1735 Rancho Smt, Encinitas, CA 92024

$3,500,000

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List Price
$3,500,000
Price Change
▼ $400,000 1769611226
Days on Market
364
Status
ACTIVE
MLS#
OC25171596
Lot Size(apprx.)
429,937
City
Encinitas
Neighborhood
Olivenhain
Property Type
Land

Property Description

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. 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.

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lucy Scott (949-877-9000) from Listing Office: Visionaire Real Estate.

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