Pending
10939 Summit Avenue
Santee CA, 92071
$4,550,000
Pending
Commercial
Listed by Pamela Macias with Radius Agent Realty 619-820-2454
4.65 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. Currently improved with one 3 bedroom/2 bathroom, 1,288 squarefoot single-family residence, large detached garage, and one mobile home, located on site. The property is currently owner occupied with no tenant occupancies. DO NOT ENTER PROPERTY OR DISTURB RESIDENTS. All tours must be coordinated with Pamela Macias from Radius Agent.
230004634SD
MLSⓇ ID
March 11, 2023
Listed
August 30, 2024
Updated
Map
10939 Summit Avenue
Santee CA, 92071
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4.65 Acres
Lot Features
Level
Other Property Details
Area Name
92071 - Santee
Days on Market
479
Garage
No
Parking Total
0
View
Yes
County
San Diego
Pool
No
Zoning
R-7
Listing Contact: 628-219-3672
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 6:54 PM UTC