$1,065,000
●
Land -
Off Market
3029 Wildflower Drive
Encinitas, CA 92024
Studio
0 Bath
$1,849,868
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model
About This Property
Create the home you have always dreamed of at this rare and
exclusive view-enriched custom homesite behind the prestigious
guarded gates of Wildflower Estates in Encinitas. Generously sized
at 2.33 acres with a graded pad of approximately 35,000 square
feet, the elevated cul-de-sac site-among the highest in the
community-presents nearly unobstructed views of gently rolling
hills, verdant valleys and twinkling residential lights. Plans for
a magnificent 7,500-square-foot estate with 760-square-foot guest
house are included, or design a one- or two-level custom home from
the ground up. A water meter is included with provisions for gas,
electric, telephone and cable located at the street. Home to the
privately owned Wildflower Ranch, extensive recreational trails and
outstanding equestrian facilities, Wildflower Estates treats
residents to the beauty of a year-round stream and a private park.
Located only 5 miles from the beach and Pacific Coast Highway's
array of shopping and dining destinations, Wildflower Estates
offers a peaceful and charming country ambiance with the added
advantage of no Mello-Roos fees. Neighborhoods: Wildflower
Estates Complex Features: ,,,,,, Other Fees: 0 Sewer: Sewer
Available
Unit Size
-
Days on Market
48 days
Land Size
2.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$1,876
Year Built
2019
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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: 4 months ago (SDMLS #160052588)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Listed by Pacific Sotheby's Int'l Realty | $1,098,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Jun 6, 2016 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by Douglas Elliman Of California | $1,250,000 | |
| Listed by Douglas Elliman Of California | |||
| | |||
|
Your opportunity to build your amazing estate in Encinitas is here. One of the most exclusive opportunities available right now to build in the esteemed Wildflower Estates. 5 miles from the ocean, this lot includes plans for a ~7000 SQFT home plus a 750 SQFT guest house. Utilities and water meter are on the property. Two private entrances (one guard gated) lead you to one of the highest lots with amazing nearly unobstructed rolling views. Easy access to equestrian facilities and many other community bonuses including, walking paths, a community park, and equestrian trails. Don't miss your chance to build on this almost 2.5 acre lot. Lot next door recently sold for $1,450,000. Contact listing agent for an exclusive showing. Wildflower Estates is Olivenhain's premier custom home community. Located only 5 miles from inland from the beach. Combines the quiet, peaceful country charm with the coastal community of Encinitas with all its shopping, restaurants and surf. Wildflower Estates offers recreational trails, a private park with stream and picnic area and the Wildflower Ranch for horse boarding and equestrian activities. Residents enjoy privacy and space within the added security of a gated community. Neighborhoods: Wildflower Estates Complex Features: ,,,,, Other Fees: 0 Sewer: Sewer Available
| |||
| Mar 13, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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About Encinitas
Similar Homes for Sale
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$8,200 /mo
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$8,250 /mo
- 1 Bed
- 1 Bath
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Listed by: K. Ann Brizolis, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160052588
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160052588
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