Santee, CA 92071,11009 Summit Avenue
Santee, CA 92071,11009 Summit Avenue
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$ 2,700,000
Est. payment | /mo

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$ 2,700,000
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Com-Lnd/Rn/Grv

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 230004624

Lot Dimensions 619'x169'

Property Sub-Type Com-Lnd/Rn/Grv

Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring parcel for sale combining to 4.64 Acres and up to a 64 unit build. 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

Location

State CA

County San Diego

Area East County

Zoning R-7

Direction GPS

Interior

Fireplace No

Exterior

Utilities Available Electric, Septic, Water

View Y/N Yes

View Fantastic, Mountains/Hills

Present Use Residential,Other/Remarks

Others

Senior Community No

Tax ID 378-180-10-00

MLS Router / San Diego MLS
Listed by Pamela Macias Radius Agent Realty
Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA, 92131-1140, USA

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11009 Summit Avenue