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$1,150,000

Beds
3
Baths
2.0
sq ft
1,288

1551 Pine Heights Way, San Marcos, CA 92069

1551 Pine Heights Way

San Marcos, CA 92069

  • 6 days on market
Seller is only willing to accept offers from buyers who can pay 100% in cash. 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. 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. Septic will need to be replaced. Owner is in possession of a County Permit for an alternative septic system and also two bids from contractors who specialize in alternative septic installations. In addition, 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!

Details

Property type

Single Family Residence

Lot size

1.8 acres

Price per sq ft

$893

Year built

1968

Price History

02/17/2025
SanDiego

SanDiego #NDP2501604

Listed
$1,150,000
+15.58%
02/05/2025
SanDiego

SanDiego #NDP2409479

Removed
$995,000
01/08/2025
SanDiego

SanDiego #NDP2409479

Pending
$995,000

Schools & Community

Elementary school: 

Escondido Union School District

Middle school: 

Escondido Union School District

High school: 

Escondido Union High School District

Number of units in community: 

1

Status: Active

Tomo last checked: 02/23/2025 at 12:00 PM

Listing updated: 02/21/2025 at 11:28 AM

Listed by: Cesy Cruz, Cesy Cruz, Phone #: (760) 755-1700

MLS: SanDiego #NDP2501604

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