tomo logo

$4,000,000

Beds
3
Baths
2.0
sq ft
1,028

1233 Rock Springs Rd, Escondido, CA 92026

1233 Rock Springs Rd

Escondido, CA 92026

  • 98 days on market
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 project’s 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 ***

Details

Property type

Single Family Residence

Lot size

3.86 acres

Price per sq ft

$3,892

Year built

1979

HOA

No

Price History

09/16/2024
CRMLS

CRMLS #SW24190169

Listed
$4,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Escondido Union

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Status: Active

Tomo last checked: 12/23/2024 at 5:40 AM

Listing updated: 12/18/2024 at 9:50 PM

Listed by: Elvira Salazar, LPT Realty, Inc Phone #: (877) 366-2213

MLS: CRMLS #SW24190169

CRMLS logo

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