Attention Developers! Great opportunity to build in the affluent - TopicsExpress



          

Attention Developers! Great opportunity to build in the affluent seaside resort city of Carlsbad, La Costa neighborhood. Expansive views of the Valley. Total lot size 3.9 acre (169,884 SF). Buildable Lot size 1.9 ac (about 83,000 sf). The rest of the lot is designated for Open Space. City approval with no further hearings for subdivision of 5 SFR with one road access from El Fuerte to the properties. Tentative map hasnt been recorded yet, to allow a new owner to make a decision on how to develop this acreage. There are single family developments on both sides of the lot with public utilities. Seller will provide all available reports and plans for review. Buyer to conduct own investigations. Video of the property available. Carlsbad is an affluent seaside resort city occupying a 7-mile stretch of Pacific coastline in North San Diego County, offering surfing, swimming, fishing, strolling and hiking opportunities. The city is located 87 miles south of Los Angeles and 35 miles north of downtown San Diego. The subject property lot is located within the southeast part of Carlsbad, Villages of La Costa area that features several newer master-planned communities set among rolling hillsides, golf courses, and open space. Property is within the boundaries of award-winning San Marcos Unified School District. Local real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the neighborhood are established but not old, having been built between 1970 and 1999. About 48% of residences were built after 1999, which is a higher proportion of new homes then in about 95.9% of the neighborhoods in the U.S. Vacancy rate is low and housing supply is tight compared to the demand for property here. loopnet/xnet/mainsite/listing/Profile/Profile.aspx?linkcode=30410&sourcecode=1aetdt0004a00142&fromemail=true&LID=18753030
Posted on: Tue, 24 Jun 2014 00:41:31 +0000

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