7.42 Gross Acres 60 Wide Min. - Avg Lot Size 8,818 SF Area Home Prices $800,000+ Final Map & Final Engineering Nearing Completion Buyer can Choose their Own Plans & Architecture SUBMIT ALL OFFERS BY FRIDAY, DECEMBER, 1, 2017 Sycamore Ave Shadowridge Golf Club S Melrose Dr New Sandag Bicycle Trail Hannalei Elementary School Hannalei Dr Vista National Little League SUBJECT PROPERTY Mar Vista Dr S Santa Fe Ave Phillips St N
PAGE CONTENT 3 AERIALS 6 PROPERTY PHOTOS 8 LOCATION MAP 9 PROPERTY INFO 10 SITE PLAN/TENTATIVE MAP 11 LANSCAPE PLAN 12 DOCUMENT LINKS 13 COST SUMMARY 14 PLAT MAP 15 SALES COMPARABLES SUBJECT PROPERTY S SANTA FE AVE New Sandag Bicycle Trail 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
AERIALS Hannalei Elementary School Hannalei Dr New Sandag Bicycle Trail Stonebrooke Church Vista National Little League SUBJECT PROPERTY Phillips St SANTA FE AVE N 3
PHILLIPS SANTA FE - 23 SINGLE FAMILY LOTS - NEAR FINAL MAP Vista Magnet Middle School AERIALS Beaumont Elementary School r r Ma D ta Vis Phi llip s St S San ta F ea ve SUBJECT PROPERTY do a oc v A Han Dr nale ay W n so at W i Dr Stonebrooke Church Vista National Little League Hannalei Elementary School New Sandag Bicycle Trail N 4
PHILLIPS SANTA FE - 23 SINGLE FAMILY LOTS - NEAR FINAL MAP AERIALS r Dr ente C Civic New Sandag Bicycle Trail Mo nte V ista t lei Fe Ave nna Dr Way Watson S Santa ips S Ha o Dr ad Avoc Phill a Dr Mar Vist SUBJECT PROPERTY Dr Montgomery Dr Stonebrooke Church Wo Vista National Little League r dd an odl N Hannalei Elementary School 5
PROPERTY PHOTOS 6
PROPERTY PHOTOS 7
LOCATION MAP CAMP PENDLETON VISTA FALLBROOK PALOMAR MOUNTAIN OCEANSIDE SUBJECT PROPERTY CARLSBAD SAN MARCOS ENCINITAS PALOMAR AIRPORT CAL STATE SAN MARCOS ESCONDIDO Mar Vista Dr SUBJECT PROPERTY SOLANA BEACH Hannalei Dr S Santa Fe N DEL MAR POWAY Shadowridge Dr Sycamore Ave 8
PROPERTY INFO Location: Jurisdiction: Located at 157 1/2 Hannalei Drive in Vista, California, the property features expansive views while maintaining immediate proximity to high end commercial and retail developments that include: upscale grocery, restaurants, and shopping. Approximately 1 mile south of Highway 78, this site will provide commuters with quick, convenient access and a short drive to all of San Diego, Orange & Riverside Counties. City of Vista (upon annexation) APN #: 183-060-78-00 Acreage: Existing Improvements: Topography: Zoning: General Plan: Proposed Density: Lot Sizes: Project Status: 7.42 Acres Gross One 2,144 SF Single Family Home Flat to Rolling R-1-B (Single Family Residential) MD (Medium Density Residential) 3.1 Dwelling Units/Acre 6,025 SF - 18,251 SF The subject property has a fully approved 23 lot Tentative Map, Mitigated Negative Declaration and LAFCO Annexation that were adopted unanimously by the City of Vista on January 12, 2016. Several Studies were completed including: a Geotechnical Report and Phase I & II Environmental Assessments. Final