31
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$1,010,000
$1,150,000 12.2%
Est. payment /mo
3 Beds
2 Baths
1,288 SqFt
Sold on 03/28/2025
1551 Pine Heights WAY San Marcos, CA 92069
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Key Details
Sold Price $1,010,000
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $784
MLS Listing ID CRNDP2501604
Bedrooms 3
Full Baths 2
Year Built 1968
Lot Size 1 Sqft
Property Sub-Type Single Family Home
Property Description
Seller is only willing to accept offers from buyers who can pay 100% in cash. ATTENTION INVESTORS/DEVELOPERS! This is a rare opportunity to acquire a 1.8-acre property in a prime San Marcos location. Just a block away from Costco, Walmart, and other major shopping centers, this property is ideally positioned for future development. Currently zoned R-1 (Residential Single-Family), the property offers tremendous potential for rezoning to accommodate multi-family units, making it the perfect investment for developers with vision. The lot features a 1288 sqft 3-bedroom, 2-bath home. The seller is specifically looking for an investor or developer who can unlock the full potential of this valuable lot and create something extraordinary in this rapidly growing neighborhood. Septic will need to be replaced. Owner is in possession of a County Permit for an alternative septic system and also two bids from contractors who specialize in alternative septic installations. In addition, a local contractor, that works with developers, has created a checklist of items and timeline after talking to the city and county and is available as a consultant. With the right vision, this property could become a lucrative, income-generating investment. Don't miss out on this chance to invest in a
Location
State CA
County San Diego
Area 92069 - San Marcos
Zoning R-1
Rooms
Kitchen Dishwasher, Hood Over Range
Interior
Heating Central Forced Air, Fireplace
Cooling Central AC
Flooring Laminate
Fireplaces Type Living Room
Laundry In Laundry Room
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Pool None
View Local/Neighborhood
Building
Story One Story
Others
Special Listing Condition Not Applicable
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Listed by Cesy Cruz • Palomar Property Services
Bought with Dominic Jabro
Bought with Dominic Jabro