3309 San Rey, Bonsall, CA 92003
Local realty services provided by:ERA North Orange County Real Estate
3309 San Rey,Bonsall, CA 92003
$7,995,000
- 0 Acres
- Lots / Land
- Active
Listed by:thomas stewart
Office:real broker
MLS#:NDP2509253
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,995,000
About this home
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
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Home facts
- Listing ID #:NDP2509253
- Added:181 day(s) ago
- Updated:October 02, 2025 at 02:26 PM
Finances and disclosures
- Price:$7,995,000
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