10939 Summit Avenue

Santee CA 92071

4.65 ac.

Land

Last sold for $3,800,000

Pamela Macias, last sold this property on 12 May 2025 after 731 days on market.

Overview

4.65 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Parcel was recently approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size. NEW CONSTRUCTION COMMUNITIES IN DEMAND! Property is located in close proximity to in demand housing development communities such as Mastercraft Residential's Walker Trails, Summit Santee's Noble Way, Pardee Homes' Castlerock, Kb Homes' River Village and townhome/condominium development communities such as Presidio Cornerstone's Laurel Heights, Pardee Homes' Weston, City Ventures' Caribbean Way, Kb Homes' Prospect Fields, and William Lyon Homes' Riverview, just to name a few. Recent New Construction Community Home sales boast a closing range between $905,500 and $1,300,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $738,000 and $964,000.00

Features

4.65 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Santee over the last 12 months, the estimated median property value of 10939 Summit Avenue is $230k.

Median value

$230k

Estimated value range

$145k - $3.8m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Santee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.