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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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841 Saint Paul Dr,  San Marcos CA, 92069

(Pending)
$1,400,000
|
|
MLS# 240002420SD
Last Updated: 5/17/2024 1:35 PM
Description for 841 Saint Paul Dr San Marcos, CA 92069
4 Individual Legal Parcels (4 APNs) ranging from 12,000+ to 18,000+ SQFT with approved Grading, Improvement Plans, and Completed Building Plans ready for submittal. Perched atop the picturesque San Marcos Hills, 841 St. Paul Dr. beckons as a premier development opportunity in San Marcos, CA. Spanning 1.3 acres, this distinguished property boasts entitled land with an approved Parcel MAP for 4 individual lots (4 APNs), approved Grading, and Improvement Plans. With Building Plans drawn up for 4 luxury homes ready for submission to the County, this expansive canvas invites discerning investors to explore two compelling development options. Whether envisioning a collection of four luxury contemporary homes with sweeping views or pioneering a Build to Rent (BTR) community with 12 to 16 rental units, the possibilities are as vast as the landscape itself. 1) Build 4 luxury contemporary modern homes: Plans ready to submit for 4 homes (3925 sf each), including the main house, attached ADU, plus a two-car garage Price range: $1.5-$1.7m each, total exit value $6.0m to $6.5m Beautiful views of San Marcos hills and greens, adjacent to a park in a 19-home enclave 2) BTR (Build to Rent) community: Use Modular or site-built 12 to 16-rental units Rental prices: $2800-$4000 per unit, responding to the demand for single-family rentals Offer: $1.4M for all 4 lots or individual lot sales possible (Approved Grading & Improvement plans are for the entire site)
Price
$1,400,000
San Marcos
San Diego
240002420SD
Pending
Description
4 Individual Legal Parcels (4 APNs) ranging from 12,000+ to 18,000+ SQFT with approved Grading, Improvement Plans, and Completed Building Plans ready for submittal. Perched atop the picturesque San Marcos Hills, 841 St. Paul Dr. beckons as a premier development opportunity in San Marcos, CA. Spanning 1.3 acres, this distinguished property boasts entitled land with an approved Parcel MAP for 4 individual lots (4 APNs), approved Grading, and Improvement Plans. With Building Plans drawn up for 4 luxury homes ready for submission to the County, this expansive canvas invites discerning investors to explore two compelling development options. Whether envisioning a collection of four luxury contemporary homes with sweeping views or pioneering a Build to Rent (BTR) community with 12 to 16 rental units, the possibilities are as vast as the landscape itself. 1) Build 4 luxury contemporary modern homes: Plans ready to submit for 4 homes (3925 sf each), including the main house, attached ADU, plus a two-car garage Price range: $1.5-$1.7m each, total exit value $6.0m to $6.5m Beautiful views of San Marcos hills and greens, adjacent to a park in a 19-home enclave 2) BTR (Build to Rent) community: Use Modular or site-built 12 to 16-rental units Rental prices: $2800-$4000 per unit, responding to the demand for single-family rentals Offer: $1.4M for all 4 lots or individual lot sales possible (Approved Grading & Improvement plans are for the entire site)
Listing Information
Property Type: Land, Other
1.29 Acres Assessor
San Marcos
Natural Gas Available
Residential
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
319x175
R-1
Level
Partial
Level
Driving Directions
78 Freeway exit Nordahl Road. Left on Auto Park Way, Right on Montiel Rd, Left on Saint Paul Drive CrossStreet: Montiel Rd
Financial Considerations
2281303200
Cash,Conventional
Listing Price History

San Marcos Real Estate

San Marcos is located in California. San Marcos, California 92069 has a population of 96,308.

The median household income in San Marcos, California 92069 is $75,843. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in San Marcos 92069 is 38 years.

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Listing Agent: Alexander Ciullo CalDRE: 02012544 - Pacific Sotheby's Int'l Realty
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This content last refreshed on 5/17/2024 1:35 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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