SUMMIT VIEW ACRES

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KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130

KEVIN VERNONDirector/[email protected] #01859120

JOHN PEWTHERBroker [email protected] #00477963

2510 Summit Drive, Escondido, CA 92025

SUMMIT VIEW ACRES

LAND FOR SALE

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PROPERTY HIGHLIGHTSMAGNIFICENT PANORAMIC VIEWS FROMTHE TOP OF SUMMIT DRIVE

ADJACENT TO LUXURY ESTATE HOMES

COUNTY OF SAN DIEGO

FLAT WITH GENTLE SLOPE

MINIMUM 1 ACRE LOT SIZE


SUMMIT VIEW ACRES

LAND FOR SALE

PROPERTY SUMMARY

Sale Price: $1,200,000

Lot Size: 22.89 Acres

APN #: 237-090-05

Zoning:A70 (SR-1 - Semi-Rural

Residential)

Market: San Diego

Sub Market: Escondido

Cross Streets: Mary Lane


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SUMMIT VIEW ACRES

LAND FOR SALE


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We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.


SUMMIT VIEW ACRES

LAND FOR SALE


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SUMMIT VIEW ACRES

AERIAL VIEWS


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SUMMIT VIEW ACRES

AERIAL VIEWS


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SUMMIT VIEW ACRES

VIEW FROM POTENTIAL BUILDING LOT LOCATIONS


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PROPERTY NAME: Summit View Acres

PROPERTY ADDRESS: 2510 Summit Drive

Escondido, CA 92025

APN: 237-090-05

PROPERTY DESC.: Truly a one of a kind superior view

property for one or more building

sites! Flat building area with gentle

slopes.

DIRECTIONS: From I-15, take exit 27 for Via

Rancho Pkwy toward San Diego

Wild Animal Park. Continue on E.

Via Rancho Pkwy to Bear Valley

Pkwy and then turn right onto Mary

Lane, go NE to Summit Drive. The

subject property is located at the

intersection of Mary Lane and

Summit Drive.

LOCATION: One mile south of Hwy 78 & five

miles east of I-15

ZONING: A70 (SR-1 - Semi-Rural

Residential)

WATER: Escondido

GAS/ELECTRIC: SDG&E

POLICE: Sheriff

FIRE: Escondido


SUMMIT VIEW ACRES

LAND FOR SALE


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SUBJECT PROPERTY2510 Summit Drive | Escondido, CA 92025

$1,200,000Sale Price:

22.89 ACLot Size:

$1.20Price PSF:

$52,425Price / AC:

18.4 ACRE DEVELOPMENT SITE2260 San Pasqual Valley Rd | Escondido, CA 92025

$1,000,000Sale Price:18.4 ACLot Size:$1.25Price PSF:$54,347Price / AC:02/09/2015Closed:

1

When you pull up to 2260 San Pasqual Valley Road in Escondido, whether you look to your left or your right, all you' ll see arehills, valleys and breathtaking sights. This 18.4-acre lot certainly has plenty of space and even more potential for the perfectbuyer. A plentiful ranch. A portfolio-building investment property. The future home of a perfectly-situated, must-live-in 16-Lotsubdivision. The choice is most definitely yours when you purchase this amazing piece of property. While it feels like muchlike a serene, rural oasis, the address is conveniently and centrally located to the 15 Freeway, Route 78, schools, and ashopping mall (Westfield Escondido). Sitting on the lot now, is a rented, free-standing 1,923 three-bedroom adobe home, witha detached garage and bonus efficiency apartment. Should you have other plans for the plot, the City of Escondido recentlyapproved a rezoning of it to semi-rural (SR-1). The former grove is also farming-friendly, zoned a70 for limited agricultural use.

20 ACRE DEVELOPMENT SITE14191 San Pasqual Rd | Escondido, CA 92025

$2,800,000Sale Price:20 ACLot Size:$3.00Price PSF:$140,000Price / AC:04/14/2017Closed:

2

This corner property is located at the last 4-way lighted intersection before reaching the world-famous San Diego Zoo SafariPark. The Safari Park sees over 2 million visitors per year and is home to ~600 employees year round. Anyone traveling to thepark coming from the North, South or West must drive directly past the property to access the park’s entrance. What makesthe subject property so unique is that it is the only commercially zoned corner parcel in the immediate area. With its proximityto the Safari Park and is surrounded by over 4,200 homes (USPS 2 miles radius), this property is prime for an upscale retail/commercial development. Currently, there are no grocery stores, gas stations, restaurants or general retail for over 3 milesfrom the site. Visitors to the park and local residents must travel to downtown Escondido or to the 15 Freeway for shoppingand refueling. Additionally, the proposed 550 home Safari Highlands Ranch development is located less than 2 miles NorthEast of the site.


SUMMIT VIEW ACRES

LAND FOR SALE


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SUBJECT PROPERTY PRICE LOT SIZE PRICE/AC

Summit View Acres2510 Summit DriveEscondido, CA 92025

$1,200,000 22.89 AC $52,425

SALE COMPS PRICE LOT SIZE PRICE/AC

118.4 Acre Development Site2260 San Pasqual Valley RdEscondido, CA 92025

$1,000,000 18.4 AC $54,347

220 Acre Development Site14191 San Pasqual RdEscondido, CA 92025

$2,800,000 20 AC $140,000

SALE COMPS PRICE LOT SIZE PRICE/AC

TOTALS/AVERAGES $1,900,000 19.2 AC $98,958


SUMMIT VIEW ACRES

LAND FOR SALE


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SUBJECT PROPERTY2510 Summit Drive | Escondido, CA 92025

1

2260 San Pasqual Valley RdEscondido, CA 92025

18.4 ACRE DEVELOPMENT SITE

2

14191 San Pasqual RdEscondido, CA 92025

20 ACRE DEVELOPMENT SITE


SUMMIT VIEW ACRES

LAND FOR SALE


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SUMMIT VIEW ACRES

LAND FOR SALE

1 Mile 5 Miles 10 Miles

Total Population 3,067 160,885 397,639Population Density 976 2,048 1,266Median Age 44.1 35.7 37.3Median Age (Male) 40.8 34.4 36.0Median Age (Female) 45.5 36.6 38.5Total Households 985 51,451 135,715# of Persons Per HH 3.1 3.1 2.9Average HH Income $121,385 $76,724 $93,661Average House Value $723,280 $502,384 $563,916





Confidentiality & Disclaimer

OFFERING MEMORANDUM

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation orwarranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financialperformance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials orinformation provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct ofits own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unlessotherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate thirdparty independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consultingappropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KWCommercial does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/orprojected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers,architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Carmel Valley / Del Mar in compliance with all applicable fair housing and equalopportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or futureperformance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

PRESENTED BY:

ESCONDIDO, CA

Date post:	09-Apr-2022
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