Encinitas, CA 92024,1735 Rancho Summit Dr.
Encinitas, CA 92024,1735 Rancho Summit Dr.
Encinitas, CA 92024,1735 Rancho Summit Dr.
$3,990,000
Est. payment /mo
$3,990,000
Est.Price: ?

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9.9 Acres Lot
SOLD DATE : 05/22/2024

Key Details

Sold Price $3,990,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23197621

Sold Date 05/22/24

HOA Y/N No

Lot Size 9.900 Acres

Acres 9.9

Property Description

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 for $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 92024 Seller originally was selling 4.9 acres land at the listing price of $1.99 million. The 4.9 acrees was subdevided from the full 9.87 acres lot. The 4.9 acres land was $1.99 Million; the whole 9.87 acres land at Price of $3.99 Million.
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 for $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 92024 Seller originally was selling 4.9 acres land at the listing price of $1.99 million. The 4.9 acrees was subdevided from the full 9.87 acres lot. The 4.9 acres land was $1.99 Million; the whole 9.87 acres land at Price of $3.99 Million.

Location

State CA

County San Diego

Area Encinitas (92024)

Building

Lot Size Range 4+ to 10 AC

Others

Monthly Total Fees $62

Acceptable Financing Cash, Exchange, Seller May Carry

Listing Terms Cash, Exchange, Seller May Carry

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San Diego Regional MLS (SDMLS)
Listed by Lucy Scott • Visionaire Real Estate
Bought with Lucy Scott • Visionaire Real Estate
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