1551 Pine Heights Way, San Marcos, CA 92069
$1,010,000
Est. payment /mo
$1,150,000
12.2%
Est.Price: ?

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3 Beds
2 Baths
1,288 SqFt
SOLD DATE : 03/28/2025

Key Details

Sold Price $1,010,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,288 sqft

Price per Sqft $784

MLS Listing ID NDP2501604

Sold Date 03/28/25

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1968

Lot Size 1.800 Acres

Property Sub-Type Single Family Residence

Property Description

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 replaced. Owner is in possession of a County Permit for an alternative septic system and also two bids from contractors who specialize in alternative septic installations. In addition, 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!

Location

State CA

County San Diego

Area 92069 - San Marcos

Zoning R-1

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Range Hood

Laundry Laundry Room

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks, Urban

Utilities Available Electricity Connected

View Y/N Yes

View Neighborhood

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Front Yard

Story 1

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Schools

School District Escondido Union

Others

Senior Community No

Tax ID 2281002300

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Lease Land No

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Listed by Cesy Cruz Palomar Property Services cesycruzrealtor@gmail.com, DRE #01789608
Bought with Dominic Jabro ShoppingSDHouses

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Carlos Elizondo

Carlos Elizondo

+1(619) 992-9150

Agent | CA DRE#02066903

Agent CA DRE#02066903

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