11025 Summit Avenue, Santee, CA 92071

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$2,700,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Com-Lnd/Rn/Grv

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 230019859

HOA Fees $1,182,043

HOA Y/N Yes

Acres 2.32

Lot Dimensions 619'x169'

Property Sub-Type Com-Lnd/Rn/Grv

Property Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. 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

Location

State CA

County San Diego

Area Santee (92071)

Zoning R-7

Exterior

View Fantastic, Mountains/Hills

Others

Virtual Tour https://www.propertypanorama.com/instaview/snd/230019859

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Listed by Pamela Macias • Radius Agent Realty

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If I tour a home, I understand Kobe Zimmerman will be my touring agent. Touring a home is free. If I use Kobe Zimmerman to buy a house, his fee is 2.5% of the purchase price. This fee is negotiable by law. I am not obligated to pay this fee and understand that Kobe will request that this fee be paid by the seller.

11025 Summit Avenue Santee, CA 92071