Homes for sale - 0 Borrego Springs RD, Borrego Springs, CA 92004

Borrego Springs, CA 92004,0 Borrego Springs RD

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Steve Olson

team@steveolsongroup.com +1(760) 452-9570

$ 255,000

Est. payment | -/mo

76.96 Acres Lot

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$ 255,000

Est. payment | -/mo

Save

76.96 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Borrego Springs

MLS Listing ID ND24231328

HOA Y/N No

Lot Size 76.960 Acres

Property Description

Listing agent/owner. Motivated for quick sale! Substantial negotiation available for cash transaction with COE prior to December 1, 2024. 76.96 Acres, goes street to street north to south, between Borrego Springs Road and DiGiorgio road. Great location walking distance to Christmas Tree Circle and town, directly across DiGiorgio Road from The Springs RV park and golf course, resort and Roadrunner Club mobile home park and golf course. Power lines out to abandoned well/well house which is about half way out on the property, near the north property line. Water meter on the property on Borrego Springs Road. BWD has address as 2161 Borrego Springs Road. Water line out to similar location as the well, except other (south side) of the Tamarisk Trees. Previously disturbed land was agricultural a long time ago, which helps with environmental review and environmental impact and mitigation for development. Zoned RMH4 -- Rural Manufactured Homes 4 units/ac. Consult San Diego county zoning as to a WIDE variety of potential uses ranging from recreational to commercial to residential to manufactured home park. Many more possible with minor or major use permits. Initially, water meter is only for an individual use. Fencing on North property lines are neighbors. Some fencing on most of the East (DiGiorgio Rd) side. There is an abandoned septic which was installed without benefit of permits. The east half of the property, from about the end of the row of Tamarisk trees to DiGiorgio Road is in the alluvial fan wash terminus which will impact what can be done there. Consult with San Diego County Zoning/Land Use. Most of the West half is not in that wash fan terminus. There is an option agreement in place which will transfer with sale for a 25 year lease on the property for solar production facility. 1st year term of the option agreement comes up for renewal on January 18, 2025. If renewed for a second year term, a $4,500 option fee will be then paid for a renewal of that option to the owner. In the unlikely event that the solar field comes to fruition and the lease becomes executed, there will be lease fees of approximately $100k/year for 25 years. Contingent upon purchaser assuming the existing option agreement. Upon accepted offer, the option agreement and lease will be provided to buyer. For potential water rights beyond and including the single use water meter, consult the Borrego Water District, Water Master. Seller may carry with 50% down.

Location

State CA

County San Diego

Area 92004 - Borrego Springs

Zoning RMH4

Interior

Fireplace No

Exterior

Fence Partial

Community Features Biking, Foothills, Golf, Hiking, Horse Trails, Park, Rural, Valley

Utilities Available Electricity Connected, Water Connected, Overhead Utilities

View Y/N Yes

View Desert, Golf Course, Mountain(s), Orchard, Valley

Present Use See Remarks,Unimproved

Building

Lot Description 2-5 Units/Acre, Level, Street Level

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 1411604800

Acceptable Financing Cash, Submit

Horse Feature Riding Trail

Listing Terms Cash, Submit

Special Listing Condition Trust

Listed by Earl Shaun Caldwell • Real Estate eBroker

+1(760) 452-9570

team@steveolsongroup.com

1420 Kettner Blvd. #100, San Diego, CA, 92101

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Carlsbad Real Estate

0 Borrego Springs RD Borrego Springs, CA 92004

Steve Olson

Key Details

Location

Interior

Exterior

Building

Others

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0 Borrego Springs RD