ATTENTION INVESTORS/DEVELOPERS! This is a rare opportunity to acquire a 1.8-acre property in a prime San Marcos location. Just a block away from Costco, Walmart, and other major shopping centers, this property is ideally positioned for future development. Currently zoned R-1 (Residential Single-Family), the property offers tremendous potential for rezoning to accommodate multi-family units, making it the perfect investment for developers with vision. The lot features a 1288 sqft 3-bedroom, 2-bath home, but please note that the septic system will need to be rebuilt or replaced before the property can be occupied. The seller is specifically looking for an investor or developer who can unlock the full potential of this valuable lot and create something extraordinary in this rapidly growing neighborhood. A local contractor, that works with developers, has created a checklist of items and timeline after talking to the city and county and is available as a consultant. With the right vision, this property could become a lucrative, income-generating investment. Don't miss out on this chance to invest in a highly desirable area with great upside potential!
This property is $55.9K more than the Median Sold Price and $221/SqFt more than other homes in San Marcos, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NDP2409479
Listing Office:
Office Name: Real Broker
Office Phone: (619) 248-6434
Listing Agent: Cesy Cruz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 05, 2009
Feb 05, 2009Home Sold
$291,000
Jun 14, 2007
Jun 14, 2007Home Sold
$780,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,930
$346,188
2020
$3,930
$342,639
2019
$3,721
$335,922
2018
$3,721
$329,336
2017
$3,657
$322,879
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Knob Hill Elementary School
1825 Knob Hill Rd
Distance between this listing and this school0.24 miles
Public District Grades KG-5
3
/10
Rock Springs Elementary School
1155 Deodar Rd
Distance between this listing and this school0.64 miles
Public District Grades KG-5
4
/10
Lincoln Elementary School
1029 N Broadway
Distance between this listing and this school1.73 miles
Public District Grades PK-5
Nearby Schools
6
/10
Community Montessori
1441 Montiel Rd Ste 143
Distance between this listing and this school0.60 miles
Public Charter Grades KG-8
6
/10
Woodland Park Middle School
1270 Rock Springs Rd
Distance between this listing and this school1.13 miles
Public District Grades 6-8
3
/10
Del Dios Academy of Arts and Sciences
1400 W 9th Ave
Distance between this listing and this school2.05 miles
Public District Grades 6-8
Nearby Schools
5
/10
Escondido High School
1535 N Broadway
Distance between this listing and this school1.63 miles
Public District Grades 9-12
7
/10
Mission Hills High School
1 E Mission Hills Ct
Distance between this listing and this school1.65 miles
Public District Grades 9-12
9
/10
Classical Academy High School
207 E Pennsylvania Ave
Distance between this listing and this school2.31 miles
The neighbors living near this home have an average income of $74,736. Residents of San Marcos, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1551 Pine Heights Way
What is the listing price of this property?
The listing price of 1551 Pine Heights Way property is $995,000.
What type of property is this?
The property 1551 Pine Heights Way is a house located in San Marcos, California, 92069.
Is this property for sale now?
Active Listing: 1551 Pine Heights Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,930 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 5, 2009 for $291,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1551 Pine Heights Way has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1551 Pine Heights Way is 1,288 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1551 Pine Heights Way is 1968.
This home is located at 1551 Pine Heights Way in San Marcos, CA and zip code 92069. This 1,288 square foot home, which was built in 1968, sits on a 1.80 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $995,000.
Over 23 listings were sold over their listed price in October 2024 in San Marcos, CA. In the same period over 23 listings were sold below the listed price and 11 listings were sold for the listed price. In October 2024 in San Marcos, CA there were 4.9% more homes for sale than in September 2024. In October 2024 median list price was $939,015 and the average listing age was 24 days.
From Rocket Homes Real Estate and based on county public records data.