$1,150,000
Remarkable Investment Opportunity! This ±3-acre property is currently one parcel and in the process of being subdivided into five parcels, offering exceptional development potential for investors or owner-builders. The proposed subdivision includes one large parcel of approximately 1.5 acres, along with four smaller residential parcels designed for multi-unit construction. Proposed parcel breakdown: Parcel 1 ±12,275 SF net (±12,899 SF gross), Parcel 2 ±13,140 SF net (±13,762 SF gross), Parcel 3 ±12,781 SF net (±13,366 SF gross), and Parcel 4 ±20,487 SF net (±21,095 SF gross). Each of these four parcels has plans for three residential units, creating a strong opportunity for consistent rental income and long-term appreciation. Ample space allows for thoughtful site planning, including parking and access. The remaining ±1.5-acre parcel offers outstanding flexibility for a variety of uses, including a custom home with ADU and JADU, storage, senior day care, or other income-producing ventures. This is a rare opportunity to secure a property with an active subdivision process and significant upside in North Escondido. Ideal for developers, investors, or end users looking to build, hold, or resell individual parcels. Buyer to verify all subdivision status, zoning, and development potential with the City.
260008869
MLS
⋅
ACTIVE
Status
Nordahl Nordahl Unit 12/1, Escondido
