RESIDENTIAL DEVELOPMENT OPPORTUNITY POTENTIAL 3+ LOTS 15.52 ACRES Near California State University San Marcos Zoned - Heart of the City Specific Plan (VLD - Residential).125 to 1.0 DUs/Acre Dependent on Slope Area of $800,000 - $900,000 Homes Sale Price: $699,000 r am D rh E. Ba California State University - San Marcos Kaiser Permanente Craven Rd r S. Twin Oa ks Valley R d Coronado Hills D Coco s Dr Washingtonia Dr
PAGE CONTENT 3 AERIALS California State University - San Marcos 5 PHOTOS 7 LOCATION MAP 8 INFO 9 DEVELOPMENT IMPACT FEES 10 PLAT MAP 11 COMPARABLE HOME SALES Cocos Drive 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
AERIALS Kaiser Permanente E. Barham Dr California State University - San Marcos Craven Rd S. Twin Oaks Valley Rd Cocos Dr 3
RESIDENTIAL DEVELOPMENT OPPORTUNITY POTENTIAL 3+ LOTS 15.52 ACRES AERIALS s co Co Cl us te r Av e ive Dr Blo om fie ld Av e 4
PHOTOS 5
PHOTOS 6
LOCATION MAP CAMP PENDLETON VISTA FALLBROOK PALOMAR MOUNTAIN OCEANSIDE CARLSBAD PALOMAR AIRPORT SAN MARCOS CAL STATE SAN MARCOS ESCONDIDO N ENCINITAS SOLANA BEACH DEL MAR POWAY 78 E. BARHAM DR SAN DIEGO COUTNRY ESTATES California State Kaiser University Permanente San Marcos CRAVEN RD S. TWIN OAKS VALLEY RD LA MOREE RD CORONADO HILLS DR COCOS DR WASHINGTONIA DR 7
PROJECT INFO LOCATION: JURISDICTION: The subject property is located at the northern end of Cocos Drive near California State University San Marcos. This property provides an opportunity for builders and developers to capture the thriving demand for upscale, view homes near the expanding University. This site offers 3600 panoramic views of the Pacific Ocean, mountains, University, and surrounding cities. Approximately 1-1/4 mile from CA Hwy-78 and approximately 3 miles from I-15, this site will provide commuters with convenient access throughout San Diego, Orange and Riverside Counties. Adjacent to the highly desirable North City area, the subject property retains proximity to quality rated schools, local parks, pristine beaches, California State University San Marcos, and Palomar College. City of San Marcos S. Twin Oaks Valley Rd California State University - San Marcos APN: 222-320-02 ACREAGE: 15.52 Acres IMPACT FEES: Approximately $49,386 per unit ZONING: GENERAL PLAN: TOPOGRAPHY: DENSITY: ACCESS: Heart of the City Specific Plan - SFD (.125-1 DU/Acre) Click here to view Heart of the City Land Use Barham/Discovery - Very Low Density Residential (VLDR) Click here to view Residential Zoning Slope to severe slope Slope 15% or less - 1 DU/Acre 15% - 25% - 2 DUs/Acre 25% - 35% - 4 DUs/Acre 35% or more - 8 DUs/Acre Cocos Drive has gated access and a 24 foot paved road to the edge of the property. Call Listing Agent for code. SCHOOL DISTRICT: San Marcos Unified School District Discovery Elementary School - 901 API Woodland Park Middle School - 888 API Mission Hills High School - 848 API SERVICES: Water/Sewer Vallecitos Water District Gas/Electricity San Diego Gas & Electric Fire San Marcos Fire Dept Police San Diego County Sheriff s Dept SALE PRICE: $699,000 8
DEVELOPMENT IMPACT FEES Estimated Development Impact Fees Per Approximate 3,000 SF Single Family Residence on a 1/2 Acre Lot Item School Fees ($3.79/SF) Water Connection Fees (Assumes 3/4" Meter) Sewer Fees - Site will be on Septic Drainage Fee Per Acre (Drainage Basin A-3)* Amount $11,370 $11,994 $0 $9,452 Public Facilities Fee** PFF - Circulation Streets $6,747 PFF - SR-78 Interchanges $3,204 PFF - NPDES $221 PFF - Technology Improvements $44 PFF - Parks $6,251 PFF - Habitat Conservation $103 TOTAL PER SFD $49,386 * Assumes this is per acre developed ** Public Facility Fees can be potentially be deferred 9
PLAT MAP 10
COMPARABLE HOME SALES RESALE COMPARABLES Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP $/EstSF SP $/EstSF 1 150020903 SOLD DET 779 CALLE DE SOTO SAN MARCOS (92078) 3 3 6/8/2015 2,845 6 $699,000 $245.69 $695,000 $244.29 2 150024098 SOLD DET 751 Paseo Tierra SAN MARCOS (92078) 4 3 6/30/2015 33,541 2,845 28 $729,950 $256.57 $721,000 $253.43 3 150019684 SOLD DET 649 Sandy Lane SAN MARCOS (92078) 4 4 6/5/2015 37,897 3,438 22 $799,000 - $849,000 $246.95 $790,000 $229.78 4 150007282 SOLD DET 999 Canyon Heights SAN MARCOS (92078) 4 4 4/20/2015 16,077 3,389 26 $789,000 - $849,000 $250.52 $837,000 $246.98 5 150014996 SOLD DET 1172 Via Vera Cruz SAN MARCOS (92078) 5 4 5/12/2015 11,128 3,835 9 $869,000 - $899,000 $234.42 $889,000 $231.81 6 150014545 SOLD DET 980 Canyon Heights SAN MARCOS (92078) 5 4 5/13/2015 22,216 3,835 9 $929,900 $242.48 $910,000 $237.29 7 140055453 SOLD DET 1085 Vanessa Way SAN MARCOS (92078) 4 4 2/26/2015 3,303 106 $933,789 $282.71 $890,000 $269.45 Avg 4 3 24171 3355 29 $841,377 $251.33 $818,857 $244.72 Min 3 3 11128 2845 6 $699,000 $234.42 $695,000 $229.78 Max 5 4 37897 3835 106 $933,789 $282.71 $910,000 $269.45 Med 4 4 22216 3389 22 $849,000 $246.95 $837,000 $244.29 NEW HOME COMPARABLES Project Builder City Masterplan Open Date Lot Size Min. Unit Size sq ft Max. Unit Size sq ft Min. Price Max. Price Total Units Planned Total Units Sold Total Units Remaining Average Sales Rate Zip Andalucia Standard Pacific Homes Escondido Harmony Grove Village 5/30/2015 5460 3027 3701 $715,900 $815,900 130 1 129 0.75 92029 Estancia at Cielo Taylor Morrison Escondido Cielo 2/7/2015 14000 3828 5335 $1,326,320 $1,714,790 32 5 27 0.76 92029 Sanctuary at San Elijo Hills Richmond American Homes San Marcos San Elijo Hills 7/26/2014 7500 2864 4213 $818,990 $892,990 62 42 20 3.52 92078 Laurel Pointe Pulte Homes Vista 2/8/2014 7500 2582 3576 $592,990 $680,990 159 66 93 3.44 92083 11
For More Information, Please Contact: CA Lic#01323215 CA Lic#01367183 CA Lic#00296599 12