Description

This site consists of 3.86 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 14 single-family, 6,000 SF Lots. 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 PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***