11025 Summit Avenue, Santee, CA 92071 – 230019859SD

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Alex Ortega

alex@theortegateam.com +1(619) 454-3903

$ 2,700,000

Est. payment | -/mo

2.32 Acres Lot

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$ 2,700,000

Est. payment | -/mo

Save Virtual Tour

2.32 Acres Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 230019859SD

HOA Y/N No

Lot Size 2.320 Acres

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. 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

Area 92071 - Santee

Zoning R-7

Interior

Fireplace No

Exterior

View Y/N Yes

Present Use Residential

Building

Lot Description Level

Others

Tax ID 3781800900

Virtual Tour https://www.propertypanorama.com/instaview/snd/230019859

Listed by Pamela Macias Radius Agent Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 13

8

Carlton Oaks School

Public | KG - 8
8

Rio Seco School

Public | KG - 8
8

Riverview Elementary School

Public | 1 - 5
7

Carlton Hills School

Public | KG - 8
7

PRIDE Academy

Public | KG - 8
7

Cajon Park School

Public | KG - 8
7

Lakeside Farms Elementary School

Public | KG - 5
6

Chet F. Harritt School

Public | KG - 8
6

Sycamore Canyon School

Public | KG - 6
6

Hill Creek School

Public | KG - 8
0

Santee Alternative

Public | KG - 8
0

Santee Success Program

Public | KG - 8
0

Learning Academy

Private | PK - 8

Middle Schools 2

9

River Valley Charter

Public | 7 - 12
7

Lakeside Middle School

Public | 6 - 8

High Schools 2

8

Santana High School

Public | 9 - 12
6

West Hills High School

Public | 9 - 12

School and business data provided by Attom Data.

+1(619) 454-3903

alex@theortegateam.com

900 Lane Ave Ste 100, Chula Vista, CA, 91914-3503, USA

11025 Summit Avenue Santee, CA 92071