Presenting an approved and fully vested townhome development opportunity in the rapidly growing city of Vista, California. Spanning 1.72 acres, this property has secured entitlements for 15 two-story homes, aligning with the city's Medium Density Residential (MDR) designation. The development plan includes spacious 2,300-square-foot homes, each featuring attached two-car garages, dedicated driveways, and private backyards.
The site is strategically positioned near major transit routes, including easy access to State Route 78, and just minutes from Interstate 5 and coastal communities such as Carlsbad and Oceanside. Residents will appreciate proximity to Guajome Regional Park, Vista Sports Park, and major retail hubs, with a strong employment base and household income levels in the surrounding area.
This investment comes with completed reports—Phase 1 ESA, geotechnical and cultural studies, seismic engineering, and hard cost estimates—mitigating risk and reducing time to construction. New townhome resale values in the immediate area range from $845,000 to $925,000, providing compelling revenue potential for builders and investors. Priced at $2,285,000, this is a rare shovel-ready opportunity in a high-demand corridor of North San Diego County.