16
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$7,995,000
Est. payment /mo
Active
3309 San Rey Bonsall, CA 92003
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2503190
Property Sub-Type Lots/Land
Property Description
Rancho Viejo Premier Development Opportunity Cost-Efficient, and Market-Aligned Key Investment Highlights Approvals Secured Full County scoping letter and Fire District agreements in place Phased Development Reduced upfront costs with optimized two-phase buildout $10M+ in Cost Savings Modular construction, grading optimizations, and road design efficiencies Strong Rental Demand By-right ADUs/J-ADUs in a high-growth Southern California corridor Project Advantages 1. Flexible Land Use Designations - Active Use Open Space: Permits clubhouses, trails, recreation, and water features - Passive (Restorative) Use: Allows grading/development with approved landscape restorationresolving prior ownerships roadblocks 2. Accelerated & Deferred Costs - Emergency Road Approval: Secondary access downgraded from primary road standards, cutting $2M+ in initial costs - Phase 2 Deferrals: Fire Dept. approved delaying full emergency road buildout, accelerating Phase 1 (29 lots) 3. Optimized Site Engineering - Grading Plan: Reduced import volumes while expanding usable yard space via elevated home pads - Modular Construction: Approved for 30% faster vertical build, with modern-rustic designs and covered parking integration 4. Lower Infrastructure Costs - Santa Luz-Inspired Roads: Drought-tolerant, fire-resistant landscaping with reduced sidewalk/street expenses - Traffic Study vs. Full Road Build: $500K+ savings vs. original secondary access requirements 5. High-Demand Rental Model - ADU/J-ADU Inclusion: Projects premium rents using tri-county (Orange/San Diego/Riverside) comps - Proven Prec
Location
State CA
County San Diego
Direction The property is located West of the 15 between Dulin Road and Old Highway 395
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 1253010100
Special Listing Condition NOD Filed/Foreclosure Pnd
Listed by Thomas Stewart Real Broker