HomeSmart Realty West
Jessica Nguyen, HomeSmart Realty WestPhone: (858) 405-0441
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5
listing
1 of 5
CommercialFor Sale
$6,950,000
10939-11009 Summit Avenue
Santee, CA 92071
Listing Provided Courtesy of Radius Agent Realty
MLS: San Diego Multiple Listing Service (SDMLS)
Est. Mortgage
$35,975/mo

Combined 6.97 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity.*Two separate parcels, one is 4.65 Acres (378-190-01-00), and the second is 2.32 Acres (378-180-10-00). R-7 Zoning: 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

Get in touch
Listing Courtesy of Radius Agent Realty. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 03/28/2024 02:26 PM
Community / School Information