Price: $1,995,000
Beds: 4
Baths: 3
Living Area SqFt: 2,368
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 8.67
Lot Size SqFt: 377,665
Year Built: 1982
Days on Website: 5

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!

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Property Details and Features

  • Bathrooms
  • 1 main level bathroom
  • 3 full bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 1 main level bedroom
  • 4 total bedrooms
  • Building
  • Built in 1982
  • Levels: Two
  • Living area: 2368
  • 2 stories
  • Common walls: NoCommonWalls
  • Community
  • Foothills
  • Cooling
  • WallWindowUnits
  • Fireplaces
  • None
  • Garage
  • 2 spaces
  • Laundry
  • InGarage
  • Listing
  • ListingID: NDP2504770
  • Standard status: Active
  • Lot
  • 8.67 acres
  • 377,665 square feet
  • Size: 9
  • Agricultural
  • Parking
  • 2 totals parking
  • Driveway
  • Garage
  • Pool
  • None
  • Property
  • Zoning: R-1:SINGLE FAM-RES
  • Hills

Property Map

$1,995,000 – 515 Cassou Road, San Marcos, CA 92069

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