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olivenhain estate lot - 3.13 acresrancho summit drive | encinitas, ca 92024
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
ALEX [email protected] Lic#02030313
Shea Homes One Oak ProjectShea Homes One Oak Project28 Single Family Homes28 Single Family Homes
o Rare Olivenhain Development Opportunity o 360° Panoramic Views o Near Shea Homes’ One Oak Project - 28 Homes Under Construction o Encinitas Union School District
ASKING PRICE: $549,000
SUBJECTSUBJECT PROPERTYPROPERTY Rancho Sum
mit D
r
Rancho Summ
it Dr
Canyon De Oro
Canyon De Oro
Lone Hill
Ln
Lone Hill
Ln
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LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS:
The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.
As the Buyer of real estate, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer’s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs.
Like all real estate, this property carries significant risks. Buyer and Buyer’s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.
contents4 aerials
7 location map
8 property photos
9 property information
10 development impact fees
11 comparable home sales
13 plat map
14 education
15 demographics
aerial
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SUBJECTSUBJECT PROPERTYPROPERTY
Rancho Summit Dr
Rancho Summit Dr
Canyon De Oro
Canyon De Oro
aerial
NNNN
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SUBJECTSUBJECT PROPERTYPROPERTY
Rancho Summit Dr
Rancho Summit Dr
Canyon De OroCanyon De Oro
aerial
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CARLSBADCARLSBAD
ESCONDIDOESCONDIDO
ENCINITASENCINITAS
RANCHO SANTA FERANCHO SANTA FE
RANCHORANCHOBERNARDOBERNARDO
Lake HodgesLake Hodges
Lake San MarcosLake San Marcos
Moonlight State BeachMoonlight State Beach
McClellan-Palomar McClellan-Palomar AirportAirport
Batiquitos LagoonBatiquitos Lagoon Elfin Forest Elfin Forest Recreational ReserveRecreational Reserve
SAN MARCOSSAN MARCOS
SUBJECTSUBJECT PROPERTYPROPERTY
OCEANSIDE
SAN CLEMENTE
CARLSBAD
ENCINITAS
SOLANA BEACH
DEL MAR
LA JOLLA
OCEAN BEACH
SAN DIEGO
CORONADO
CHULA VISTA
EL CAJON
LA MESA
ESCONDIDO
RAMONA
POWAY
ALPINE
SANTA YSABEL
JULIAN
SANTA ROSA & SAN JACINTO MOUNTAINS
MT LAGUNA
PINE VALLEY
BOULEVARD
OCOTILLO
MURRIETA
TEMECULA
SALTON CITY
VISTA
PALOMAR MOUNTAIN
CLEVELAND NATIONAL
FOREST
ANZA BORREGO DESERT STATE
PARK
USA/MEXICO BORDER
BORREGOSPRINGS
SANMARCOS
777
N
location map
subjectproperty
Lone H
ill L
n
Latigo Row
Rancho Summ
it Dr
Dove Hollow Rd
Fortuna Ranch Rd
SeaquestTrail
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property photos
99
property information
document links:
education: Carlsbad Unified School District
services:Gas/Electric SDG&EWater Carlsbad Municipal Water DistrictSewer City of CarlsbadFire Carlsbad Fire DepartmentPolice Carlsbad Police Department
location:The subject property is located along Rancho Summit Drive in the City of Encinitas, County of San Diego. Situated in the hills of Olivenhain, this site retains panoramic views of the downtown skyline, mountains to the east, and potentially the ocean from a second-story.
jurisdiction:County of San Diego / City of Encinitas
apn:264-450-13
acreage:3.13 Acres
zoning:Rural Residential
density:1 Dwelling Unit per 2 Acres
topography:Moderate Slope
impact fees.:Approx. $33,583 (Buyer to Verify)
project status:The property is Parcel 4 of PM 12234. Just north, Shea Homes is building for their 28 lot estate home community. The site retains a 1 ½ ” water meter that will provide capacity for an estate home and any landscaping requirements.
education: Encinitas Union School DistrictSan Dieguito Union High School District
services:Gas/Electric SDG&EWater Olivehain Municipal Water DistrictSewer Septic (can potentially be annexed to OMWD)Fire Encinitas Fire DepartmentPolice San Diego County Sheriff’s Department
ASKING PRICE:$549,000
CLICK HERE TO VIEW EXHIBITS
Rancho Sum
mit
Dr
Rancho Sum
mit
Dr
CLICK HERE TO VIEW ZONING
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development impact fees
Item AmountCommunity Facilities 571$ Fire Department Fees 675$ Flood Control Fees* 945$ OMWD Capacity Fee** -$ Open Space Land Acq. 438$ Park Fees 10,751$ School Fees ($3.79/SF) 17,055$ Traffic Mitigation Fees 2,980$ Trail Development 168$
