Asking Price: $3,700,000

Rare opportunity to buy 40.49 Acres in the City of Santee, combination of city location, natural beauty, and 40+ acre lot size, majority of which is San Diegan Coastal Sage Scrub native habitat, bordering San Diego's beautiful Mission Trails Regional Park (one of largest mountainous parks in major US city). A seasonal stream runs through the valley in Winter months in years with average or above average rainfall. The land is blanketed with 100’s of California Native Trees, Shrubs, and Vineyard, includes miles of trails, and adjoins 100's of acres of open space. All conveniently located near Schools, Shopping and Public Transit. The property consists of a relatively flat 6.27 acre area to the West zoned R-1A with 2 single family residences (both recently remodeled with numerous upgrades), and 5.55 acres available for development. The Eastern 34.22 acres of property are zoned R-1, consisting of a valley and 2 mountain ridges rising from 420ft. elevation to over 760ft. at the East Mesa in the Southeast corner of the property, in a MSCP 60/40 habitat conservation area with 13.69 acres potentially available for development of single family homes. Seller willing to subdivide and sell the undeveloped East ~34 Acres for $1.8M. Additional links and info including maps and potential development options provided on request. Currently (2) Rental Homes generating $88,800 annual income. Unit #1 (3)Bedrooms (2)Bathrooms. Fully Updated. A/C. Two Car Garage. Unit #2 (2)Bedrooms (1)Bathroom, Wall A/C. 200 Sq. Ft. Deck, Carport, RV hookups including 50-Amp electric, outdoor WIFI The property consists of a relatively flat 5-acre area with 2 single family residences (both recently remodeled with numerous upgrades) and 35 acres of open space to the East consisting of a valley and two mountain ridges, rising from 420 feet elevation to over 760 feet at the East Mesa in the Southeast corner of the property. The Eastern 35 acres are within a Multiple Species Conservation Program (MSCP) 60/40 habitat preservation area, allowing development of up to 40% of the lot area and supporting the addition of 20+ single family homes. A seasonal stream runs through the valley in Winter months in years with average or above average rainfall. The property also includes a vineyard, fruit tree orchard, miles of trails, and adjoins 100's of acres of open space. The land comprises 40.49 acres, the majority of which is San Diegan Coastal Sage Scrub native habitat, bordering San Diego's beautiful Mission Trails Regional Park - one of the largest mountainous parks in a major US city.