engineering and final map are nearing completion. Improvement Costs: Impact Fees: Soft Costs: School District: Approximately $107,500 per lot Approximately $45,981 per lot Approximately $4,715 per lot Vista Unified School District Hannalei Elementary School - 781 API Rancho Minerva Middle School - 726 API Rancho Buena Vista High School - 777 API Services: Water Vista Irrigation District Sewer City of Vista Gas/Electricity SDG&E Fire Vista Fire Dept. Police Vista Sheriff s Dept. Price: Submit all offers by Friday, December 1, 2017 9
10
11
CLICK TO VIEW DOCUMENT LINKS DOCUMENT LINKS MITIGATED NEGATIVE DECLARATION ANNEXATION RESOLUTION TENTATIVE MAP APPROVAL & CONDITIONS TENTATIVE MAP FINAL MAP LAFCO LANDSCAPE PLANS IMPROVEMENT PLANS GRADING PLANS PHASE I PHASE II PRELIMINARY GEOTECHNICAL EVALUATION SOILS UPDATE COST SUMMARY FOR IMPROVEMENTS & FEES 12
CLICK HERE FOR FULL COST & FEES BREAKDOWN COST SUMMARY Seller to provide construction bids prior to offer due date 13
PLAT MAP 14
SALES COMPARABLES NEW HOME SALES COMPARABLES Product Typical Unit Unit Size Total Units Total Units Total Sales Sales Rate (Last 3 Zip Project Name Builder Name City Master Plan Open Date Type Lot Size Size Min Max MinPrice MaxPrice Min $/SF Max $/SF Planned Sold Remaining Rate Months) Code Andalucia CalAtlantic Homes Escondido Harmony Grove 5/30/2015 Detached 5460 2980 3640 $ 651,900 $ 712,900 $ 195.85 $ 218.76 129 35 94 1.5 3 92029 Lexington KB Home Escondido - 8/6/2016 Detached 10000 2473 3192 $ 696,210 $ 714,040 $ 223.70 $ 281.52 47 11 36 1.2 0.3 92026 Pradera Lennar Escondido - 1/30/2016 Detached 10200 2406 3606 $ 710,000 $ 770,000 $ 213.53 $ 295.10 70 48 22 3.1 2.3 92026 Estates at Canyon Grove Shea Homes Escondido - 12/10/2016 Detached 15000 2894 4115 $ 730,430 $ 781,840 $ 190.00 $ 252.39 82 16 66 3.2 1.3 92026 Heritage Collection at Canyon Grov Shea Homes Escondido - 11/12/2016 Detached 10000 2325 3402 $ 637,000 $ 693,000 $ 203.70 $ 273.98 178 34 144 5.8 8.7 92026 Summerset Estates Emerald Homes Oceanside - 5/6/2017 Detached 6000 2487 3307 $ 743,755 $ 860,745 $ 260.28 $ 299.06 22 5 17 - - 92054 Montessa CalAtlantic Homes San Marcos - 5/13/2017 Detached 7500 3017 3449 $ 739,900 $ 761,900 $ 220.90 $ 245.24 19 2 17 - - 92069 Hayden Ranch Hallmark Communities Vista - 9/6/2016 Detached 14986 2015 3713 $ 629,900 $ 824,900 $ 222.17 $ 312.61 Sold Out 1 1.3 92084 Quintessa Meritage Homes Vista - 7/16/2016 Detached 22000 3304 4013 $ 805,990 $ 855,990 $ 213.30 $ 243.94 Sold Out 4.2 2.3 92084 Laurel Pointe Pulte Homes Vista - 2/8/2014 Detached 6000 2882 3576 $ 659,990 $ 684,990 $ 191.55 $ 229.00 Sold Out 3.8 5.3 92083 The most comparable new home community is Presidio by Lennar in Vista. There are 31, 10,000 SF lots. House range from 3,061-3,606 SF and are being offered for $757,490 - $829,900 or $230 - $248 PSF. Click Here to View Project Website 15
For More Information, Please Contact: CA Lic#01367183 CA Lic#01323215 16