TOTAL PER SFR 33,583$
*** Encinitas may require additional affordable housing development in-liue fees. Buyer to confirm.
Estimated Development FeesPer Approximate 4,500 SF Single Family Residence
ENCINITAS
* Property has a 1-1/2" water meter and capacity fees have already been paid** Assumes new development has approximately 6,230 SF of impervious surfaces
Notes:
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new home comparables
project name: Alcove Azure Blue Crest Laurel Cove One Oak
builder name: Shea Homes CityMark Development
California West Communities Melia Homes Shea Homes
city: Encinitas Encinitas Encinitas Encinitas Encinitasopen date: 10/25/2018 3/23/2019 7/14/2019 3/3/2018 12/9/2017
product type: Detached Detached Detached Detached Detached
typical lot size: 8,050 9,195 10,000 4,500 43,560lot dimension: 70'x115' - - 45'x100' -min. unit size: 2,330 3,013 2,543 2,030 4,120max. unit size: 2,940 3,798 4,900 2,920 5,273min. price: $1,195,000 $1,949,000 $1,692,900 $1,100,000 $1,759,000max. price: $1,270,000 $2,342,000 $2,899,900 $1,529,000 $3,119,000min $/sf: $431.97 $616.64 $591.82 $523.63 $426.94max $/sf: $512.88 $646.86 $665.71 $541.87 $591.50total units planned: 16 8 13 9 28
total units sold: 6 6 4 8 12total units remaining: 10 2 9 1 16
sales rate: 0.6 1.0 1.5 0.4 0.6sale rate l3m: 0.0 0.7 1.3 0.3 1.7zip code: 92024 92024 92024 92024 92024
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resale home comparables
Information Provided Courtesy Of:DRE Lic#: CA
Search Criteria:Albert Apuzzo01323215
760-929-9700
Lee & Associates - Office: 760-929-9700©CRMLS and ©SDMLS. Information is believed to be accurate, but shall not be relied upon
Class=RE AND Close of EscrowDate=01/08/2019-06/06/2079 ANDYrBlt>=2018 AND Map=RadiusAND Status=SOLD AND Type=DET
01/08/2020 05:09 PM
CMA Summary Report
RESIDENTIAL Summary Statistics
High Low Average MedianLP:$3,995,000 $1,895,000 $2,622,250 $2,299,500SP:$3,995,000 $1,615,000 $2,446,250 $2,087,500
RESIDENTIAL - Sold Number of Properties: 4
Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP LP/EstSF SP SP/EstSF1 180043440 SOLD DET 3849 Rancho Summit ENCINITAS (92024) 4 5 1/16/2019 4,120 44 $1,895,000 $459.95 $1,615,000 $391.992 190051097 SOLD DET 312 Cole Ranch Road ENCINITAS (92024) 5 6 12/18/2019 3,725 33 $2,150,000 $577.18 $1,975,000 $530.203 180065749 SOLD DET 3840 Rancho Summit ENCINITAS (92024) 4 5 4/29/2019 4,666 106 $2,449,000 $524.86 $2,200,000 $471.504 190015249 SOLD DET 3572 James Ct ENCINITAS (92024) 4 5 8/9/2019 5,851 0 $3,995,000 $682.79 $3,995,000 $682.79
Avg 4 5 4590 45 $2,622,250 $561.20 $2,446,250 $519.12
Min 4 5 3725 0 $1,895,000 $459.95 $1,615,000 $391.99
Max 5 6 5851 106 $3,995,000 $682.79 $3,995,000 $682.79
Med 4 5 4393 38 $2,299,500 $551.02 $2,087,500 $500.85
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plat mapTax Map Fortuna Rancho Rd, Encinitas, CA
Tax Map Fortuna Rancho Rd, Encinitas, CA 6/17/2015 Page 1 (of 2)
This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party propertyinformation accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2015 First American Financial Corporation and/or its affiliates. All rights reserved.
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Diegueno Middle School2150 Village Park WayEncinitas, CA 92024
924 API
La Costa Canyon High School 1 Maverick WayEncinitas, CA 92024
859 API
Olivenhain Pioneer Elementary School8000 Calle AcervoCarlsbad, CA 92009
925 API
3
2
1
subjectsubjectpropertyproperty
encinitas union school district
san dieguito union high school district
Founded in 1883, the EUSD is located in beautiful north coastal San Diego County and serves the communities of Encinitas, Leucadia, Olivenhain and the Rancho La Costa area of south Carlsbad. The district’s enrollment of approximately 5,400 students is housed in nine kindergarten – sixth grade schools and includes a special education pre-school program. The district has a long-standing tradition of high student achievement and is acknowledged for its innovative learning opportunities. All nine schools have been recognized as California Distinguished Schools by the CA Department of Education and four have been named National Blue Ribbon Schools by the U. S. Department of Education. EUSD is proud of our students’ academic achievement, appreciative of our families’ involvement in our schools and grateful for the generous support from the communities that we serve.
The award-winning San Dieguito Union High School District is one of the nation’s finest districts, offering a wealth of academic and extracurricular opportunities in which its students can engage and excel. The SDUHSD educates students from the coastal North San Diego County communities of Cardiff-by-the-Sea, Encinitas, Leucadia, and Olivenhain in the City of Encinitas; the cities of Del Mar and Solana Beach; the community of La Costa in the City of Carlsbad; the community of Carmel Valley in the City of San Diego; and the communities of Rancho Santa Fe and Fairbanks Ranch.
Source: https://www.sduhsd.net/index.html
Source: http://www.eusd.net
education
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15
2019 demographics
population
787
average household income
$175,407
median household income
$119,142
total employees
52 total employees
6,079 total employees
67,316
estimated households
258 estimated households
14,810estimated households
54,369
average household income
$177,821
median household income
$134,740
average household income
$149,310
median household income
$111,120
population
42,085population
145,334
5 miles3 miles1 mile
Lee & Associates, Inc - North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com/sandiegonorth
for more information, please contact
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
ALEX [email protected] Lic#02030313