11025 Summit Avenue #n/a, Santee, CA 92071

Santee, CA 92071,11025 Summit Avenue #n/a

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Glen Henderson

[email protected] +1(619) 889-7646

$2,700,000

Est. payment - /mo

2.32 Acres Lot

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UPDATED:

07/08/2024 11:25 PM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Pending

Purchase Type For Sale

Subdivision Santee

MLS Listing ID 230019849

HOA Y/N No

Lot Size 2.320 Acres

Acres 2.32

Lot Dimensions 619'x169'

Type of Financing Cash,Conventional,Other/Remarks

Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. 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. Density based on gross acreage. 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

Community Santee

Area Santee (92071)

Zoning R-7

Exterior

Fence Full

View Mountains/Hills, Panoramic, Parklike

Utilities Available Electric

Building

Lot Description Public Street, Street Paved

Lot Size Range 2+ to 4 AC

Sewer Septic Installed

Water Meter on Property

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other/Remarks

Listing Terms Cash, Conventional, Other/Remarks

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Listed by Pamela Macias • Radius Agent Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities