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Sold for $1,700,000 on 05/24/23
  • $1,700,000

    1735 Rancho Summit Dr, Encinitas, CA 92024

    --beds
    --baths
    9.87Acres
    Unimproved Land
    Built in ----
    9.87 Acres Lot
    $-- Zestimate®
    $--/sqft
    $5,150 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,150/mo

    Zestimate® history
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    What's special

    Back to the market after several offers. DREAM opportunity for custom-build homes! For investors or home builders. 9.9 acres residential lot with panoramic view, nice creek behind the lot. It located at Olivenhein Ranch, an luxury large house neighbourhood in Encinitas's unincorporated area of the county of San Diego. This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R residential lot, the county of SD prefers to building 2 large homes with 4 acres per house. This is a great value in this fast appreciating area. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold for $2.2 million each at aproximately 2 acres per lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (a cross the street), The community was so popular and has been completely sold out within months. Price fits for owner/user or developer. Some county documents shown the address was 1735 Rancho Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024

    Zillow last checked: 8 hours ago

    Listing updated: July 29, 2025 at 04:39pm

    Source: CRMLS,MLS#: OC24155839MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Back Bay, City Lights, Coastline, Courtyard, Canyon, Park/Greenbelt, Golf Course, Hills, Meadow, Mountain(s), Ocean, Peek-A-Boo, Rocks, River, Creek/Stream
    • Has water view: Yes
    • Water view: Back Bay,Coastline,Ocean,River,Creek/Stream
    Lot
    • Size: 9.87 Acres
    • Features: 6-10 Units/Acre, Back Yard, Corner Lot, Front Yard, Garden, Greenbelt, Street Level
    Details
    • Parcel number: 2644500800
    • Zoning: R4
    • Special conditions: Standard

    Utilities & green energy

    • Water: Other, See Remarks

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Foothills, Golf, Hiking, Hunting, Mountainous, Park, Valley
    Location
    • Region: Encinitas
    • Subdivision: Olivenhain

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,Owner Will Carry

    Price history

    DateEventPrice
    7/30/2025Listing removed$3,998,000
    Source: SDMLS #OC24155839 Report a problem
    6/23/2025Listed for sale$3,998,000+135.2%
    Source: SDMLS #OC24155839 Report a problem
    5/24/2023Sold$1,700,000+143.2%
    Source: Public Record Report a problem
    6/23/2018Listing removed$699,000
    Source: Windermere Homes & Estates #170045655 Report a problem
    2/12/2018Listed for sale$699,000
    Source: Windermere Homes & Estates #170045655 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,766 +3.5%$1,768,680 +2%
    2024$19,090 +105.2%$1,734,000 +113.6%
    2023$9,304 +1.9%$811,670 +2%

    Find assessor info on the county website

    Neighborhood: 92024

    Nearby schools

    GreatSchools rating