3309 San Rey Lane

Bonsall, CA 92003

  • 0 Sqft
  • 1176120
    Sqft(Lot)
$7,995,000

Description

Rancho viejo – premier development opportunity cost-efficient, and market-aligned key investment highlights approvals secured – full county scoping letter and fire district agreements in place phased development – reduced upfront costs with optimized two-phase buildout $10m+ in cost savings – modular construction, grading optimizations, and road design efficiencies strong rental demand – by-right adus/j-adus in a high-growth southern california corridor project advantages 1. flexible land use designations - active use open space: permits clubhouses, trails, recreation, and water features - passive (restorative) use: allows grading/development with approved landscape restoration—resolving prior ownership’s roadblocks 2. accelerated & deferred costs - emergency road approval: secondary access downgraded from primary road standards, cutting $2m+ in initial costs - phase 2 deferrals: fire dept. approved delaying full emergency road buildout, accelerating phase 1 (29 lots) 3. optimized site engineering - grading plan: reduced import volumes while expanding usable yard space via elevated home pads - modular construction: approved for 30% faster vertical build, with modern-rustic designs and covered parking integration 4. lower infrastructure costs - santa luz-inspired roads: drought-tolerant, fire-resistant landscaping with reduced sidewalk/street expenses - traffic study vs. full road build: $500k+ savings vs. original secondary access requirements 5. high-demand rental model - adu/j-adu inclusion: projects premium rents using tri-county (orange/san diego/riverside) comps - proven precedent: maintenance/design benchmarks from award-winning santa luz/cielo communities 6. risk-mitigated execution - geotech complete: keller ground-improvement plan locked - top-tier team: design/engineering leads with regional success track records --- why invest now? approvals in hand – no entitlement delays cost certainty – $6m+ savings already engineered into plan socal housing shortfall – adu-friendly project meets urgent rental demand exit flexibility – build-to-sell or hold as cash-flowing rental portfolio attachments: pro forma, grading/road plans, modular design renderings **next steps:** let’s discuss capital structure and pre-sales strategy—this asset won’t last.

  • Property Type

    Land
  • County

    San Diego
  • Style

    Land
  • AD ID

    49221725

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BuyOwner last updated this listing 04/26/2025 @ 02:47

  • MLS: NDP2503190
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 1,176,120 sized lot, and 0 parking. are nearby neighborhoods.