R-7 Multi-Family Development
For Sale
$2,700,000
Pending
11009 Summit Avenue, Santee, CA 92071
2.32-acre R-7 parcel with City-approved up-zoning for medium-density multi-family development.
Property SizeContact for details
Lot Size2.32 Acres
Days on Market58
Property Features for 11009 Summit Avenue
General Information
Standard status
Pending
Lot size
2.32 Acres
Property subtype
Lots/Land
Zoning
R-7
Listing Agency:
MR Agent Real Estate Inc.
(619) 820-2454
Listed By:
Pamela Macias · License #01967517
(619) 820-2454
Source:
Exitrealty
Added: Jun 26
Changed: Aug 8
Last Checked: Jul 8 at 5:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MR Agent Real Estate Inc.
Investment Insights
Based on property information with market context.
This is a 2.32-acre residential development parcel with City-approved up-zoning to R-7, part of the 6th Cycle Housing Element. The R-7 zoning allows for a range of multiple-family residential development types, including attached units at the higher end of the density range, with 7 to 14 units per gross acre. The project parameters include a maximum lot coverage of 55%, and a maximum height of 35 feet (three stories), with no minimum lot size stated in the provided information.
The property is positioned near in-demand housing communities, including Mastercraft Residential’s Walker Trails, Summit Santee’s Noble Way, Pardee Homes’ Castlerock, KB Homes’ River Village, and several townhome/condominium developments such as Presidio Cornerstone’s Laurel Heights, Pardee Homes’ Weston, City Ventures’ Caribbean Way, KB Homes’ Prospect Fields, and William Lyon Homes’ Riverview.
A neighboring parcel is also described as available for purchase to combine to 4.64 acres, with the potential to increase development scale up to 64 units under the provided assumptions for an expanded site.
The property is positioned near in-demand housing communities, including Mastercraft Residential’s Walker Trails, Summit Santee’s Noble Way, Pardee Homes’ Castlerock, KB Homes’ River Village, and several townhome/condominium developments such as Presidio Cornerstone’s Laurel Heights, Pardee Homes’ Weston, City Ventures’ Caribbean Way, KB Homes’ Prospect Fields, and William Lyon Homes’ Riverview.
A neighboring parcel is also described as available for purchase to combine to 4.64 acres, with the potential to increase development scale up to 64 units under the provided assumptions for an expanded site.
Key Highlights
- 2.32‑acre R‑7 parcel with City‑approved up‑zoning for medium‑density multi‑family development
- R‑7 zoning allows 7 to 14 units per gross acre (Medium Density Residential General Plan designation)
- City zoning details: maximum lot coverage 55%, maximum height 35 ft (three stories), and no minimum lot size
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 92071, CA
60,163
Population
21,732
Households
2.8
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
18.8 sq mi
ZIP Area
3,200
Density / Sq Mi
$105,603
Median Household Income
$57,045
Median Earnings
$2,202
Median Rent
$654,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.32-acre R-7 parcel with City-approved up-zoning for medium-density multi-family development.
Where is this residential land & home lot located?
The property is located at 11009 Summit Avenue Santee, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 2.32‑acre R‑7 parcel with City‑approved up‑zoning for medium‑density multi‑family development; R‑7 zoning allows 7 to 14 units per gross acre (Medium Density Residential General Plan designation); City zoning details: maximum lot coverage 55%, maximum height 35 ft (three stories), and no minimum lot size
