LP.com

Dream home lot! Would have ocean view on the upper floors after building your large dream house. Mountain and ranch view now, semi-Flat lot Beside major paved road. Residential lot near Olivenhein ranch, unincorporated area of county of San Diego, on the border of Encinitas. Easy to find, the Crossing roads will be Fortuna Ranch and Ranch Summit Drive. Next to Rancho Michelle. The lot has clear borders, The famous builder SHEA Homes has development a new luxury community nearby (just next to this land) in 2020 and has completely sold out within months. The Road has been paved and with easy access. It is a Fast developing area with Luxury houses around 5 millions with 4000-5000 Sqts. per house., Many any large ranch homes around. Water and utilities ready to be applied from the city; current zoning is R residential. Can be subdivided to 2 or multiple residential lots. Not many buildable lot available nearby. Great value in this value appreciating area. Price fit for owner user or developer. Seller is in the process of land subdivision and escrow could be closed at any moment. The original lot is 9.87 acres and seller is selling 1/2 of the lot for this listing at 4.9 acres at $1.99 million. The investor can also purchase the entire lot.