3309 San Rey, Bonsall, CA 92003

Property 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 restorationresolving prior ownerships 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 Prec

Listing Status:

Active

Listing Office:

Real Broker : 619-248-6434

Listing Agent:

Thomas Stewart : 760-492-8736

MLS ID:

NDP2509253

Location

• HOA Amenities: 0.0
• Originating MLS: CRP
• County: San Diego

Lot

• Zoning: 1253010100

Financial

• Source: CRP

This listing courtesy of Thomas Stewart, Real Broker