11041 Summit Ave - 2.32 Acre - R-7 Up to 32 Unit Development 2.32 Acres of Residential Land Offered at $1,950,000 in Santee, CA 92071

Up to 32 Unit Development Opportunity. 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. R-7 Zoning: Parcel was recently approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size. NEW CONSTRUCTION COMMUNITIES IN DEMAND! Property is located in close proximity to in demand housing development communities such as Mastercraft Residential's Walker Trails, Summit Santee's Noble Way, Pardee Homes' Castlerock, Kb Homes' River Village and townhome/condominium development communities such as Presidio Cornerstone's Laurel Heights, Pardee Homes' Weston, City Ventures' Caribbean Way, Kb Homes' Prospect Fields, and William Lyon Homes' Riverview, just to name a few. 2025 Tentative Map Approval received by Warmington Residential for 10939 Summit Avenue (3 lots south of current listed lot) *404 Permitting Avoidable for Blue Line Channel. See Marketing Packet for further information, or call agent for information. - Sellers will not entertain offers with extended closing timeframes for entitlement processing.