8 LOT SUBDIVISION NEAR FINAL MAP

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1 1.22 Acre Average Lot Size Acres Grading & Improvement Plans Complete New Home Sale Prices in Excess of $800,000 SALE PRICE: $1,950,000 Ora Avo Terr Ora Avo Dr SUBJECT PROPERTY Monte Vista Dr Buena Creek Rd N Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

2 PAGE CONTENT 3 AERIALS 5 LOCATION MAP 6 PROPERTY INFO 7 DEVELOPMENT IMPACT FEES 8 TENTATIVE MAP 9 PARCEL MAP 11 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. Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

3 AERIALS Monte Vista Elementary Monte Vista Dr Buena Creek Rd SUBJECT PROPERTY S. Santa Fe Ave Shadowridge Golf Club Sycamore Ave Palomar Community College Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

4 Starview Dr AERIALS Ora Avo Dr SUBJECT PROPERTY Monte Vista Dr Buena Creek Rd Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

5 LOCATION MAP CAMP PENDLETON FALLBROOK PALOMAR MOUNTAIN OCEANSIDE CARLSBAD VISTA PALOMAR AIRPORT SUBJECT PROPERTY SAN MARCOS ESCONDIDO ENCINITAS 78 Ora Avo Terr Ora Avo Dr SOLANA BEACH SAN DIEGO COUTNRY ESTATES N DEL MAR POWAY Starview Dr Winter s Hill SUBJECT PROPERTY Monte Vista Dr Pleiades Dr Buena Creek Rd Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

6 PROJECT INFO PROPERTY FEATURES LOCATION: JURISDICTION: The property is located at 1050 Ora Avo Drive in the City of Vista, CA, approximately 2 miles east of Highway 78 and 4 miles west of Interstate 5. The site is positioned on the west side of Buena Creek Road, surrounded by several estate communities. Situated in a well-established area of San Diego County, this site is ideally positioned for a high-end residential development. County of San Diego APN: Acres Acres Acres Total ZONING: GENERAL PLAN: RR (Rural Residential) Allows single-family detached residential units RR (Rural Residential) 1 DU / Acre TOPOGRAPHY: PROPERTY STATUS: SCHOOL DISTRICT: Gentle Rolling Slope Vista Unified School District SERVICES: Water Vista Irrigation District Sewer Buena Sanitation District Electricity/Gas SDG&E Fire City of Vista Fire Dept. Police San Diego County Sheriff s Dept. IMPROVEMENT COSTS: Approximately $50,000 per lot (Bonding estimates) IMPACT FEES: SALE PRICE: $1,950,000 Currently, there is a tentative map for 8 lots on the site. The owner has grading plans and estimated improvement costs. A final map can be recorded with the issuance of a letter of credit for development improvement costs. Approximately $35,431 per lot CLICK TO VIEW DOCUMENT LINKS ZONING CODE GENERAL PLAN - LAND USE MAP PROCEDURE OF SURVEY SUBDIVISION TITLE GUARANTEE GRADING PLANS IMPROVEMENT PLANS CONDITIONS OF APPROVAL PRELIMINARY TITLE REPORT ESTIMATE OF COSTS LETTER FINAL MAP COMBINED Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

7 DEVELOPMENT IMPACT FEES Estimated Development Fees Per Approximate 4,000 SF Single Family Residence Item Amount School Fees ($3.20/SF) $ 12,800 Park Fees $ 5,781 Water Connection Fees (3/4" Meters) $ 6,521 Sewer Fees $ 6,496 Traffic Impact Fees $ 3,833 TOTAL PER SFR $ 35,431 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

8 CLICK HERE TO VIEW TENTATIVE TRACT MAP TENTATIVE MAP Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

9 PARCEL MAP Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

10 PARCEL MAP Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

11 COMPARABLE HOME SALES CMA Summary Report RESIDENTIAL Summary Statistics High Low Average Median LP:$1,295,000 $800,000 $935,780 $849,000 SP:$1,300,000 $800,000 $911,410 $817,050 RESIDENTIAL - Sold Number of Properties: 5 Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP $/EstSF SP $/EstSF SOLD DET Nella Lane VISTA (92084) 4 4 6/30/ ,113 3, $784,000 - $800,000 $ $800,000 $ SOLD DET 2525 San Clemente Ave SOLD DET 1989 Vista Grande Drive VISTA (92084) 4 4 2/14/ ,522 3, $839,900 $ $840,000 $ VISTA (92084) 4 5 2/12/ ,272 3, $799,000 - $849,000 $ $817,050 $ SOLD DET Margale Lane VISTA (92084) 4 5 5/30/ ,891 4, $895,000 $ $800,000 $ SOLD DET 2337 Catalina Avenue VISTA (92084) 4 5 6/10/ ,045 5, $1,275,000 - $1,295,000 $ $1,300,000 $ Avg , , $935,780 $ $911,410 $ Min $800,000 $ $800,000 $ Max $1,295,000 $ $1,300,000 $ Med , , $849,000 $ $817,050 $ Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F:

12 For More Information, Please Contact: Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA T: F: