Listed by Kyle Murphy, Coldwell Banker Realty,

2517 El Camino Del Norte

Encinitas, CA, 92024

$4,599,000

$4,599,000
Active
Active
 - For Sale
property_type
Land
Truly a unique & extraordinary property. Six legally permitted units located on 1.67 acres in Olivenhain. Over 6930 sq. ft. of living space set in a tranquil rural location. All units are single story with 2 Bedrooms & 2 Baths plus full kitchens, walk-in closets & private patios.. Each unit has an adjoining carport with additional storage located adjacent. Three of the units have fireplaces. All units are on sewer and are separately metered for SDG&E. Owner covers water & trash. Rental rates vary and are all below current market rate. Beautiful mature landscaping surrounds this uniquely designed mid-century modern structure providing a peaceful serene rural setting. All units have been well maintained but vary in upgrades. Possible uses for this site are endless. Property could be used for a private school, recovery center or elderly care facility. There is also potential for future development. According to the City, the units can be replaced with 6 detached condos which can be sold individually. Affordable requirements can possibly be met by adding 2 ADU's to the project. Adjacent .51 acre parcel accessing off Cole Ranch Road is also available for sale. This parcel has an existing 1" water meter and a sewer lateral already installed. The site is flat and totally useable. Contact agent for a complete package.
MLS® ID:
NDP2207447
Listed:
7/13/22
Updated:
10/1/22

Exterior/Building Features

Lot Size
1.67 acres lot
Lot Details
2-5 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
92024 - Encinitas
HOA Amenities
Rural
Garage
No
Parking
N
View
Y
County
San Diego
Utilities
Cable Connected, Electricity Connected
Water Source
Public
Pool
No
Zoning
RR2

Property History

Date
Event
Price
Value
9/22/22
Price Change
$4,599,000
-8%

 

Listed by Kyle Murphy, Coldwell Banker Realty,

Based on information from California Regional Multiple Listing Service, Inc. as of 10/1/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 6:02 AM UTC, 10/1/22

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