Escondido, CA 92026,1233 Rock Springs Road
Escondido, CA 92026,1233 Rock Springs Road
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$ 4,000,000
Est. payment | /mo

3 Beds

2 Baths

1,028 SqFt


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$ 4,000,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,028 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,028 sqft

Price per Sqft $3,891

Subdivision Southwest Escondido

MLS Listing ID SW24190169

Style Detached

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1979

Lot Size 3.860 Acres

Acres 3.86

Property Description

This site consists of 3.86 acres, the second parcel adjacent is sold separately (a total of 9 acres). The site is centrally located in San Diego County, near the I-15 and I-78 freeways and directly between the City of San Marcos / City of Escondido borderlines. The area has proven residential absorption and is in a good residential corridor. The land is Zoned Rural Residential with a General Plan Land Use of Village Residential (VR-4.3). This Land Use allows for the development of 38 single-family, 6,000 SF Lots (with the purchase of two lots totaling 9 acres at 4.3DU/AC). The site is within the VMT Efficient threshold - see attached exhibits for confirmation. County staff supports development in the village and is aware of this projects future development potential. Ownership is willing to structure escrow by providing time for the buyer to close at entitlements, with earnest money milestone deposit payments. Recent New Construction Community Home sales boast a closing range between $919,500 and $1,299,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $845,000 and $959,000.00 PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***
This site consists of 3.86 acres, the second parcel adjacent is sold separately (a total of 9 acres). The site is centrally located in San Diego County, near the I-15 and I-78 freeways and directly between the City of San Marcos / City of Escondido borderlines. The area has proven residential absorption and is in a good residential corridor. The land is Zoned Rural Residential with a General Plan Land Use of Village Residential (VR-4.3). This Land Use allows for the development of 38 single-family, 6,000 SF Lots (with the purchase of two lots totaling 9 acres at 4.3DU/AC). The site is within the VMT Efficient threshold - see attached exhibits for confirmation. County staff supports development in the village and is aware of this projects future development potential. Ownership is willing to structure escrow by providing time for the buyer to close at entitlements, with earnest money milestone deposit payments. Recent New Construction Community Home sales boast a closing range between $919,500 and $1,299,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $845,000 and $959,000.00 PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***

Location

State CA

County San Diego

Community Southwest Escondido

Area Escondido (92026)

Zoning RS

Interior

Cooling Central Forced Air, Gas

Laundry Inside

Exterior

Garage Spaces 2.0

View City Lights

Total Parking Spaces 2

Building

Story 1

Lot Size Range 2+ to 4 AC

Water Public

Level or Stories 1 Story

Schools

Elementary Schools Escondido Union School District

Middle Schools Escondido Union School District

High Schools Escondido Union High School District

Others

Monthly Total Fees $9

Miscellaneous Suburban

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Elvira Salazar • Big Block Realty
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+1(619) 349-4945

eric@keyrealtyca.com

401 W A St, San Diego, CA, 92101, USA

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1233 Rock Springs Road