Mt Albertine Unit #1213, Linda Vista, CA 92111

$3,850,000
List Price
$3,850,000
MLS#
240002275
Status
ACTIVE
Type
Land
Neighborhood
Clairemont Mesa

Property Description

Awaiting the environmental reviewer's final comments, the seller is poised to progress swiftly. Following resolution, the environmental report will be meticulously drafted, with a 30-60 day circulation period. Subsequently, a planning commission hearing date will be secured, paving the way for City Council consideration. While the official timeline extends 6 months, a prudent approach suggests allowing an additional month for each phase, bringing the estimated duration to around 9 months. A concurrent processing agreement has been sought from DSD, enabling the submission of elevations and construction drawings for the street and each of the 13 homes. This proactive step includes seamless coordination with SDG&E and the water company. The anticipated duration of this process is approximately 6-12 months, offering the exciting prospect of groundbreaking by January 2025.

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Aaron Bove.