1735 Rancho Summit Drive, Encinitas, CA 92024
- $3,500,000
- List Price
- $3,500,000
- Price Change
- ▼ $400,000 1769579331
- Status
- ACTIVE
- MLS#
- OC25171596
- Lot Size
- 429,937
- Acres
- 9.87
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 362
- Property Type
- Land
- Neighborhood
- Olivenhain
Property Description
A rare opportunity in the prestigious Olivenhain Ranch area of Encinitas, This 1735 Rancho Summit Dr. a 9.9- acre flat residential lot , as a 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 Encinitas, this outstanding flat lot 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.
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Additional Information
- View
- Coastline, Canyon, Park/Greenbelt, Golf Course, Harbor, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Peek-A-Boo, Rocks, River, Trees/Woods
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Lucy Scott (lucyliuscott@gmail.com) from Listing Office: Visionaire Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.