Description
This hidden property has only previously been a pocket listing and is now public for the first time in years, it will go fast! This property is beautiful and has multiple opportunities. 10.5 acre, flat-terrain, residential lot in Alpine, located in an excellent location in the heart of Alpine, close to shops, restaurants, & schools. Includes a gorgeous private olive grove consisting of 400, 100-year-old Mission olive trees from Israel. A high yielding well, septic tank and a vineyard license. It’s also right next to Wright’s Field, a 98 acre park that the county of San Diego has announced it’s developing into a community park. Want to develop? If this is not enough, there is a project development study, which has already been pre-commissioned & much of it is completed, this outlays the feasibility of parceling-out the lot to include multiple options: of 11 full 1 acre lots, 11 lots while keeping rental properties and olive grove or a larger map of 26 detached homes, each with 3,000 sqft of living space, sitting on lots of 15,000 sqft each. Presently, 90% of the entire 10.5-acre lot is open, flat land with the remaining 10% containing three small residential properties and a stable, generating over $7,000/month in rental income. The opportunities are endless. 2804 S Grade Road presents a very unique, beautiful and even potentially a very profitable buying opportunity for the savvy investor.
Similar Listings
$49,000,000
10
14
22,897 Sq ft
MLS# NDP2200181
Courtesy of: Willis Allen Real Estate
$28,000,000
10
14
22,897 Sq ft
MLS# NDP2204175
Courtesy of: Willis Allen Real Estate
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 6th July, 2022 7:03 PM (UTC)