Homes for sale - 11009 Summit Avenue, Santee, CA 92071

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

$2,700,000

Est. payment - /mo

2.32 Acres Lot

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UPDATED:

09/30/2024 06:55 PM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 230004624SD

HOA Y/N No

Lot Size 2.320 Acres

Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring parcel for sale combining to 4.64 Acres and up to a 64 unit build. 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.

Location

State CA

County San Diego

Area 92071 - Santee

Zoning R-7

Interior

Fireplace No

Exterior

View Y/N Yes

Present Use Residential

Building

Lot Description Level

Others

Tax ID 3781801000

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Listed by Pamela Macias • Radius Agent Realty

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

350 W 5th Ave, Escondido, CA, 92025, USA

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11009 Summit Avenue Santee, CA 92071