3309 San Rey Lane
Bonsall, CA 92003
- – beds
- – baths
- – sqft
- ~27 acre lot
- – on site
Rancho Viejo – Premier Development Opportunity Cost-Efficient, and Market-Aligned Key Investment Highlights Approvals Secured – Full County scoping letter and Fire District agreements in place Phased Development – Reduced upfront costs with optimized two-phase buildout $10M+ in Cost Savings – Modular construction, grading optimizations, and road design efficiencies Strong Rental Demand – By-right ADUs/J-ADUs in a high-growth Southern California corridor Project Advantages 1. Flexible Land Use Designations - Active Use Open Space: Permits clubhouses, trails, recreation, and water features - Passive (Restorative) Use: Allows grading/development with approved landscape restoration—resolving prior ownership’s roadblocks 2. Accelerated & Deferred Costs - Emergency Road Approval: Secondary access downgraded from primary road standards, cutting $2M+ in initial costs - Phase 2 Deferrals: Fire Dept. approved delaying full emergency road buildout, accelerating Phase 1 (29 lots) 3. Optimized Site Engineering - Grading Plan: Reduced import volumes while expanding usable yard space via elevated home pads - Modular Construction: Approved for 30% faster vertical build, with modern-rustic designs and covered parking integration 4. Lower Infrastructure Costs - Santa Luz-Inspired Roads: Drought-tolerant, fire-resistant landscaping with reduced sidewalk/street expenses - Traffic Study vs. Full Road Build: $500K+ savings vs. original secondary access requirements 5. High-Demand Rental Model - ADU/J-ADU Inclusion: Projects premium rents using tri-county (Orange/San Diego/Riverside) comps - Proven Precedent: Maintenance/design benchmarks from award-winning Santa Luz/Cielo communities 6. Risk-Mitigated Execution - Geotech Complete: Keller ground-improvement plan locked - Top-Tier Team: Design/engineering leads with regional success track records --- Why Invest Now? Approvals in Hand – No entitlement delays Cost Certainty – $6M+ savings already engineered into plan SoCal Housing Shortfall – ADU-friendly project meets urgent rental demand Exit Flexibility – Build-to-sell or hold as cash-flowing rental portfolio Attachments: Pro forma, grading/road plans, modular design renderings **Next Steps:** Let’s discuss capital structure and pre-sales strategy—this asset won’t last.
Last checked:
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Last updated Apr 3, 2025
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MLS# NDP2503190 —
Location
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Directions:The property is located West of the 15 between Dulin Road and Old Highway 395
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Latitude:33.32078261
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Longitude:-117.15952594
The Property
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Property Type:Land
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Zoning:R-1
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Lot Features:Planned Unit Development
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Lot Size Area:27.0000
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Lot Size Acres:27.0000
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Lot Size SqFt:1176120.00
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Lot Size Source:Owner
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View:1
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View:Hills, Trees/Woods
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Fence:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Notice Of Default
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Parcel Number:1253010100
The Community
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Features:Ravine, Storm Drains
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Association:No
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Senior Community:No
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Assessments:No
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Distance To Water Comments:In street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/3/25
Apr 3, 2025
|
Listed / Active | CRMLS_CA | $7,995,000 |
