Property Detail

Description

Submit all offers. 2060 E Vista Way is an opportunity to purchase a 1.50-acre site in Vista, CA, zoned for a base density of 15 units to the acre. The site is ideal for townhome, multifamily, or single-family residential development and after a density bonus could support 44 units. Comparable sales for townhomes in Vista average $742,000 for product newer than 2010 with an average price per square foot of $550+. Directly across Vista Way is the housing project Serra, where recent comps average $850-875k. The site is shovel ready pending the posting of bonds on the site for 21, 2-bedroom townhomes, however, there is a conceptual site plan for 32-townhomes that a buyer could utilize as well. Please contact the broker for diligence and a full offering memorandum.