Property Description
.8 acres located west of the 5 freeway at the water s edge of Bataquitos Lagoon. Potential to subdivide one of the very few parcels in San Diego that can support a very large home on the water front, provide the ultimate in privacy, and offer the security of the private gated entry with no MelloRoos or HOA fees.
The propery is zoned R3 which allows for a minimum lot size of 14,500. The property has 34,161 square feet. Subject to verification, a two lot subdivision of the property appears viable. This land represents one of the very few parcels in San Diego that can support a very large home on the water front and provide the ultimate in privacy and the security of the private gated entry. The exclusive residential enclave also has no HOA and no Mello Roos fees. The flat land will accomodate a number of uses from tennis, to pools, to grand outdoor living spaces with fireplaces, spas and BBQ's. The classic existing home provides a wonderful opportunity to enjoy the property now fully. You can plan for one spectacular 'dream home' or undertake to subdivide the property for two luxury residences. The home(s) is in the company of several other $7,000,000 homes.
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