Homes for sale - 3309 San Rey LN, Bonsall, CA 92003

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$7,995,000

Est. payment - /mo

27 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2503190

HOA Y/N No

Lot Size 27.000 Acres

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 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.

Location

State CA

County San Diego

Area 92003 - Bonsall

Zoning R-1

Interior

Fireplace No

Exterior

Community Features Ravine, Storm Drain(s)

View Y/N Yes

View Hills, Trees/Woods

Building

Lot Description Planned Unit Development

Others

Senior Community No

Tax ID 1253010100

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Notice Of Default

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2503190

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Listed by Thomas Stewart Real Broker 760-492-8736

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

3309 San Rey LN Bonsall, CA 92003