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Sage Canyon DrEncinitas, CA 92024
Sage Canyon
Asset ClassLand, Multifamily
Land5.26 Acres
Exceptionally Rare Development Opportunity in One of Southern California’s Most Sought-After Communities: Encinitas.
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Overview

Sage Canyon is a 5.26-acre property offering the potential to build 80 - 100+ for-sale townhomes or 120 multifamily units.

 

Situated less than two miles from the stunning beaches of Encinitas, including the iconic Moonlight Beach, and the Encinitas Coaster Station with direct connections along the California coastline, the property boasts an unparalleled location.

 

Encinitas has rapidly become one of the most desirable cities in the United States, known for its vibrant lifestyle, trendy restaurants, boutique coffee shops, bustling hotels, local breweries, and thriving start-up culture, exemplified by brands like Vuori.

 

Development opportunities of this scale and proximity to the coast are exceptionally rare, particularly in North County San Diego. Entitled properties of this caliber are even rarer, making this offering one of the last remaining large-scale residential development sites in the area.

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Investment Highlights

Land
5.26 Acres
  • Coastal Encinitas
  • $2.1M Median Home Price, Up 4.1% YOY
  • $944 Median PPSF in Encinitas

The Encinitas housing market is highly competitive, with properties typically receiving an average of four offers and selling within 36 days on average

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Sage Canyon DrEncinitas, CA 92024
Moonlight Beach
San Elijo Lagoon & Ecological Reserve
Encinitas Ranch Golf Course
Manchester Preserve Hiking Trails
Botanical Gardens

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Listing provided by Revere CRE