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$995,000
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Property Description
Seller accepting back up offers. ATTENTION INVESTORS/DEVELOPERS! This is a rare opportunity to acquire a 1.8-acre property in a prime San Marcos location. Just a block away from Costco, Walmart, and other major shopping centers, this property is ideally positioned for future development. Currently zoned R-1 (Residential Single-Family), the property offers tremendous potential for rezoning to accommodate multi-family units, making it the perfect investment for developers with vision. The lot features a 1288 sqft 3-bedroom, 2-bath home, but please note that the septic system will need to be rebuilt or replaced before the property can be occupied. The seller is specifically looking for an investor or developer who can unlock the full potential of this valuable lot and create something extraordinary in this rapidly growing neighborhood. A local contractor, that works with developers, has created a checklist of items and timeline after talking to the city and county and is available as a consultant. With the right vision, this property could become a lucrative, income-generating investment. Don't miss out on this chance to invest in a highly desirable area with great upside potential!
Full Property Details
Full Property Details for 1551 Pine Heights Way
General
- Price: $995,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: NDP2409479
- Updated: 11/23/2024
- Days on Market: 32 days
- Added to Site: 32 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Laundry, Living Room
- Fireplace: Yes
- Fireplace(s): Living Room
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Individual Room, Propane Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway, Garage
Location
- County: San Diego
- Driving Directions: From the 78 Freeway, take the Nordahl exit. Head north on Nordahl Rd. Turn right onto Pine Heights Dr. Property will be on the right.
School Information
- School District: Escondido Union
Community
- Community Features: Sidewalks, Urban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Propane
Utilities
- Sewer: Perc Test On File
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Disability Access: None
- Entry Location: Side Entry
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,288
- Sq. Ft. Source: Public Records
- Year Built: 1968
Unit Information
- Units in Complex: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 1.8
- Lot Size (Sq. Ft.): 78,408
- Lot Size Source: Public Records
- Zoning: R-1
- Lot Description: Back Yard, Corner Lot, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $772.52
Disclosures and Reports
- Special Conditions: Standard
Listed by Real Broker, Cesy Cruz
Get Pre-Approved Today
Schools
Schools serving 1551 Pine Heights Way
School Districts:Escondido Union School District, Escondido Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1155 Deodar Rd, Escondido, CA 92026 | K-5 | 0.6 mi | |
925 Lehner Ave, Escondido, CA 92026 | 6-8 | 2.5 mi | |
1535 N Broadway, Escondido, CA 92026 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1551 Pine Heights Way
Date
Details
Price
Change
Source
10/24/2024
Listed
$995,000
241.92%
MLS
1/21/2009
Sold
$291,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1551 Pine Heights Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,079
1%
$360,172
2%
2022
$4,029
2%
$353,111
2%
2021
$3,961
1%
$346,188
1%
2020
$3,930
3%
$342,639
2%
2019
$3,833
3%
$335,922
2%
2018
$3,721
2%
$329,336
2%
2017
$3,657
2%
$322,879
2%
2016
$3,582
1%
$316,549
2%
2015
$3,547
5%
$311,796
2%
2014
$3,383
—
$305,690
—
2013
$3,379
—
$304,309
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1551 Pine Heights Way
1551 Pine Heights Way, San Marcos, CA 92069 (MLS# NDP2409479) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1551 Pine Heights Way is currently listed for $995,000 and was received on October 24, 2024. Want to learn more about 1551 Pine Heights Way? Do you have questions about finding other Single Family real estate for sale in San Marcos? You can browse all San Marcos real estate or contact a Coldwell Banker agent to request more information.