
Property listed by Mylene Merlo, Broker, Mylene Merlo
Property Description
Unique Investment Opportunity in Twin Oaks Valley – only 10 miles inland. 4 contiguous parcels with 2 detached houses and 800 sf shed on 8.67 acres, including private road. Two houses: 515B, and 515A – appraised in October 2023 for a combined value of $2.2M! Appraisal did NOT include the 2 additional parcels. APNs 182-280-13, -14, -15, and 182-240-25. R-2 zoning. Unincorporated San Marcos – San Diego County jurisdiction. 515B was built in 1982, and currently has 4 bedrooms, 3 baths, plus a studio, with an attached 2 car garage. 515A was built in 1947, and currently has 4 bedrooms and 2 baths. Both houses and the shed have separate electric meters, and there is one 2 inch water meter at the shed. This is an opportunity for a builder to create a compound, or develop multiple properties. County zoning allows for ADU and detached workshops. Fantastic location: easy freeway access, both the 78 and 15 are less than 10 minutes away. Only 4 miles to Cal State San Marcos and Palomar College. Rare chance to build in Twin Oaks Valley!
Open House
Property Details and Features
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Bathrooms
- 1 main level bathroom
- 3 full bathrooms
- 3 total bathrooms
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Bedrooms
- 1 main level bedroom
- 4 total bedrooms
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Building
- Built in 1982
- Levels: Two
- Living area: 2368
- 2 stories
- Common walls: NoCommonWalls
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Community
- Foothills
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Cooling
- WallWindowUnits
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Fireplaces
- None
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Garage
- 2 spaces
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Laundry
- InGarage
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Listing
- ListingID: NDP2504770
- Standard status: Active
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Lot
- 8.67 acres
- 377,665 square feet
- Size: 9
- Agricultural
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Parking
- 2 totals parking
- Driveway
- Garage
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Pool
- None
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Property
- Zoning: R-1:SINGLE FAM-RES
- Hills