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$ 3,700,000
Est. payment | /mo
40.49 Acres Lot
$ 3,700,000
Est. payment | /mo
40.49 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Santee
MLS Listing ID 240025005SD
HOA Y/N No
Year Built 1945
Lot Size 40.490 Acres
Property Description
Rare opportunity to buy 40.49 Acres in the City of Santee, combination of city location, natural beauty, and 40+ acre lot size, majority of which is San Diegan Coastal Sage Scrub native habitat, bordering San Diego's beautiful Mission Trails Regional Park (one of largest mountainous parks in major US city). A seasonal stream runs through the valley in Winter months in years with average or above average rainfall. The land is blanketed with 100's of California Native Trees, Shrubs, and Vineyard, includes miles of trails, and adjoins 100's of acres of open space. All conveniently located near Schools, Shopping and Public Transit. The property consists of a relatively flat 6.27 acre area to the West zoned R-1A with 2 single family residences (both recently remodeled with numerous upgrades), and 5.55 acres available for development. The Eastern 34.22 acres of property are zoned R-1, consisting of a valley and 2 mountain ridges rising from 420ft. elevation to over 760ft. at the East Mesa in the Southeast corner of the property, in a MSCP 60/40 habitat conservation area with 13.69 acres potentially available for development of single family homes. Seller willing to subdivide and sell the undeveloped East ~34 Acres for $1.8M. Additional links and info including maps and potential development options provided on request. Currently (2) Rental Homes generating $88,800 annual income. Unit #1 (3)Bedrooms (2)Bathrooms. Fully Updated. A/C. Two Car Garage. Unit #2 (2)Bedrooms (1)Bathroom, Wall A/C. 200 Sq. Ft. Deck, Carport, RV hookups including 50-Amp electric, outdoor WIFI
Location
State CA
County San Diego
Area 92071 - Santee
Building/Complex Name NA
Zoning R-1:SINGLE
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 3860702600
Acceptable Financing Cash, Conventional, Cal Vet Loan, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, VA Loan
Listed by Annamarie Clark • Integrity Home Sales
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "