$500,000
$250K PRICE DROP

Estimated payment $3,112/month

Total Views 14,046
0.58 Acre
$862,069 Price per Acre
25,265 Sq Ft Lot

Highlights

  • Panoramic View
  • 0.58 Acre Lot
  • No HOA

About This Lot

Versatile Development Opportunity – Four-Lot Subdivision or SB9 Income Property Potential Discover a prime development opportunity nestled in a tranquil residential enclave of North Escondido. This expansive 0.58-acre parcel (APN: 226-130-52-00) offers two highly valuable paths for developers, builders, and investors: subdivide into four single-family residential lots or utilize California SB9 to build up to six income-producing units. Option 1: Four Single-Family Home Lots Take advantage of the RS zoning and VR-7.3 General Plan designation to subdivide the property into four legal lots, each with the potential to accommodate a custom or spec-built single-family residence. With utilities at the street and a favorable topography, this is an ideal infill project for builders seeking immediate upside in a high-demand area. Option 2: SB9 Multi-Unit Development Alternatively, maximize density and rental income through California Senate Bill 9: Split the parcel into two legal lots Construct up to three units per lot (main residence + ADU + junior ADU) Deliver up to six total income-generating units This option provides the perfect framework for a build-to-rent community, co-housing, or flexible multi-family configuration while maintaining a residential scale. Property Highlights: Lot Size: 0.58 Acres Zoning: RS (Residential Single); General Plan: VR-7.3 Minimum Lot Size for Subdivision: 6,000 SF Utilities: Water & sewer available (Vallecitos Water District) Initial-Study Report Topography: Gently sloped with elevated terrain offering view potential Location: Minutes to Twin Oaks Golf Course, I-15, shopping, schools, and more

Listing Agent

Tim Lopez

R1 Companies, Inc. Brokerage Phone: 505-883-9400 License #02044550 Listed on: 04/17/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.58 Acre Lot
  • The property's topography is mostly level. seller has current geotechnical report.
  • Density is 2-5 Units/Acre
  • Property is zoned RS, RD, RM, RV – Single Family, Duple..., By right use for four single family lots or six units on 2 lots permissible with SB-9 approval.

Property Views

  • Panoramic
  • Pasture
  • Mountain
  • Neighborhood

Location

  • Urban Location

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 74042
  • Assessor Parcel Number 2261305200

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Current Use Comments: Presenting a rare opportunity to develop four single-family homes on a 0.58-acre parcel in the highly desirable Country Club area of Escondido. Located on Leaf Lane just off of Rock Springs Road (APN: 226-130-52-00), this property is ideal for small-scale builders, spec home developers, or long-term investors looking for a shovel-ready infill project with strong market fundamentals.
  • Possible Use: Buyer to verify, Investment, Multi-Family, Residential
  • Possible Use Comments: Discover a prime development opportunity nestled in a tranquil residential enclave of North Escondido. This expansive 0.58-acre parcel (APN: 226-130-52-00) offers two highly valuable paths for developers, builders, and investors: subdivide into four single-family residential lots or utilize California SB9 to build up to six income-producing units. Take advantage of the RS zoning and VR-7.3 General Plan designation to subdivide the property into four legal lots, each with the potential to accommodate a custom or spec-built single-family residence. With utilities at the street and a favorable topography, this is an ideal infill project for builders seeking immediate upside in a high-demand area. Alternatively, maximize density and rental income through California Senate Bill 9: Split the parcel into two legal lots Construct up to three units per lot (main residence + ADU + junior ADU) Deliver up to six total income-generating units
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Survey: Corners Marked
  • View: Yes
  • Zoning: RS, RD, RM, RV – Single Family, Duple...
  • Zoning Description: By right use for four single family lots or six units on 2 lots permissible with SB-9 approval.
  • Property Type: Land
  • Parcel Number: 2261305200
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 19.79

Exterior Features

  • Soil Type: Bedrock (Mzu)
  • View: Mountain(s), Neighborhood, Panoramic, Pasture
  • Fence: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Topography: Mostly level. Seller has current geotechnical report.
  • Additional Parcels: No
  • Current Geological: Yes
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 25264.80
  • Lot Size Acres: 0.5800

Multi Family

  • Lot Size Area: 0.5800 Acres

Tax Info

  • Tax Census Tract: Los Vallecitos De San Mar
  • Tax Tract Number: 74042

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Price Changed $500,000 -9.1% --
10/17/2025 10/17/25 Price Changed $550,000 -21.3% --
07/21/2025 07/21/25 Price Changed $699,000 -6.8% --
04/17/2025 04/17/25 For Sale $750,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2503754

California Regional Multiple Listing Service (CRMLS)