1233 Rock Springs Road, Escondido, CA 92026

$4,000,000 Asking Price

3 beds
2 baths
1,028  sqft
Built in 1979

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 projects 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 ***

Features & Amenities

Interior

Laundry:
Inside
A/C:
Central Forced Air,Gas
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
San Diego

Lot

Zoning:
RS, 2281700200
View:
City Lights

Utilities

Water:
Public

Financial

Source:
California Regional MLS

This listing courtesy of:
Big Block Realty, Elvira Salazar

About Escondido, CA

Housing

Number of Units
63,924
Median Home Value
$541,579
Median Rent
$1,464

40.98% of housing units are renter occupied.

3.83% are vacant.

Commute

Car
73.44%
Public Transportation
1.55%
Walk to Work
1.38%
Work from Home
21.28%
Other
1.77%

The median travel time to work is 24 minutes.

People

Population
186,034
Median Age
36.60
Median Household Size
3.02

Education

High School
21.30%
Associate’s Degree
6.83%
Bachelor’s Degree
18.76%
Graduate Degree
10.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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