$2,700,000
( )
 $14,494 est/mo Sourced by Back At You

11025 Summit Avenue , Santee, CA 92071

Santee, CA 92071

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Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Parcel was recently approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size. NEW CONSTRUCTION COMMUNITIES IN DEMAND! Property is located in close proximity to in demand housing development communities such as Mastercraft Residential's Walker Trails, Summit Santee's Noble Way, Pardee Homes' Castlerock, Kb Homes' River Village and townhome/condominium development communities such as Presidio Cornerstone's Laurel Heights, Pardee Homes' Weston, City Ventures' Caribbean Way, Kb Homes' Prospect Fields, and William Lyon Homes' Riverview, just to name a few. Recent New Construction Community Home sales boast a closing range between $905,500 and $1,300,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $738,000 and $964,000.00 PRICE & TERMS: All offers will be considered. Suggested due diligence period is 60 days. Offers contingent upon entitlement may be considered.

Details

MLS#230019859SD
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site292
Listing Provided ByRadius Agent Realty 628-219-3672 | Pamela Macias

Features

ZoningR-7
Acreage2.32
Property ViewYes

Market Activity 92071

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Diego
CitySantee
Zip Code92071
Area92071 Santee
Listing VS Median (in 92071)
Price:
$2,700,000
low | high
Med:
$699,000
100% of Average
On Site:
292
low | high
Med:
18.000000
100% of Average
Sourced by Back At You
Listing Updated: July 8, 2024 at 4:26:09 PM PDT