0 Ranch Summit Encinitas CA 92024 ACTIVE
MLS# OC24067972 photo #1
$3,990,000
bd/ba
sf
429,937 lot
4/5/24: 3,990,000 Original List Price
31 Days on Market

Land
Bluff,Canyon,Hills,Peek-A-Boo,Rocks,Trees/Woods View
story
0 Parking Garage Spaces
Y Fireplace
Laundry Location

Residential Zoning
Olivenhain Neighborhood
Foothills,Sidewalks,Valley Complex/Park
$0 Total Fees/mo (HOA and/or Mello)
OC24067972 MLS

DREAM HOME LOT! This listing is selling 9.87 acres mountain VIEW residential lot with creek behinde, near Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. Easy to find, the crossroads are Fortuna Ranch and Ranch Summit Drive, next to Rancho Michelle. All roads are paved. This lot has clear borders. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (just next to this land), they were completely sold out within months. This is a fast-developing high-end area surrounded by luxury houses with approximate value between $7 million to 18 million. There are many large ranch homes around with private lakes and mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R residential lot, it also could be subdivided into miltipel lots. This is great value in this fast value appreciating area. Price fits for owner/user or developer. The seller is in the process of land sub

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Listing by Lucy Scott - Visionaire Real Estate

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Seth Chalnick
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20% Down Conventional
Price $3,990,000
Down Payment% 20.0%
Down Payment$ $798,000
Loan Amount $3,192,000
Term (years) 30
Interest Rate
Principal & Interest
Property Tax $3,658
Home Insurance $200
Total monthly fees (HOA and/or Mello) $0
Estimated Total Payment/mo
 
Property Tax Deduction
Housing Amount You Pay Now
Relative additional expense/savings
3.5% FHA
FHA Unavailable for this price point
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Seth Chalnick
619.251.8803
seth@sethchalnick.com
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