Water Views - New Construction
Address
11009 Summit Avenue # n/a, Santee, CA
Price
$ 2,700,000
Property Attributes
  • ID#230004626
  • TypeLand
  • CountySAN DIEGO
  • CitySantee
  • AreaSantee
  • NeighborhoodSantee
  • Zip92071
  • StyleResidential,/Remarks
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.32 Acres
Data Source:
San Diego Regional MLS (SDMLS)
Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring Parcel for sale to combine 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 PRICE & TERMS: All offers will be considered. Suggested due diligence period is 60 days. Offers contingent upon entitlement may be considered.

Price History
3/11/2023 Listed $2,742,339
4/3/2023 13% - $2,400,000

General Features

Water Meter on Property
Zoning R-7
Neighborhood Santee
View Mountains/Hills,Panoramic,Parklike
Topography Level,Slope Gentle
Community Amenities SANTEE
CFD/Mello-Roos Fee 0.0
Present Use Residential
Other Fees 0.0
Site Public Street,Street Paved
Terms Cash,Conventional,Other/Remarks
Sale/Rent For Sale
Highest Best Use Residential,Other/Remarks
Senior Community Y/N N/K
Price Per Sq Ft Total AG 1163793.1
Days on Market 133

Exterior Features

Fencing Full
Frontage Other/Remarks
Sewer/Septic Septic Installed
Irrigation N/K
Water District PADRE DAM MUNICIPAL
Lot Size Area 2+ to 4 AC
Lot Dimensions 619'x169'
Frontage Length 169

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 92071

Price
AVG $1.11M
$2.7M
Visits
AVG 377
1060
Data Provided by Inside Real Estate®

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