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Listed by Mylene Merlo • Mylene Merlo, Broker
$ 1,800,000
Est. payment /mo
Price Dropped by $195K
515 Cassou RD San Marcos, CA 92069
8 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2504771
Lot Size 8 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Unique Investment Opportunity in Twin Oaks Valley - only 10 miles inland. 4 contiguous parcels with 2 detached houses and 800 sf shed on 8.67 acres, including private road. Two houses: 515B, and 515A - appraised in October 2023 for a combined value of $2.2M! Appraisal did NOT include the 2 additional parcels. APNs 182-280-13, -14, -15, and 182-240-25. R-2 zoning. Unincorporated San Marcos - San Diego County jurisdiction. 515B was built in 1982, and currently has 4 bedrooms, 3 baths, plus a studio, with an attached 2 car garage. 515A was built in 1947, and currently has 4 bedrooms and 2 baths. Both houses and the shed have separate electric meters, and there is one 2 inch water meter at the shed. This is an opportunity for a builder to create a compound, or develop multiple properties. County zoning allows for ADU and detached workshops. Fantastic location: easy freeway access, both the 78 and 15 are less than 10 minutes away. Only 4 miles to Cal State San Marcos and Palomar College. Rare chance to build in Twin Oaks Valley!
Location
State CA
County San Diego
Area 92069 - San Marcos
Zoning AGR,LSF
Exterior
Utilities Available Propane On Site
View Panoramic
Building
Lot Description Flag Lot, Agricultural Use
Others
Tax ID 1822801500
Special Listing Condition Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2504771
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