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Re/Max Ltd-Select
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818-336-6777
veronica@
mwilsonrealtors.com
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SOLD
$3,990,000
Date 05/22/2024

0 Ranch Summit
Encinitas, CA 92024

Land
Land Lot
9.87
Acre Lot
Listing Agent: Lucy Scott CalDRE: 01328471 - Visionaire Real Estate;
CRMLS Homeseekers> California> Encinitas> 92024
Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. DREAM HOME LOT! Approximately 50% lower than market price compared to the sold adjacent same size lot. This listing is selling 9.87 acres R4 residential lot with hills view, nice creek behind the lot. It located at Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold at $2.2 million Approximately per 2 acres lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (cross the street), The community was so popular and has been completely sold out within months. This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R4 residential lot.. This is great value in this fast value appreciating area. Price fits for owner/user or developer. Some county documents shown the address was 1735 Ranchi Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024Seller originally was selling 4.9 acres land which was half of full 9.87 acres lot on this listing; the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres at Price of $3.99 Million.
OC24067972
Land Lot - Land, Other
San Diego
9.87 Acres
Public,See Remarks
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Lucy Scott CalDRE: 01328471 - Visionaire Real Estate;
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Based on information from CRISNet MLS as of 6/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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