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Sunny Creek Rd - Sunny Creek Rd 43.58 Acres of Residential Land Offered at $9,000,000 in Carlsbad, CA 92010
Investment Highlights
- Previously approved for 19 half-acre residential lots.
- Located within the prestigious Carlsbad Unified School District.
- Part of the Sunny Creek Specific Plan with nearby successful developments.
- Scenic ocean and mountain views from multiple vantage points.
- Approximately 16 usable acres within a 43.58-acre parcel.
- Close proximity to El Camino Real, College Blvd, and McClellan-Palomar Airport.
Executive Summary
Located in the heart of Carlsbad’s Sunny Creek Specific Plan Area, this 43.58-acre development opportunity—known as Rancho Milagro—offers a rare chance to acquire a coastal residential site with panoramic ocean and mountain views. Previously entitled for 19 half-acre single-family lots, the property includes approximately 16 usable acres and is surrounded by established residential communities, open space preserves, and top-rated schools within the Carlsbad Unified School District. With its sloping topography, scenic vistas, and proximity to El Camino Real, College Boulevard, and McClellan-Palomar Airport, the site is ideally positioned for a high-end residential enclave. Though the tentative map has recently expired, the property remains part of a well-defined planning area that includes successful neighboring developments such as Cantarini Ranch and Encinas Creek. Offered at $9,000,000, this is a compelling opportunity for developers seeking a premium infill location in one of North County San Diego’s most desirable coastal cities.
Property Facts
| Price | $9,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 43.58 AC |
| Property Type | Land | ||
| Zoning | P-C, (R-1-0.5-Q/OS) | ||
| Price | $9,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 43.58 AC |
| Zoning | P-C, (R-1-0.5-Q/OS) |
1 Lot Available
Lot
| Price | $9,000,000 | Lot Size | 43.58 AC |
| Price Per AC | $206,516.75 |
| Price | $9,000,000 |
| Price Per AC | $206,516.75 |
| Lot Size | 43.58 AC |
Description
The previously proposed project, commonly known as Rancho Milagro, consisted of plans to develop the 43.58-acre parcel with 19 single-family residential lots, four open space conservation lots and two homeowner’s association maintained open space lots. The TM recently expired. Rancho Milagro is part of the Sunny Creek Specific Plan which includes the 104 half-acre Cantarini Ranch project, the 300+ Senior Village, Dos Colinas, 43-lot Holly Springs and the Encinas Creek 127 affordable units.
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 209-060-61 | Improvements Assessment | $0 |
| Land Assessment | $6,100,000 | Total Assessment | $6,100,000 |
Property Taxes
Parcel Number
209-060-61
Land Assessment
$6,100,000
Improvements Assessment
$0
Total Assessment
$6,100,000
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Sunny Creek Rd - Sunny Creek Rd
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