11025 Summit Avenue, Santee, CA 92071 - Berkshire Hathaway HomeServices California Properties

11025 Summit Avenue, Santee, CA 92071

$2,700,000 Approx. USD 0 beds, 0 baths

Listing Agent


Pamela Macias
Lic#: 01967517
Broker: Courtesy of Radius Agent Realty

Agent Remarks

Up to 32 Unit Development Opportunity! 2.32 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

Listing Details

Property type: Com-Lnd/Rn/Grv (Ranch/Farm)
Status: PENDING
MLS# 230019859
Price: $2,700,000
Beds: 0
Baths: 0
2.32 acres
Topography: Level,Other/Remarks
County: San Diego
Zoning: R-7
MLS area: SANTEE (92071)

Last Updated: 7/8/2024

 Days On Market (DOM): 195

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This listing belongs to the SANTEE (92071) MLS area

Lat/Long: 32.877435, -116.973971.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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