Single family development land opportunity in the San Diego neighborhood of Encanto. This site is nearby downtown San Diego and saves a builder considerable money & time. A typical land development project allots approximately 20% of budget for land purchase of the finished product. In addition to the land acquisition cost, about $40,000 has already been invested on this lot for architectural and structural reports. The current home architectural & engineering plans have expired, however all the reports & required calculations can be resubmitted for a 4-bed 3 1/2 bath home on a 9,200+ sq.ft. canyon lot with seasonal stream. Modern open floor-plan design offers dining room, den, balcony & 2-car garage. Public utility hook-ups nearby from recent new construction homes (selling in the high $500K's), including electric, water, sewer & fire hydrant. Near by park & schools with a private rural feel. & the road to the garage that would eliminate any grading needs per San Diego guidelines needs completion.
