NOT LISTED FOR SALE

0 Rancho Summit Dr Unit OC24067972 Encinitas, CA 92024

West Ridge Neighborhood
10 Acres
-- Price per Acre
429,937 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $3,990,000

10 Days on Market

Highlights

  • View of Trees or Woods
  • 9.87 Acre Lot
  • No HOA
  • Olivenhain Pioneer Elementary Rated A
  • Ranch Style House
  • Foothills

About This Lot

As of May 2024

Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. DREAM HOME LOT! Approximately 50% lower than market price compared to the sold adjacent same size lot. This listing is selling 9.87 acres R4 residential lot with hills view, nice creek behind the lot. It located at Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold at $2.2 million Approximately per 2 acres lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (cross the street), The community was so popular and has been completely sold out within months. This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R4 residential lot.. This is great value in this fast value appreciating area. Price fits for owner/user or developer. Some county documents shown the address was 1735 Ranchi Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024Seller originally was selling 4.9 acres land which was half of full 9.87 acres lot on this listing; the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres at Price of $3.99 Million.

Last Agent to Sell the Property

Lucy Scott

Visionaire Real Estate License #01328471 Listed on: 04/05/2024

Visionaire Real Estate

Last Buyer's Agent

Lucy Scott

Visionaire Real Estate License #01328471 Listed on: 04/05/2024

Visionaire Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 9.87 Acre Lot
  • Density is 6-10 Units/Acre

Property Views

  • Woods
  • Peek-A-Boo
  • Bluff
  • Canyon
  • Hills
  • Rock

Home Design

  • Ranch Style House

Community Details

  • No Home Owners Association
  • Olivenhain Subdivision
  • Foothills
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 2445008000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Olivenhain
  • View: Yes
  • Zoning: Residential
  • Property Type: Land
  • Parcel Number: 2445008000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.28

Exterior Features

  • View: Bluff, Canyon, Hills, Peek-A-Boo, Rocks, Trees/Woods

Utilities

  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Ranch, Rocks
  • Lot Size Sq Ft: 429937.20
  • Lot Size Acres: 9.8700
  • Latitude Manual: 33.07255000

Multi Family

  • Lot Size Area: 9.8700 Acres

Range of Values:

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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 Change Sq Ft Price
05/22/2024 05/22/24 Sold $3,990,000 0.0% --
04/05/2024 04/05/24 For Sale $3,990,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24067972

California Regional Multiple Listing Service (CRMLS)