BACK ON THE MARKET. No Fault of Seller. Seller is only willing to accept offers from buyers who can pay 100% in cash. 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. 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. Septic will need to be repair/replace. 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!
Property Details
Price:
$995,000
MLS #:
NDP2409479
Status:
Pending
Beds:
3
Baths:
2
Address:
1551 Pine Heights Way
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92069sanmarcos
City:
San Marcos
Listed Date:
Oct 21, 2024
State:
CA
Finished Sq Ft:
1,288
ZIP:
92069
Lot Size:
78,408 sqft / 1.80 acres (approx)
Year Built:
1968
See this Listing
Mortgage Calculator
Schools
School District:
Escondido Union
Interior
Accessibility Features
None
Cooling
Central Air
Fireplace Features
Living Room
Flooring
Carpet
Heating
Fireplace(s)
Exterior
Community Features
Sidewalks, Urban
Garage Spaces
2.00
Lot Features
Back Yard, Corner Lot, Front Yard
Parking Features
Driveway, Garage
Parking Spots
6.00
Pool Features
None
R V Parking Dimensions
R V Parking
Sewer
Other
Stories Total
1
View
Neighborhood
Financial
Association Fee
0.00
Utilities
Electricity Connected
Map
Community
- Address1551 Pine Heights Way San Marcos CA
- Area92069 – San Marcos
- CitySan Marcos
- CountySan Diego
- Zip Code92069
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Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
1551 Pine Heights Way
San Marcos, CA
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