5488 New Mills Rd, San Diego, CA 92115
5488 New Mills Rd, San Diego, CA 92115
5488 New Mills Rd, San Diego, CA 92115
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$719,999
Est. payment /mo
1.02 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2601111

Lot Size 1.020 Acres

Lot Dimensions 1.02 acres

Property Sub-Type Lots/Land

Property Description

Sellers are motivated - Article in Times of San Diego Nov 2025 highlight meaningful housing boom for SDSU neighborhood - https://timesofsandiego.com/politics/2025/11/24/san-diego-college-area-community-plan-housing-sdsu/. With College Area Community Plan approved, this parcel has the potential to allow 5-9 dwelling units per acre pending city approval of submitted plans. Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored via subdivision -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

Location

State CA

County San Diego

Direction I-8 East Freeway to Fairmount Ave exit. Take Montezuma Rd and 54th St to New Mills Rd

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 4668805900

Acceptable Financing Cash, Conventional, Seller May Carry

Listing Terms Cash, Conventional, Seller May Carry

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MLS Router / San Diego MLS
Listed by Jeffrey Hawkins, DRE#01875798 Robcon Realty 

Nearby Locations

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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