Leaf Lane

Rare North Escondido infill development opportunity with newly identified smalllot subdivision potential Located at 0 Leaf Lane APN 2261305200 this 058acre 25000 SF parcel is zoned RS Residential Single with a Village Residential VR73 General Plan designation in the established Country Club area of North Escondido In addition to the propertys previously identified conventional residential subdivision potential preliminary review of San Diego County SB 1123 SB 684 mapping indicates this parcel may qualify for the States streamlined ministerial smalllot subdivision provisions For qualifying vacant singlefamily residential properties SB 1123 SB 684 may provide a pathway for subdivision into up to 10 residential lots and development of up to 10 residential units subject to statutory requirements objective development standards and County approval County guidelines allow newly created parcels as small as 1200 SF for qualifying projects This creates a potentially significant development opportunity beyond the propertys original lowerdensity concept A developer may evaluate configurations ranging from a conventional residential subdivision to a higheryield smalllot project Actual lot yield will depend upon engineering access fire requirements utilities easements grading drainage site design and applicable County standards The residential zoning may also provide an opportunity to evaluate small residential care facilities subject to applicable California law County requirements and State licensing This could create additional flexibility for residential care operators builders and specialized housing developers The parcel offers gently sloping topography with an elevated portion that may provide view potential Water and sewer are reported available in the area through Vallecitos Water District Buyer to independently verify availability capacity connections and fees Located on a quiet culdesac near Twin Oaks Golf Course Palomar Medical Center shopping schools I15 and Highway 78 the property provides an attractive North County infill location surrounded by established residential development Offered at 485000 An excellent opportunity for builders developers residential care operators or investors seeking a manageable infill project with multiple potential development strategies and substantial upside All development concepts and lot counts are preliminary Seller and broker make no representation or warranty regarding final subdivision approval lotunit yield SB 1123 SB 684 eligibility residential care use utility capacity or development costs Buyer to independently verify all zoning subdivision allowableuse and development feasibility with the County of San Diego and applicable agencies