Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email [email protected] for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU – More units can (and should) be explored -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks
Property Details
Price:
$1,049,000
MLS #:
NDP2407849
Status:
Active
Baths:
0
Address:
5488 New Mills Rd 4668805900
Type:
Land
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
Mar 1, 2025
State:
CA
ZIP:
92115
Lot Size:
34,848 sqft / 0.80 acres (approx)
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Schools
Interior
Exterior
Community Features
Suburban
Lot Features
Cul- De- Sac, Lot 20000-39999 Sqft
Sewer
None
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Neighborhood, Trees/ Woods
Water Source
See Remarks
Financial
Association Fee
0.00
Map
Community
- Address5488 New Mills Rd 4668805900 San Diego CA
- Area92115 – San Diego
- CitySan Diego
- CountySan Diego
- Zip Code92115
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5488 New Mills Rd 4668805900
San Diego, CA
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