1551 Pine Heights Way

San Marcos, CA 92069

$995,000
Price
3
Beds
2
Baths
1,288 Sq. Ft.
$773 / Sq. Ft.
1,288
Sq. Ft.
$773
per Sq. Ft.

Description

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...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!
  1. Listed by Cesy Cruz • DRE #01789608 • Brokerage DRE #02022092 • Real Broker

Property Details for 1551 Pine Heights Way

View
Neighborhood
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Building Type
Detached
Lot Size Source
Public Records
Living Area
1288
Assessor Parcel Number
228-100-23-00
LISTING UPDATED: 11/27/2024 06:58 AM

Property Details for 1551 Pine Heights Way

StatusActive Under Contract
MLS #NDP2409479
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1968
Lot Size1.80 AC / 78,408 SF
CountySan Diego County

Building Information for 1551 Pine Heights Way

Stories1Year Built1968Building Size-Lot Size1.80 AC / 78,408 SF

Property Information for 1551 Pine Heights Way

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 000806
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Urban
  • Number Of Units In Community: 1
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Individual Room, Propane Dryer Hookup
  • Laundry Location: Laundry Room
  • Laundry Utilities: Propane
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Propane Gas
  • Heat Source: Propane
  • Heating: Fireplace(s), Propane
  • Heat Equipment: Fireplace
  • Floor Coverings: Carpet
  • Flooring: Carpet
Exterior Features
  • Entry Location: Side Entry
  • Fence: No
  • Miscellaneous: Urban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lease Considered: No
  • Number Of Units: 1
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: No
  • Levels: One
  • Sewer: Perc Test On File
  • Sewer/Septic: Perc Test Completed
  • Utilities: Electricity Available
  • Electric: Electricity Available
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • RV Parking Dimensions: RV Parking
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1551 Pine Heights Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1551 Pine Heights Way

Taxable ValueLand$252,494Additions$114,880Total$367,374
Tax Record2024$4,178 ($348 / month)
Home Facts
Beds3Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtLot Size78,408 SqFtStyleSingle Family ResidenceYear Built1968ZoningR-1:SINGLE FACountySAN DIEGOAPN228-100-23-00

Schools near 1551 Pine Heights Way

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Rock Springs Elementary School
PublicK to 5

Rincon Middle School
Public6 to 8

Escondido High School
Public9 to 12

Limitless Learning Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Real Broker, Cesy Cruz, DRE #01789608

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