Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks
Property Details
Property Features
Listing Office:
Office Name: Robcon Realty
Office Email: hawkinsj@gmail.com
Listing Agent: Jeffrey Hawkins
Exterior Features
Exterior Information:
View: Neighborhood, Trees/Woods
Virtual/3D Tour
Virtual Tour: 5488 New Mills Rd
Virtual Tour
Lot Features
Lot Information:
Lot: Cul-De-Sac
Lot Size: 0.80 Acres
Other
Directions Information:
Directions: I-8 East Freeway to Fairmount Ave exit. Take Montezuma Rd and 54th St to New Mills Rd
Price Information
Listing Price Info
Price Summary:
List Price: $1,049,000
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Housing Market Comparison
See how this home compares to others in San Diego, CA.
This property is $100.1K more than the Median Sold Price in San Diego, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NDP2407849
Listing Office:
Office Name: Robcon Realty
Office Email: hawkinsj@gmail.com
Listing Agent: Jeffrey Hawkins
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: 12/21/2024, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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
6
/10
Hardy Elementary School
5420 Montezuma Rd
Distance between this listing and this school0.55 miles
Public District Grades KG-5
3
/10
Fay Elementary School
4080 52nd St
Distance between this listing and this school0.97 miles
Public District Grades KG-5
5
/10
Ibarra Elementary School
4877 Orange Ave
Distance between this listing and this school1.04 miles
Public District Grades KG-5
Nearby Schools
5
/10
Iftin Charter
5465 El Cajon Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades KG-8
4
/10
Mann Middle School
4345 54th St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
7
/10
Language Academy
4961 64th St
Distance between this listing and this school0.98 miles
Public District Grades KG-8
Nearby Schools
2
/10
Diego Hills Central Public Charter
4348 54th St
Distance between this listing and this school0.58 miles
Public Charter Grades KG-12
5
/10
Crawford High School
4191 Colts Way
Distance between this listing and this school0.81 miles
Public District Grades 9-12
5
/10
Hoover High School
4474 El Cajon Blvd
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $91,875. Typical income of San Diego, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5488 New Mills Rd
What is the listing price of this property?
The listing price of 5488 New Mills Rd property is $1,049,000.
What type of property is this?
The property 5488 New Mills Rd is land located in San Diego, California, 92115.
Is this property for sale now?
Active Listing: 5488 New Mills Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5488 New Mills Rd in San Diego, CA and zip code 92115 in the College West neighborhood. This home sits on a 0.80 acre lot. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $1,049,000.
Over 212 listings were sold over their listed price in November 2024 in San Diego, CA. In the same period over 308 listings were sold below the listed price and 109 listings were sold for the listed price. Between October 2024 and November 2024, San Diego, CA real estate market has seen decrease in the number of listings by 4.5%. Listings spent 27 days on the market in November 2024, and had a median list price of $948,850 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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