Asking Price: $13,500,000

Outstanding North County Residential Development Opportunity This is a rare opportunity to acquire approximately 43 acres of prime developable land in Oceanside, California. The property is contiguous to the San Diego Trolly Station in Oceanside near Oceanside Blvd. Planning and Pre-development meetings with the Oceanside Planning Department have concluded that the property may yield between 64-189 housing units. This stunning 43 acres expanse is in the heart of South Oceanside. This outstanding opportunity is just north of Mira Costa College and is contiguous to the Oceanside Coaster Depot stop. It is just blocks from the Oceanside VA clinic and only a couple of miles from South Oceanside beach. It’s proximately to interstate 78, interstate 5 and Costco makes it an ideally located infill project. The current owners commissioned engineering plans and density studies with three highly respected planning firms to determine feasibility, density and primary engineering placement to determine the highest and best use of this site. This property is raw with conceptual plans to build between 64–189 dwelling units. City officials at the recent developers conference were supportive of a proposed development during a preliminary development meeting of increased density due to numerous supporting factors. This prime property is one of the last remaining vacant available parcels within the city limits of Oceanside. Condo prices near this area have recently sold from $800,000 to more than $1,000,000