10939 Summit Avenue N/a, Santee, CA

$4,550,000

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4.65

Acres

About 10939 Summit Avenue N/a

4.65 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

Features of 10939 Summit Avenue N/a

MLS® # 230004629
Price $4,550,000
Acres 4.65
Type Land
Sub-Type Lots/Land
Status Closed

Community Information

Address 10939 Summit Avenue N/a
Subdivision Santee
City Santee
County San Diego
State CA
Zip Code 92071

Amenities

Utilities Septic Installed
View Mountains/Hills,Panoramic,Parklike
Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Exterior

Lot Description Public Street,Street Paved

Additional Information

Date Listed March 10th, 2023
Days on Market 479
Zoning R-7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRadius Agent Realty

Listing Map

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