2517 El Camino Del Norte Encinitas, CA 92024
Listing Courtesy of: CRMLS / Encinitas La Costa / Kyle Murphy
$4,599,000

  2517 El Camino Del Norte Encinitas, CA 92024

Active (82 Days)

Description

Truly a unique & extraordinary property. Six legally permitted units located on 1.67 acres in Olivenhain. Over 6930 sq. ft. of living space set in a tranquil rural location. All units are single story with 2 Bedrooms & 2 Baths plus full kitchens, walk in closets and private patios. Each unit has an adjoining carport with additional storage located adjacent. Three of the units have fireplaces. All units are on sewer and are separately metered for SDG&E. Owner covers water & trash. Rental rates vary and are all below current market rate. Beautiful mature landscaping surrounds this uniquely designed mid-century modern structure providing a peaceful serene rural setting. All units have been well maintained but vary in upgrades. Possible uses for this site are endless. Property could be used for a private school, day care, residential care center or elderly care facility. There is also potential for future development. According to the City, the units can be replaced with 6 detached condos which can be sold individually. Affordable requirements can possibly be met by adding 2 ADU's to the project. Adjacent .51 acre parcel accessing off Cole Ranch Road is also available for sale. This parcel has an existing 1 water meter and a sewer lateral already installed. The site is flat and totally useable. Contact agent for a complete package.

MLS #:
NDP2207446
Lot Size
1.67 acres
Type
Multifamily
Year Built
1964
Views
Parkgreenbelt
County
San Diego County
Bathroom Details
Interior Features
  • Laundry: Seeremarks
  • Laundry: Commonarea
Lot Information
  • Item25unitsacre
Pool Information
  • None
Utility Information
  • Utilities: Water Source: Public, Electricityconnected
  • Sewer: Publicsewer
Parking
  • Paved
  • Onsite
  • Attachedcarport
Stories
  • 1
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 22, 2022
Price Changed
$4,599,000
-8%
-400,000
Jul 14, 2022
Original Price
$4,999,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22 18:27 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.