POTENTIAL 11 LOT DEVELOPMENT OPPORTUNITY WITH 3 EXISTING HOMES

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1 5.56 Gross Acres 3 Existing Homes on 5 Tax Assessor Parcels of Land Max Density 2 DUs / Gross Acre Close Proximity to Downtown Fallbrook & Interstate 15 SALE PRICE: $1,349,000 Hillcrest Ln Santa Margarita Dr Knoll Park Ln Industrial Way N

2 PAGE CONTENT 3 AERIALS 7 LOCATION MAP 8 INFO 9 PHOTOS Knoll Park Ln 10 PLAT MAPS 12 COMPARABLE HOME SALES No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice. 2

3 AERIALS Hillcrest Ln Iowa St I-15 E Fallbrook St N Ammunition Rd S Stagecoach Ln 3

4 S Stage Coach Ln Live Oak Park Rd POTENTIAL 11 LOT DEVELOPMENT OPPORTUNITY WITH 3 EXISTING HOMES AERIALS Gumtree Ln E Fallbrook St Reche Rd N 4

5 AERIALS Santa Margarita Dr Knoll Park Ln Hillcrest Ln Iowa St Industrial Way N Stage Coach Ln Ball Park E Alvarado St Fallbrook Hospital N La Paloma Elementary School 5

6 AERIALS Hillcrest Terrace Hillpark Ln Knoll Park Ln Crestcourt Ln N S/W 6

7 LOCATION MAP MURRIETA TEMECULA PALOMAR MOUNTAIN FALLBROOK N CAMP PENDLETON NORTH PALA MESA De Luz Rd Hillcrest Ln Knoll Park Ln Meadows Pkwy Gumtree Ln E Fallbrook St Stage Coach Ln Reche Rd Live Oak Park Rd 7

8 PROJECT INFO FEATURES LOCATION: Jurisdiction: 737, 769 & 777 Knoll Park Lane are located just northeast of the corner of E. Mission Road and Knoll Park Lane in Fallbrook, California. The property is a short commute to Downtown Fallbrook and lies within close proximity of Interstate 15 to the east. County of San Diego APN s: Gross Acreage: Zoning: General Plan: Max Density: Topography: Building Size: Existing Improvements: Existing Grove: Project Status: 5.56 Gross Acres RR (Rural Residential) VR-2 (Village Residential) 2 Units/Gross Acre Flat 3 Single Family Residential Homes totaling 1,095, 1,897 and 2,021 square feet, respectively. Tenant in 737 Knoll Park Lane is currently on a month-tomonth lease. Site has a working avocado grove with an active well for water. The property was previously approved for 3 existing homes, but currently has no entitlements for the potential 11 lot subdivision. School District: Fallbrook Union Elementary & High School Districts Fallbrook Street ES API: 803 James Potter Intermediate API: 813 Fallbrook HS API: 751 Services: Water/Sewer Fallbrook Public Utility District Gas/Electricity SDG&E Fire North County Fire Protection District Police San Diego County Sheriff s Dept. PRICE: $1,349,000 CLICK TO VIEW DOCUMENT LINKS SD COUNTY GENERAL PLAN LAND USE ELEMENT SD COUNTY ZONING CODE 8

9 PHOTOS 737 Knoll Park Lane 769 Knoll Park Lane 777 Knoll Park Lane 777 Knoll Park Lane 9

10 PLAT MAP 10

11 PLAT MAP 11

12 POTENTIAL POTENTIAL 11 LOT DEVELOPMENT 4 UNIT DEVELOPMENT OPPORTUNITY OPPORTUNITY WITH 3 EXISTING.10 ACRES HOMES 737, & S. 777 MYERS KNOLL STREET PARK - OCEANSIDE, LANE - FALLBROOK, CA CA COMPARABLE HOME SALES RESALE COMPARABLES BUILT SINCE 2014 CMA Summary Report RESIDENTIAL Summary Statistics High Low Average Median LP:$1,099,000 $554,900 $797,594 $845,000 SP:$965,000 $550,000 $779,116 $845,000 RESIDENTIAL - Sold Number of Properties: 9 Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP PrcSqft SP PrcSqft 1 LG SOLD DET Sandia Creek Drive FALLBROOK (92028) 3 2 8/29/ ,820 2, $554,900 $ $550,000 $ SOLD DET 2219 Brooke Rd FALLBROOK (92028) 3 3 5/16/2017 2, $579,900 - $589,900 $ $583,500 $ SOLD DET 2223 Brooke Rd FALLBROOK (92028) 3 3 5/16/2017 2,154 5 $579,900 - $589,900 $ $589,900 $ SOLD DET 5218 Circa De Loma FALLBROOK (92028) 4 4 8/10/2017 2, $799,000 - $815,000 $ $807,900 $ SOLD DET 5237 Circa De Loma FALLBROOK (92028) 4 3 5/26/2017 2, $845,000 $ $845,000 $ SOLD DET 315 Futurity Lane FALLBROOK (92028) 3 3 5/19/ ,560 2, $866,000 $ $852,000 $ SOLD DET 4046 Calle Canonero FALLBROOK (92028) 3 3 6/8/ ,771 3, $868,747 $ $873,747 $ SOLD DET 2805 Dos Lomas FALLBROOK (92028) 4 3 4/28/ ,146 3, $949,900 $ $945,000 $ SOLD DET 3363 Olive Hill Rd FALLBROOK (92028) 4 4 8/11/ ,876 3, $999,000 - $1,099,000 $ $965,000 $ Avg $797,594 $ $779,116 $ Min $554,900 $ $550,000 $ Max $1,099,000 $ $965,000 $ Med $845,000 $ $845,000 $

13 For More Information, Please Contact: CalBRE Lic# CalBRE Lic#