Pending

11009 Summit Avenue

Santee CA, 92071

$2,700,000


$26.72 per sqft

Pending

2.32 Acres

Land

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring parcel for sale combining to 4.64 Acres and up to a 64 unit build. 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

230004624

MLS ID

March 11, 2023

Listed

July 13, 2024

Updated

Map

11009 Summit Avenue
Santee CA, 92071

Exterior/Building Features

Lot Size

2.32 Acres


Sewer

Septic Tank

Other Property Details

Area Name

East County


Days on Market

327


Garage

No


View

Yes


View Description

Fantastic, Mountains/Hills


County

San Diego


Pool

No


Zoning

R-7

Listing History

Date

Event

Price

7/8/2024

Pending

12/28/2023

Active

10/22/2023

Pending

10/6/2023

Price Change

$2,700,000

12%

9/6/2023

Active

6/20/2023

Pending

Listed by Radius Agent Realty, Pamela Macias,
Listing Contact: 619-820-2454 

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