Property Detail

11025 Summit

Santee CA 92071

$2,700,000

Status: Active

Property Details

Description

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring Parcel for sale to combine 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, 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 pct, 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, andWilliam Lyon Homes' Riverview, just to name a few.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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