Commercial-lnd/rn/grv

11009 Summit Avenue, Santee, California 92071

2.32 Sqft
Active
$2,400,000
Listing ID #230004624
Property Description

2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. 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

Basic Details
Property Type : Commercial-lnd/rn/grv
Listing Type : For Sale
Listing ID : 230004624
Price : $2,400,000
Lot Area : 2.32 Sqft
Status Category : Active
 
Address Map
US
California
SD
Santee
SANTEE (92071)
92071
Summit Avenue
11009
W117° 1' 31.7''
N32° 52' 37.1''
Additional Info
Radius Agent Realty
Pamela
Macias
02-04-2023 16:44:15
23
R-7
Click Here
$1,182,043
378-180-10-00
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