EDGEHILL RANCH APPROVED 15 LOT TENTATIVE MAP W. 15TH AVENUE - ESCONDIDO, CA

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1 13,233 SF Average Lot Size 6.88 Acres Area of k Homes Sale Price: $995,000 - Submit all Offers W 9th Ave Redwood St Centre City Pkwy Tulip St Grace Christian School W 11th Ave Felicita Elementary School W 13th Ave Subject Property W 15th Ave Montview Glen

2 PAGE CONTENT 3 LOCATION MAP 4 PHOTOS 5 PROPERTY INFORMATION 6 TENTATIVE MAP 7 COMPARABLE HOME SALES 8 AERIALS 10 IMPROVEMENT COSTS/FEES 12 PLAT MAP No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice. 2

3 LOCATION MAP CAMP PENDLETON FALLBROOK PALOMAR MOUNTAIN VISTA OCEANSIDE CARLSBAD SAN MARCOS ESCONDIDO PALOMAR AIRPORT CAL STATE SAN MARCOS SUBJECT PROPERTY ENCINITAS W 9th AVE SOLANA BEACH CENTRE CITY PKWY ESCONDIDO BLVD N DEL MAR Distance/Drive Time Temecula Miles/32 Minutes San Diego Miles/34 Minutes Pacific Ocean Miles/24 Minutes POWAY TULIP ST SUBJECT PROPERTY W 15th AVE W FELICITA AVE MONTVIEW DR 3

4 SITE PHOTOS Subject Property - Looking Northeast Subject Property - Looking North Pinecrest Ave - Residence 4

5 Project Name: Edgehill Ranch PROPERTY INFORMATION Location: Jurisdiction: City of Escondido APN # s: The property is located at the end of W. 15th Avenue in the City of Escondido, CA. Within a desirable neighborhood of Escondido, this site is proximate to local schools and parks. Additionally, this site retains convenient access to Interstate 15 for both Riverside and San Diego County commuters. Acreage: Zoning: General Plan: Min. Lot Size: Avg. Lot Size: Topography: Project Status: Improvement Costs: Impact Fees: School District: 6.88 Acres R-1-10 & R-1-12 Suburban (3.3 DU/AC) 10,000 & 12,000 SF 13,233 SF Flat/Gently Rolling The subject property has an approved Tentative Tract Map (Tentative Tract No. 954). The map was approved in April 2007 for 15 single family detached lots averaging approximately 13,233 square feet. Floor Plans, architectural renderings, and elevations have been completed and are available for review. $113,963 per lot $45,675 per lot Escondido Union School District/Escondido Union High Felicita Elementary School API: 691 Del Dios Middle School 748 API Escondido High School 739 API Services: Water/Sewer City of Escondido Gas/Electric SDG&E Fire Escondido Fire Dept. Police Escondido Police Dept. Nearby Amenities: ZONING CODE CONDITIONS OF APPROVAL PLOTTED EASEMENT San Diego Zoo Safari Park, Historic Downtown District, California Center for the Arts (Escondido), Stone Brewing World Bistro & Gardens, Escondido Promenade, and Palomar Medical Center. DOCUMENT LINKS 5

6 TENTATIVE MAP 6

7 COMPARABLE HOME SALES NEW HOME COMPARABLES Project Builder City Masterplan Open Date Type Lot Size Min. Unit Size sq ft Max. Unit Size sq ft Min. Price Max. Price Units Planned Units Sold Units Remaining Andalucia CalAtlantic Homes Escondido Harmony Grove Village 5/30/2015 Detached $743,900 $806, Canteridge CalAtlantic Homes Escondido Harmony Grove Village 5/30/2015 Detached $571,900 $666, Estancia at Cielo Taylor Morrison Escondido Cielo 2/7/2015 Detached $1,180,990 $1,476, Lusitano CalAtlantic Homes Escondido Harmony Grove Village 5/30/2015 Detached $541,900 $592, Pradera Lennar Escondido - 1/30/2016 Detached $699,500 $770, Seabreeze CalAtlantic Homes Escondido Harmony Grove Village 5/30/2015 Detached $693,900 $758,

8 AERIALS W 13th Ave Calvin Ln ACRES ACRES W 15th Ave Russell Pl ACRES Montview Glen 8

9 AERIALS Mission Middle School Palomar Medical Center Grape Day Park Escondido City Hall Palomar Health Downtown Campus Auto Park Way Grand Ave Central Elementary School Stone Brewing Co. Westside Park Harmony Grove Master Plan W Valley Pkwy Del Dios Academy Subject Property W 9th Ave Grace Christian School Felicita Elementary School W 15th Ave Juniper Elementary School Del Lago Academy 9

10 IMPROVEMENT COSTS Staking Grading Erosion Control Storm Drain Sewer Water Concrete Improvements Street Paving & Striping Retaining & Site Walls Dry Utilities Common Landscaping Contingency 5% Estimated Improvement Costs Per Average 13,233 SF Lot Item TOTAL PER SFD Amount $3,220 $13,196 $5,450 $9,519 $6,409 $7,983 $7,768 $25,044 $18,048 $5,232 $6,667 $5,427 $113,963 10

11 DEVELOPMENT IMPACT FEES Estimated Development Impact Fees Per Approximate 2,600 SF Single Family Residence Item School Fees ($3.60/SF) Traffic Fee - Local ** Public Facilities Fee ** Park Fees ** Drainage Facilities Fee ** Art in Public Places Fee ** Citywide Facilities Reimbursement Fee ** Microfilming Fee (Estimate) Water Connection Fees (1" Meters) San Diego County Water Capacity Charge * Wastewater Connection Fee ** Traffic Fee - Regional SIMP Fee Green Building Fee TOTAL PER SFD Amount $9,360 $850 $4,533 $4,129 $1,071 $443 $58 $25 $7,930 $7,490 $7,500 $2,254 $23 $9 $45,675 * Not due until Water Meter is requested ** Qualify for City of Escondido Fee Deferral Application 11

12 PLAT MAP 12

13 PLAT MAP Limitation of Liability for Informational Report 13

14 For More Information, Please Contact: CA Lic# CA Lic#