$485,000

Rare North Escondido infill development opportunity with newly identified small-lot subdivision potential. Located at 0 Leaf Lane (APN 226-130-52-00), this 0.58-acre / 25,000 SF parcel is zoned RS (Residential Single) with a Village Residential VR-7.3 General Plan designation in the established Country Club area of North Escondido. In addition to the property's previously identified conventional residential subdivision potential, preliminary review of San Diego County SB 1123 / SB 684 mapping indicates this parcel may qualify for the State's streamlined ministerial small-lot subdivision provisions. For qualifying vacant single-family residential properties, SB 1123 / SB 684 may provide a pathway for subdivision into up to 10 residential lots and development of up to 10 residential units, subject to statutory requirements, objective development standards and County approval. County guidelines allow newly created parcels as small as 1,200 SF for qualifying projects. This creates a potentially significant development opportunity beyond the property's original lower-density concept. A developer may evaluate configurations ranging from a conventional residential subdivision to a higher-yield small-lot project. Actual lot yield will depend upon engineering, access, fire requirements, utilities, easements, grading, drainage, site design and applicable County standards. The residential zoning may also provide an opportunity to evaluate small residential care facilities, subject to applicable California law, County requirements and State licensing. This could create additional flexi