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$3,998,000

Est. payment - /mo

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9.87 Acres Lot

Active

1735 Rancho Summit DR Encinitas, CA 92024

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Olivenhain

MLS Listing ID OC25171596

HOA Y/N No

Lot Size 9.870 Acres

Property Description

1735 Rancho Summit Dr. a 9.9- acre flat residential lot presents a rare opportunity in the prestigious Olivenhain Ranch area of Encinitas. This 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 1735 Rancho Summit Dr., Encinitas, this outstanding property 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.

Location

State CA

County San Diego

Area 92024 - Encinitas

Zoning RR

Interior

Fireplace No

Exterior

Community Features Curbs, Dog Park, Foothills, Golf, Hiking, Horse Trails, Hunting, Park, Sidewalks, Valley

View Y/N Yes

View Coastline, Canyon, Park/Greenbelt, Golf Course, Harbor, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Peek-A-Boo, Rocks, River, Trees/Woods

Building

Lot Description 6-10 Units/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 2644500800

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Lease Option, Owner May Carry

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Lease Option, Owner May Carry

Special Listing Condition Standard

Listed by Lucy Scott Visionaire Real Estate 949-877-9000

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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