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$3,990,000   Price Analysis
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1735 Rancho Summit Dr Rd
Encinitas, CA 92024
Unknown bed 0 bath unknown SqFt ($0/SqFt)
9.9 acre lot.
Listed 2023-10-23, Taxes $9,303
Ⓧ USDA Ineligible
due to property

near Encinitas

DREAM HOME LOT!

* No Longer For Sale *
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Apprximately 50% lower than market price compared to the sold adjacent same size lot. This listing is selling 9.87 acres R4 residential lot with hills view, nice creek behind the lot. It located at Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. All road s Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold for $2.2 million Approximately per 2 acres lot. In 2020, the famous builder SHEA Homes developed a new luxury community nearby (cross the street), The community was so popular and has been completely sold out within months.

This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R4 residential lot. This is extraordinary value in this fast value appreciating area. Price fits for owner/user or developer. Some county documents shown the address was 1735 Ranchi Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024 Seller originally was selling 4.9 acres land at the listing price of $1.99 million. The 4.9 acrees was subdevided from the full 9.87 acres lot. The 4.9 acres land was $1.99 Million; the whole 9.87 acres land at Price of $3.99 Million.


Presented by Lucy Scott at
Visionaire Real Estate Inc.


Property MLS #OC23197621 from CRMLS

Lot Description: 2-5 Units/Acre, Flag Lot, Rectangular Lot, Level
Lot Size Acres: 9.9
Lot Size Source: Assessor
Lot Size Square Feet: 431244

View: Bluff, Canyon, Creek/Stream, Mountain(s), Panoramic, Peek-A-Boo, Trees/Woods, Valley

Calculated Total Monthly Association Fees: 0

Community Features: Biking, Foothills, Mountainous

Source Listing Status: Closed
County: San Diego
Directions: Exit 5 Freeway looking for Fortuna Ranch Rd, north east direction then turn left to Rancho Summit. Land will be on right hand side with commercial sign. Only vacant lot in the area. Very easy to find
Source Property Type: Land
Area: ENCS - Encinitas
Source Neighborhood: ENCS - Encinitas
Parcel Number: 2644500800
Zoning: RR
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $811,670
$811,670
$9,303
2022$unknown + $795,755
$795,755
$9,134
2021$unknown + $780,152
$780,152
$9,027
2020$unknown + $772,153
$772,153
$8,930
2019$unknown + $757,013
$757,013
$8,751
2018$unknown + $742,170
$742,170
$8,713
2017$unknown + $727,618
$727,618
$8,570
2016$unknown + $713,351
$713,351
$8,126
2015$unknown + $702,636
$702,636
$8,019
2014$unknown + $688,873
$688,873
$7,845
2013$unknown + $685,760
$685,760
$7,957
2012$unknown + $672,314
$672,314
$7,572
2010$unknown + $659,132
$659,132
$7,389
2009$unknown + $655,761
$655,761
$7,402
2009$unknown + $654,206
$654,206
$7,402
2008$unknown + $642,903
$642,903
$7,261
2007$unknown + $630,298
$630,298
$7,133

Sold 2024-05-22
$3,990,000
CRMLS
Price Changed 2024-05-20
$3,990,000
CRMLS
Price Changed 2024-04-05
$1,990,000
CRMLS
Listed 2023-10-23
$1,998,000
CRMLS
Sold 2023-05-24
$2,200,000
CRMLS
Listed 2023-04-01
$2,000,000
CRMLS
Listing removed 2022-12-18
$0
CRMLS
Listed 2022-06-08
$2,200,000
CRMLS
Listing removed 2018-11-01
$0
SanDiegoMLS
Price Changed 2017-11-02
$0
SanDiegoMLS
Listed 2017-07-13
$2,000,000
SanDiegoMLS

Water Source: Public

La Costa Canyon High School is a public high school located approximately 1.9 miles away.
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Olivenhain Pioneer Elementary School is a public elementary school located approximately 2.5 miles away.
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Diegueno Middle School is a public middle school located approximately 2.8 miles away.
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Calvary Preparatory Academy is a private elementary, middle and high school located approximately 2.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.