1735 RANCHO SUMMIT DR.,  ENCINITAS, CA 92024

Lot Number , 9.90 Acres,

$3,990,000

Sold Price:$3,990,000

Sold Date:05-22-2024


DREAM HOME LOT! Approximately 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 roads 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 great 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.

DREAM HOME LOT! Approximately 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 roads 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 great 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.



DETAILED INFORMATION
MLS#:OC23197621Sold Price:$3,990,000
Sold Date:05-22-2024 Original Price:$1,998,000
List Status:SoldProperty Type:Lots/land
Days on Market:212Acres:9.90
Parcel Number:2644500800Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:Exit 5 Freeway Looking For Fortuna Ranch Rd, North East Direction Then Turn Left To Rancho Summit. Land Will Be On Right Hand Si
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:Lot Sqft:431244
Community:Sold Price Per Sqft:N/A
Current Use:Lot Size:4+ To 10 Ac
Best Use:Lot Description:
Development:Structures:
Zoning:View
Sewer:Utilities:
Fence:Utilities Location:
Topography:Frontage:
Water:Water District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$744Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Amenities:
Boat Facilities:Irrigation:
Approved Plans:Loan Terms:
School District:Sale Terms:Cash,Exchange,Seller May Carry


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  6208 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES130 $4,000,000$0
  6207 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES130 $4,000,000$0
  6220 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES130 $4,000,000$0
  6219 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES130 $5,000,000$0
  6251 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES130 $5,000,000$0

   RANCHO SUMMIT DR., ENCINITAS, 92024212 $3,990,000$
FOR SALE AVERAGES:13 0 $4,400,0000


NEARBY SOLD LAND PREVIOUS 12 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  0000 RANCHO SUMMIT, ENCINITAS, CA 92024OLIVENHAIN1920$525,000$0
  1820 VERANO BRISA DR., ENCINITAS, CA 92024OLIVENHAIN591221720$650,000$2.9316
  494 LATIGO ROW, ENCINITAS, CA 92024OLIVENHAIN1090$510,000$0
  Lot 3 FORTUNA RANCH RD., ENCINITAS, CA 0RURAL4610$338,000$0
   SEAQUEST TR, ENCINITAS, CA 92024ELFIN FOREST OLIVENHAIN420$649,000$0
  6319 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES14361855$2,650,000$42.8421
  19404 FORTUNA DEL ESTE, ESCONDIDO, CA 92029ELFIN FOREST2290$625,000$0
  6303 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES11356192$2,625,000$46.7148
  3312 DOVE HOLLOW RD, ENCINITAS, CA 92024OLIVENHAIN5498445$750,000$7.6185
  6368 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091THE BRIDGES309123710$2,500,000$20.2086
  6368 CALLE PONTE BELLA, RANCHO SANTA FE, CA 92091RANCHO SANTA FE309123710$2,500,000$20.2086
  3564 LONE JACK ROAD, ENCINITAS, CA 92024OLIVENHAIN28498445$700,000$7.1106
  3564 LONE JACK ROAD, ENCINITAS, CA 0OLIVENHAIN28498445$700,000$7.1106
  3400 JASMINE CREST, ENCINITAS, CA 92024WILDFLOWER ESTATES85150282$1,600,000$10.6467
  20303 ELFIN FOREST ROAD, ESCONDIDO, CA 92029ELFIN FOREST38111513$550,000$4.9322
  18455 CALLE TRAMONTO, RANCHO SANTA FE, CA 0THE BRIDGES3700$1,500,000$0
  18455 CALLE TRAMONTO, RANCHO SANTA FE, CA 92091RANCHO SANTA FE3700$1,500,000$0
  20260 ELFIN VISTA LN, ESCONDIDO, CA 92029ELFIN FOREST128266151$1,100,000$4.1330
  2568 LONE JACK RD, ENCINITAS, CA 92024OLIVENHAIN46163350$1,050,000$6.4279
  2568 LONE JACK RD, ENCINITAS, CA 92024OLIVENHAIN46163350$1,050,000$6.4279
  2568 LONE JACK ROAD, ENCINITAS, CA 92024OLV36163350$825,000$5.0505
  20008 ELFIN FOREST LANE, ESCONDIDO, CA 92029ELFIN FOREST760$650,000$0
  20753 ELFIN FOREST, ESCONDIDO, CA 92067ELFIN FOREST370368082$800,000$2.1734
  20303 ELFIN FOREST ROAD, ESCONDIDO, CA 0ELFIN FOREST38111513$550,000$4.9322
  3390 CALLE TRES VISTA, ENCINITAS, CA 92024DOUBLE LL175108028$875,000$8.0998
  3031 WILDFLOWER DR., ENCINITAS, CA 92024WILDFLOWER ESTATES8872310$755,000$10.4412
   CALLE FLORES, RANCHO SANTA FE, CA 92067RANCHO SANTA FE84225640$515,000$2.2824
  3029 WILDFLOWER DRIVE DRIVE, ENCINITAS, CA 92024WILDFLOWER ESTATES630$1,200,000$0
  3015 WILDFLOWER, ENCINITAS, CA 92024WILDFLOWER ESTATES16791911$1,600,000$17.4081
  3395 WILDFLOWER VALLEY DR., ENCINITAS, CA 92024WILDFLOWER ESTATES1530$1,395,000$0
  3395 WILDFLOWER VALLEY DR., ENCINITAS, CA 92024OLIVENHAIN1530$1,395,000$0
  3174 WILDFLOWER SUMMIT, ENCINITAS, CA 92024WILDFLOWER ESTATES1800$735,000$0
  3180 WILDFLOWER, ENCINITAS, CA 92024WILDFLOWER ESTATES781022$475,000$5.8626
  3180 WILDFLOWER SUMMIT, ENCINITAS, CA 9202422181022$660,000$8.1459
  3281 POPPY HILLS LN, ENCINITAS, CA 92024WILDFLOWER ESTATES130522720$2,400,000$4.5914

SOLD AVERAGES:176 154,903 $1,111,486$11




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Listing Provided Courtesy of: Lucy Scott, Visionaire Real Estate.

Listing sold by: Lucy Scott, Visionaire Real Estate.
Data Updated July 01 2024 08:59:02
Listing Last Modified:05-26-2024 14:59:54

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