$450,000
Unlock a rare opportunity to develop four by-right residential care homes in the heart of Escondido. This 0.58-acre infill parcel (APN 226-130-52-00) is located on a quiet cul-de-sac in the desirable Country Club area and is zoned RS (Residential Single) with a General Plan designation of VR-7.3, allowing up to 7.3 dwelling units per acre. The site supports subdivision into four legal single-family residential lots, each exceeding the 6,000 SF minimum required under current zoning—no variances or zone changes needed. Under California Health & Safety Code §1566.3, each new residence may be operated as a licensed 6-bed Residential Care Facility for the Elderly (RCFE) and is treated the same as any single-family home under local zoning. This eliminates the need for conditional or minor use permits, neighborhood approvals, or discretionary planning reviews. It’s a by-right path to creating high-demand residential care homes with long-term lease value. This offering is ideal for developers, healthcare investors, or operators looking to build and lease four small-scale assisted living homes. Whether you build and lease to RCFE operators or sell finished homes to end-users in the care industry, the upside is clear. Lease comps for 6-bed RCFEs range from $7,000–$12,000/month, depending on amenities, location, and licensing status. With the area’s strong senior demographics and limited supply of quality residential care homes, demand remains high. The parcel is gently sloped and highly buildable, with water and sewer available at the street via Vallecitos Water District. Its infill location offers convenience without congestion—near Twin Oaks Golf Course, Palomar Medical Center, I-15, and North County shopping centers. This is not a rural hillside gamble. It’s a practical, high-potential site in a residential neighborhood where RCFE use blends seamlessly with the surrounding community. Alternatively, the parcel can be developed as four traditional single-family homes for sale or rent. Whether you're pursuing care-focused real estate or a boutique housing project, this site gives you flexibility, zoning certainty, and meaningful exit strategies. SB 684 may offer additional entitlement streamlining for subdivisions of fewer than 10 lots in infill locations—buyers are encouraged to confirm with the City of Escondido Planning Department. Don’t miss this opportunity to establish a high-performing, service-driven asset in one of North San Diego County’s most stable and scalable residential markets. Build a legacy, lease for passive income, or sell with confidence—this site is ready for transformation. Contact Listing Broker for development notes, RCFE lease comps, and planning guidance.
NDP2503754
MLS
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Active
Status
Leaf Lane, Escondido