Townhome Project in Vista, CA

Description:

Rare opportunity to develop 15 units by right on 1.05 acres of previously developed land in one of North County’s most diverse and growing submarkets. Ideally positioned just 7 miles from the coast, minutes from the Sprinter Rail transit and major employment corridors, the site offers strong appeal for residential development in a high demand market.

This transit-oriented site provides immediate access to the 78 Freeway, area retail and commercial services, while maintaining the privacy and tranquility of a quiet suburban neighborhood. The area features parks, golf courses, equestrian facilities, and botanical gardens with family-friendly amenities and strong recreation attracting long-term residents.

Take advantage of SB 684, streamlining approvals for select small-lot subdivision developments, or pursue ministerial approval for the 15-unit project significantly reducing the development timeline. Seller has submitted an application for the 15 unit project with the County of San Diego, and all plans and reports are available for review.

The two parcel property includes an existing single-family home (3BR/2BA) currently renting for $2,700/month, providing immediate income throughout the planning and approval process. All utilities are available on-site. With planning in process and an income-generating asset in place, don’t miss an ideal opportunity to secure a well-positioned property with minimized
approval risk.


Vista is a diverse submarket in northern San Diego County, about 7 miles inland from the Pacific Ocean and 35 miles north of downtown San Diego. It is located in North County San Diego, bordered by Oceanside, Carlsbad, and San Marcos, with convenient access to all via Highway 78 (the “SR-78 Corridor”).

Known for its mild Mediterranean climate, rolling hills, and a blend of suburban and semi-rural neighborhoods, Vista offers a mix of residential areas, light industrial parks, and retail centers, along with strong community amenities. It maintains a balance of family-oriented suburban living and economic activity, with both large employers and small businesses present.

Vista has a diverse local economy, with concentrations in manufacturing, biotech, craft brewing, and specialty food production. It is home to over 20 craft breweries, giving it a reputation as one of San Diego County’s most active beer hubs. With a population of about 100,000 residents (2023 estimates), the median household income is roughly $82,000, which is higher than the U.S. average.

The area is comprised of single-family neighborhoods, apartments and townhomes, and has a strong demand for rental housing due to proximity to job centers, schools, and coastal communities. It is served by Vista Unified School District plus nearby colleges like California State University San Marcos and Mira Costa College.



BACK ON THE MARKET WITH IMPROVED PRICING!
Proposed Townhome Site in Vista, CA;  15 units allowable with ministerial approval ....call Broker for access to plans and reports.
VR-15 Zoning (County of San Diego) with sewer service available through the City of Vista.
Transit-oriented site less than 1 mile from the Sprinter Rail Line, connecting Oceanside to Escondido
Growth market with strong residential demand and only 7 miles from the Pacific Ocean.
Close proximity to downtown Vista, area retail and commercial services as well as direct access to SR-78 Freeway.
Recognized as one of San Diego’s strongest craft beer hubs!

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