1551 Pine Heights Way, San Marcos, CA 92069

$995,000 Asking Price

3 beds
2 baths
1,288  sqft
Built in 1968

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!

Features & Amenities

Interior

Laundry:
Laundry Room
Flooring:
Carpet
A/C:
Central Forced Air
Heating:
Fireplace, Propane
Fireplace:
FP in Living Room
Disability Feature:
None

Exterior

Pool:
None
Parking:
Driveway, Parking spaces: 6

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
CR Paragon
County:
San Diego

Lot

Zoning:
R-1, 2281002300
View:
Neighborhood

Utilities

Utilities:
Electricity Available
Sewer:
Perc Test Completed

Financial

Source:
CR Paragon

This listing courtesy of:
Real Broker, Cesy Cruz

About San Marcos, CA

Housing

Number of Units
34,652
Median Home Value
$594,954
Median Rent
$1,720

37.47% of housing units are renter occupied.

4.07% are vacant.

Commute

Car
66.00%
Public Transportation
0.89%
Walk to Work
1.72%
Work from Home
29.55%
Other
1.24%

The median travel time to work is 20 minutes.

People

Population
99,795
Median Age
35.70
Median Household Size
3.20

Education

High School
17.87%
Associate’s Degree
8.63%
Bachelor’s Degree
27.02%
Graduate Degree
12.69%

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

Similar Homes

Message

Interested in this home?

Request more information: