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$2,800,000
Est. payment /mo
1.57 Acres Lot
UPDATED:
12/13/2024 02:26 AM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 240028220
HOA Y/N No
Lot Size 1.570 Acres
Acres 1.57
Property Description
Prime opportunity for development just east of the heart of San Diego! Located near the intersection of Federal Blvd and MacArthur Dr, this usable, 1.57 acre lot offers incredible potential for your next dream home or investment project. With its R-1: Single-Family Residential zoning, this property holds the potential for up to 14 homes, perfectly tailored to meet the area's growing housing needs. The R-1 zoning allows for the construction of single-family homes, making it one of the most versatile and desirable options for developers. This zoning promotes a neighborhood feel, allowing for thoughtfully designed homes with yards and open spaces while adhering to residential guidelines that enhance the surrounding community. Conveniently located near major roads, schools, shopping, dining, and the 94 & 125 freeways, this property combines accessibility with a desirable suburban setting. Whether you're a developer seeking your next project or an investor looking to build value, this lot is a canvas ready to bring your vision to life. Don't miss out on this unique opportunity. Come see it today!
Location
State CA
County San Diego
Community Encanto
Area Encanto (92114)
Zoning R-1:SINGLE
Exterior
Fence Partial
Building
Lot Size Range 1+ to 2 AC
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Tony Elias • Compass