$ 8,800,000

One of the last remaining large residential development sites in Encinitas. THIS IS THE "GEM". Amazing Ocean and Back Country views from this 10.1 Gross acres lot. This property has one of the highest elevations in Encinitas. Current zoning is R1, however it is possible using density bonus to get 15 lots (14 market rate and 1 affordable unit) OR 17 lots, (15 market rate & 2 affordable units). Existing frontage already has curb and sidewalk installed. Water and sewer are located in close proximity. Site is in the Olivenhain Water District and the Leucadia Waste Water District. Closest sewer manhole is right at the southwest corner of the site. This is truly an exceptional site offering outstanding views to both the east and west. Located near Encinitas Ranch Golf Course, La Costa Resort & Spa, great restaurants and shopping plus there is easy access to I-5.