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515 Cassou Road

San Marcos, CA 92069

$1,995,000

| 4,227 sq. ft.

Status: Active Area: 92069 - San Marcos
Year Built: 1982 MLS#: NDP2504938

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!

Features

    Heating: N/A
    Cooling: N/A
    Structure Type: Other Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $472
    Parking Spaces: 8
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

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