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Elfin Forest Rd
Rancho Santa Fe, CA 92067
Victoria Shangila · Land For Sale · 80.00 AC

INVESTMENT HIGHLIGHTS

  • wealthy area, Bill Gates $43M homes 15 minutes away, Ocean View, beaches, best weather, best school, annex to City and get 1,000% investment return.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Horse Stables
  • Single Family Development
Total Lot Size 80.00 AC
Zoning Residential - Current is one home per 2 Acres, but if annexed to San Marcos City, could get 5,000 sq. ft lots. Bill Gates has 3 homes in the area. Very nice ares.

DESCRIPTION

The land is 80 ac, comprising 2 equal size legal parcels, Ocean & mountain views, horses OK, 7 miles to beaches, surfing & fishing, 2 hrs. to ski, best weather. Areas of super rich. This area is so desirable that Bill Gates purchased 3 property within 15 minutes of this 80 Ac, in Rancho Santa Fe & Del Mar. Gates’ most recent purchased home in Del Mar is $43M. This land is ideal for a supper rich to build 1 or 2 secluded grand mansions, or subdividing the land. The land is in highly rated Rancho Santa Fe School District and San Diequitos High School District. Has a ongoing pending 40 estate lots San Diego County Tentative Map subdivision application, but owner temporary voluntary suspended it due to health reason. Buyer could reactivate the 40 estate lots Tentative Map subdivision application with the San Diego County (see attached 40 lots drawing). Alternately, build one or two family homes or mansion now, and concurrently lobbing San Marcos City counsel members for annexing into the City, subdividing the 80 ac into a 100 or 200 city lots subdivision (see attached drawing of 132 City lots proposal). Successful annexing the land into San Marcos City for city lots could triple the land value, in comparing to remaining with San Diego County for a 40 estate lots subdivision. In 2004, a neighboring one parcel of 60 Ac contiguous to our 80 Ac, successfully annexed into San Marcos city and created 129 lot, and almost 10 fold increased in land valued. However, annexing into San Marcos City require a person with good lobbing skill, and possibly require deep pocket too. Current owner lacks this "people" skill and also too old for this process. This 80 Ac could be a gold mine for the right buyer. Can deliver the land with an San Diego County approved Tentative Map, but at a higher price. The land is located in Elfin Forest area of San Diego County, Elfin Forest abuts Rancho Santa Fe, Encinitas, Carlsbad and San Marcos (see attached Goggle map). A mile away, newer homes with similar ocean view in Encinitas and San Marcos asking for $4.5m. Enclosed Zillow comps. All part of the 80 ac has either ocean view or mountain view (see attached video and pictures, taken from 80 ac). The land is in countryside setting, yet it is proximity to cities, top hospitals and universities. 7 miles to beautiful beaches (see attached Goggle beach pictures) The land is contiguous to 300 ac of open space, with horse/hiking trails. Ideal for horse property. Attend schools in Rancho Santa Fe and San Dieguito school districts, and socializing with world wealthy parents from Rancho Santa Fe. For question or showing, send phone # to tanty@aol.com, or call 760-522-1468. Lot location coordinate on goggle map is 33.093324, -117.186013, the land is sandwiched between Old Glen Street, San Marcos City and Fortuna Del Notre, Escondido . .

  • Listing ID: 25487130

  • Date on Market: 4/16/2022

  • Last Updated:

  • Address: Elfin Forest Rd, Rancho Santa Fe, CA 92067

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