$4,995,000
One-of-a-kind Solana Beach opportunity offering endless possibilities, exceptional flexibility and rare development potential. Two permitted residences currently occupy the property, providing immediate income and multiple options for an owner-user, investor or developer. Per verification with the City of Solana Beach, the property allows for 2 additional single-family dwellings plus up… Read More to 4 ADUs, subject to applicable plans, permits and development requirements. Even more unique, this property has no HOA and is forever exempt. A gated estate with 150 foot easement with privacy in back and front yard. The estate provides whitewater crashing waves views from corner to corner of the property, as well as from the living room of one of the homes. Sweeping views of San Elijo Lagoon and Rancho Santa Fe, open-space secluded privacy on the top of the hill, in one of Southern California’s most desirable coastal communities. Walking distance from highly rated Solana Vista School. Create private mufti-generational estates, expand the existing residences, develop additional homes, maximize rental income or design a truly unique investment project. Opportunities like this are rarely available. Buyer to independently verify final development requirements and approvals with the City. Read Less
Property listed by LPT Realty, Inc, Ronald Navalta 310-259-7556
Listing Snapshot
Days Online
18
Last Updated
Lot Size
1.11 Acres
Year Built
1958
MLS Number
260021342SD
Additional Details
Appliances & Equipment
SolarHotWater
Building
Built in 1958, 1 building, 1 storey, Levels: One
Community
Park Name: N/A
Cooling
CentralAir
Heating
ForcedAir, Solar
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $75,600, Net Operating Income: $75,600
Lot
1.11 acres
Pool
None
Property
Ocean
Taxes
Parcel Number: 2636524600, Zoning: R-2:MINOR
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Michael Harby
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Listing Information © California Regional MLS. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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