$10,000,000
●
Land -
In Contract
1522 Sunset Drive
Vista, CA 92081
Studio
0 Bath
$49,102
Est. Monthly
About This Property
Welcome to a prime parcel of land encompassing a total of 16.19
acres offering the potential creation of up to 45 homes and
providing an exceptional chance to meet the growing demand for
housing in this sought-after location. This prime lot not only
presents a lucrative development prospect but also offers a
lifestyle that combines modern convenience with the beauty of
nature. The land's strategic positioning ensures easy accessibility
to major highways, making commuting a breeze for residents. Beyond
its convenient location, this property offers a lifestyle enriched
by its proximity to various amenities. Imagine the luxury of having
hospitals, schools, beaches, hiking, and entertainment options just
minutes away. Seize this opportunity to create a residential
enclave nestled in the desirable area between Oceanside and
Carlsbad, offering an unparalleled opportunity for builders and
developers and providing future homeowners with a truly exceptional
living experience. Don't miss the chance to develop/build in one of
Southern California's most coveted locations, North County San
Diego! Call for more info.
Unit Size
-
Days on Market
-
Land Size
16.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1978
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (SDMLS #NDP2309518)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2023 | Listed | $10,000,000 | |
| Listed | |||
| | |||
|
Welcome to a prime parcel of land encompassing a total of 16.19 acres offering the potential creation of up to 45 homes and providing an exceptional chance to meet the growing demand for housing in this sought-after location. This prime lot not only presents a lucrative development prospect but also offers a lifestyle that combines modern convenience with the beauty of nature. The land's strategic positioning ensures easy accessibility to major highways, making commuting a breeze for residents. Beyond its convenient location, this property offers a lifestyle enriched by its proximity to various amenities. Imagine the luxury of having hospitals, schools, beaches, hiking, and entertainment options just minutes away. Seize this opportunity to create a residential enclave nestled in the desirable area between Oceanside and Carlsbad, offering an unparalleled opportunity for builders and developers and providing future homeowners with a truly exceptional living experience. Don't miss the chance to develop/build in one of Southern California's most coveted locations, North County San Diego! Call for more info.
| |||
Property Highlights
Exterior Details
Lot Features: LotOver40000Sqft, ValueInLand
Lot Size Area: 16.19
Lot Size Units: Acres
Lot Size Acres: 16.19
Lot Size Square Feet: 705236.4
Water Source: Public, See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Vista
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Currently no similar homes aroundNearby Rentals
Listed by: Cindy Farfan, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2309518
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2309518
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