San Marcos, CA 92069,841 Saint Paul Dr
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San Marcos, CA 92069,841 Saint Paul Dr
San Marcos, CA 92069,841 Saint Paul Dr
San Marcos, CA 92069,841 Saint Paul Dr
San Marcos, CA 92069,841 Saint Paul Dr

$1,300,000

Est. payment /mo

$1,400,000

7.1%
Est.Price: ?

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841 Saint Paul Dr San Marcos, CA 92069

1.29 Acres Lot

SOLD DATE : 07/03/2024

Key Details

Sold Price $1,300,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision San Marcos

MLS Listing ID 240002420SD

Sold Date 07/03/24

HOA Y/N No

Lot Size 1.290 Acres

Property Description

4 Individual Legal Parcels (4 APNs) ranging from 12,000+ to 18,000+ SQFT with approved Grading, Improvement Plans, and Completed Building Plans ready for submittal. Perched atop the picturesque San Marcos Hills, 841 St. Paul Dr. beckons as a premier development opportunity in San Marcos, CA. Spanning 1.3 acres, this distinguished property boasts entitled land with an approved Parcel MAP for 4 individual lots (4 APNs), approved Grading, and Improvement Plans. With Building Plans drawn up for 4 luxury homes ready for submission to the County, this expansive canvas invites discerning investors to explore two compelling development options. Whether envisioning a collection of four luxury contemporary homes with sweeping views or pioneering a Build to Rent (BTR) community with 12 to 16 rental units, the possibilities are as vast as the landscape itself. 1) Build 4 luxury contemporary modern homes: Plans ready to submit for 4 homes (3925 sf each), including the main house, attached ADU, plus a two-car garage Price range: $1.5-$1.7m each, total exit value $6.0m to $6.5m Beautiful views of San Marcos hills and greens, adjacent to a park in a 19-home enclave 2) BTR (Build to Rent) community: Use Modular or site-built 12 to 16-rental units Rental prices: $2800-$4000 per unit, responding to the demand for single-family rentals Offer: $1.4M for all 4 lots or individual lot sales possible (Approved Grading & Improvement plans are for the entire site)

Location

State CA

County San Diego

Area 92069 - San Marcos

Zoning R-1

Interior

Fireplace No

Exterior

Fence Partial

Utilities Available Natural Gas Available

View Y/N Yes

Present Use Residential

Building

Lot Description Level

Others

Senior Community No

Tax ID 2281303200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Alexander Ciullo • Pacific Sotheby's Int'l Realty
Bought with Sam Ho • HomeSmart Realty West

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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