0 RANCH SUMMIT,  ENCINITAS, CA 92024

Lot Number , 9.87 Acres,

$3,990,000

Sold Price:$3,990,000

Sold Date:05-22-2024


Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. 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 at $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 which was half of full 9.87 acres lot on this listing the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres

Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. 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 at $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 which was half of full 9.87 acres lot on this listing the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres at Price of $3.99 Million.



DETAILED INFORMATION
MLS#:OC24067972Sold Price:$3,990,000
Sold Date:05-22-2024 Original Price:$3,990,000
List Status:SoldProperty Type:Lots/land
Days on Market:47Acres:9.87
Parcel Number:2445008000Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:From Furtuna Ranch Road Turn To Ranch Summit Dr., And The Corssing Of Ranch Summit Drive And Rancho Michelle.
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:Lot Sqft:429937
Community:OlivenhainSold Price Per Sqft:N/A
Current Use:Lot Size:4+ To 10 Ac
Best Use:Lot Description:Sidewalks
Development:Structures:
Zoning:View
Sewer:Utilities:Other/remarks
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:$0Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Ranch/farmAmenities:
Boat Facilities:Irrigation:
Approved Plans:Loan Terms:
School District:Sale Terms:Cash,Conventional,Exchange


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

   FULVIA LOT 3, ENCINITAS, CA 92024WEST OF 5, LEUCADIA52414672 $1,998,000$136
   MAYS HOLLOW, ENCINITAS, CA 920241197574 $3,290,000$34
  0 LONE HILL LANE, ENCINITAS, CA 92024OLIVENHAIN190435600 $3,900,000$9
  707 PASSIFLORA AVENUE, ENCINITAS, CA 9202413233105 $3,095,000$93

