even with small-sized lots selling for millions. With paved roads, clear boundaries, and a strategic location at Encinitas, this outstanding flat lot in a rapidly appreciating area is a must-see for owner/users for a family compound or large ranch homes or for developers and 1031 exchange buyer for a lucrative investment.
Details
MLS #
OC25171596
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
405
Listing Provided By
Visionaire Real Estate | Lucy Scott
Features
Zoning
RR
Acreage
9.87
Golf Course
Yes
Property View
Yes
Exterior
Lot Features
Six To Ten Units Acre
Location
Community Features
Curbs, Dog Park, Foothills, Golf, Hiking, Horse Trails, Hunting, Park, Sidewalks, Valley
Area Information
State
CA
County
San Diego
City
Encinitas
Zip Code
92024
Area
92024 Encinitas
Community Name
Olivenhain
Sourced by Back At You
MLS#: OC25171596 Listed By: Lucy Scott - Visionaire Real Estate - 9498779000- lucyliuscott@gmail.com
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MLS#: OC25171596 Listed By: Lucy Scott - Visionaire Real Estate - 9498779000- lucyliuscott@gmail.com