$3,998,000

Back to the market after several offers. DREAM opportunity for custom-build homes! For investors or home builders. 9.9 acres residential lot with panoramic view, nice creek behind the lot. It located at Olivenhein Ranch, an luxury large house neighbourhood in Encinitas's unincorporated area of the county of San Diego. 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 R residential lot, the county of SD prefers to building 2 large homes with 4 acres per house. This is a great value in this fast appreciating area. 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 for $2.2 million each at aproximately 2 acres per lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (a cross the street), The community was so popular and has been completely sold out within months. Price fits for owner/user or developer. Some county documents shown the address was 1735 Rancho Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024