   RANCH SUMMIT, ENCINITAS, 9202447 $3,990,000$
FOR SALE AVERAGES:214 145,238 $3,070,750$68


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

  0 3RD, ENCINITAS, CA 92024MOONLIGHT BEACH534986$1,770,000$354.9940
  0 SKY LOFT, ENCINITAS, CA 920242411023660$5,000,000$4.8844
  0 MANCHESTER, ENCINITAS, CA 9202445466211$600,000$9.0619
  0 CALLE RANCHO VISTA, ENCINITAS, CA 920246937897$775,000$20.4502
  0 DESERT ROSE WAY, ENCINITAS, CA 9202441341382$605,000$14.6199
  0 FORTUNA RANCH, ENCINITAS, CA 92024OLIVENHEIN54429937$2,200,000$5.1170
  0 VIA RANCHO MICHELLE ROAD, ENCINITAS, CA 9202433191664$1,500,000$7.8262
  0 SAXONY, ENCINITAS, CA 920245419602$1,625,000$82.8997
  264 FORTUNA RANCH, ENCINITAS, CA 92024210108900$414,000$3.8017
  0 JASON, ENCINITAS, CA 92024297405$820,000$110.7360
   VERANO BRISA DR., ENCINITAS, CA 92024OLIVENHAIN74221720$495,000$2.2325
  0 VIA RANCHO MICHELLE ROAD, ENCINITAS, CA 92024264104544$760,000$7.2697
  0 EOLUS AVE., ENCINITAS, CA 92024ENCINITAS39218542$925,000$49.8867
  0 VIA DI FELICITA, ENCINITAS, CA 92024OLIVENHAIN320$860,000$0
  0 VIA DI FELICITA, ENCINITAS, CA 92024RANCHO LAS ENCINITAS320$860,000$0
  0 RANCHO SUMMIT, ENCINITAS, CA 92024OLIVENHAIN1920$525,000$0
  0 OCEAN VIEW AVE, ENCINITAS, CA 92024ENCINITAS WEST OF THE 513935284$375,000$10.6280
  0 PRINCEHOUSE, ENCINITAS, CA 92024ENCINITAS8352272$1,140,000$21.8090
  0 EOLUS AVE., ENCINITAS, CA 92024LEUCADIA39218542$925,000$49.8867
  0 VIA DI FELICITA, ENCINITAS, CA 92024OLIVENHAIN2660$700,000$0
  0 MANCHESTER AVE, ENCINITAS, CA 92024ENCINITAS20527007$645,000$23.8827
  0 BELLA AZUL COURT, ENCINITAS, CA 92024LEUCADIA916115434$760,000$6.5838
  0 BELLA AZUL COURT, ENCINITAS, CA 92024LEUCADIA130278348$1,025,000$3.6824
  0 HERMES AVENUE, ENCINITAS, CA 92024BEACH1705227$325,000$62.1772
  0 HERMES AVENUE, ENCINITAS, CA 92024BEACH1705227$325,000$62.1772
  0 AVENIDA ESPERANZA, ENCINITAS, CA 92024ENCINITAS1926136$450,000$17.2176
  0 TRABERT RANCH, ENCINITAS, CA 92024ENCINITAS1720$958,000$0
  0 LATIGO ROW, ENCINITAS, CA 92024KNIGHTSBRIDGE227235224$632,000$2.6868
  0 FORTUNA RANCH ROAD, ENCINITAS, CA 92024ENC137108029$665,000$6.1558
  0 UNION STREET (3) LOTS, ENCINITAS, CA 92024ENCINITAS3955531$1,050,000$18.9084
  0 FORTUNA DEL SUR, ENCINITAS, CA 92024ELFIN FOREST219230868$395,000$1.7109
  0 SPARTA DRIVE, ENCINITAS, CA 92024LEUCADIA13310890$325,000$29.8439
  444 EL CAMINO REAL AVENUE, ENCINITAS, CA 92024ENCINITAS1806534$174,900$26.7677
  0 PRINCEHOUSE, ENCINITAS, CA 0OLIVENHAIN8352272$1,140,000$21.8090
  501 QUAIL GARDENS DRIVE, ENCINITAS, CA 92024ENCINITAS RANCH17544431$2,000,000$45.0136
  1536 CHRISTINE PL, ENCINITAS, CA 92024ENCINITAS28923086$500,000$21.6581
  1570 CHRISTINE PL, ENCINITAS, CA 92024ENCINITAS28940946$500,000$12.2112
  1553 CHRISTINE PL, ENCINITAS, CA 92024ENCINITAS28929185$500,000$17.1321
  701 PASSIFLORA AVE, ENCINITAS, CA 92024COASTAL ENCINITAS15137026$3,235,000$87.3710
  889 CHANNEL ISLAND DRIVE, ENCINITAS, CA 92024ENCINITAS3270$995,000$0
  640 EZEE STREET, ENCINITAS, CA 92024LEUCADIA10310454$369,000$35.2975
  556 UNION, ENCINITAS, CA 92024723292723$19,200,000$65.5910
  1131 WOTAN DR, ENCINITAS, CA 92024ENCINITAS14717862$1,650,000$92.3749
  1131 WOTAN DR, ENCINITAS, CA 92024OTHER14717862$1,650,000$92.3749
  452 OCEAN VIEW TERRACE, ENCINITAS, CA 920243920$942,125$0
  1146 EVERGREEN, ENCINITAS, CA 0AVACADO ACRES 7730$1,460,000$0
  1146 EVERGREEN, ENCINITAS, CA 92024ENCINITAS730$1,460,000$0
  834 LEUCADIA BOULEVARD, ENCINITAS, CA 92024LEUCADIA19259241$2,975,000$50.2186
  521 OCEAN VIEW, ENCINITAS, CA 92024BEACH840$375,000$0
  461 OCEAN VIEW AVE, ENCINITAS, CA 92024ENCINITAS/W OF I-5522130244$1,511,250$11.6032
  1205 SANTA FE, ENCINITAS, CA 92024CREST ACRES351169448$2,808,000$16.5715
  1245 LAKE, ENCINITAS, CA 92024422169884$5,150,000$30.3148
  837 STRATFORD, ENCINITAS, CA 920247610890$1,750,000$160.6979
  735 SANTA FE DR, ENCINITAS, CA 0CARDIFF87551000$2,000,000$39.2157
  97 VULCAN AVE, ENCINITAS, CA 92024ENCINITAS36414648$975,000$66.5620
  403 ORPHEUS AVE, ENCINITAS, CA 0ENCINITAS6843124$2,200,000$51.0157
  403 ORPHEUS AVE, ENCINITAS, CA 92024ENCINITAS6843124$2,200,000$51.0157
  84 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165812$1,050,000$180.6607
  84 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165812$1,050,000$180.6607
  179 VULCAN AVE, ENCINITAS, CA 92024LEUCADIA496911$840,000$121.5454
  76 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165000$1,050,000$210.0000
  76 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165000$1,050,000$210.0000
  66 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165000$1,050,000$210.0000
  66 EAST F STREET, ENCINITAS, CA 92024ENCINITAS1165000$1,050,000$210.0000
  1060 URANIA AVENUE, ENCINITAS, CA 92024HILLSIDE ACRES39514501$985,000$67.9263
  957 GRANGE HALL ROAD, CARDIFF BY THE SEA, CA 0CARDIFF2316732$600,000$89.1266
  957 GRANGE HALL ROAD, CARDIFF BY THE SEA, CA 92007CARDIFF BY THE SEA2316732$600,000$89.1266
  1331 LAKE, ENCINITAS, CA 92024CREST DRIVE CORRIDOR2247480$1,755,000$36.9629
  1329 LAKE DRIVE, ENCINITAS, CA 92024LAKE19153143$995,000$18.7231

SOLD AVERAGES:207 83,247 $1,452,526$61




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

Listing sold by: Lucy Scott, Visionaire Real Estate.
Data Updated June 18 2024 04:45:56
Listing Last Modified:05-26-2024 14:59:54

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