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Bryan Garrity

bryan.garrity@engelvoelkers.com +1(858) 525-3202

$ 2,700,000

Est. payment -/mo

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Pending

11025 Summit AVE Santee, CA 92071

2.32 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PTP2604018

HOA Y/N No

Lot Size 2.320 Acres

Lot Dimensions Assessor

Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring Parcel for sale to combine to 4.64 Acres and up to a 64 unit build. 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, 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 pct, 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, andWilliam Lyon Homes' Riverview, just to name a few.

Location

State CA

County San Diego

Area 92071 - Santee

Zoning R-7

Interior

Fireplace No

Exterior

Community Features Suburban

View Y/N Yes

View Panoramic

Building

Lot Description 11-15 Units/Acre, 2-5 Units/Acre, 6-10 Units/Acre, Front Yard, Gentle Sloping, Street Level

New Construction No

Others

Senior Community No

Tax ID 3781800900

Acceptable Financing Cash, Conventional, Contract, Fannie Mae, Freddie Mac, Private Financing Available, Submit

Listing Terms Cash, Conventional, Contract, Fannie Mae, Freddie Mac, Private Financing Available, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Pamela Macias MR Agent Real Estate Inc. 619-608-4786, DRE #01967517

NEARBY SCHOOLS & PROPERTIES

Bryan Garrity

Advisor | License ID: 01501862

+1(858) 525-3202

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