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Land for Sale in Bonsall, California

3309 San Rey Ln, Bonsall, CA 92003

$7,995,000
27 acres
Active
Est $59,299/mo

Rancho Viejo - Premier Development Opportunity Cost-Efficient, and Market-Aligned Key Investment Highlights Approvals Secured - Full County scoping letter and Fire District agreements in place Phased Development - Reduced upfront costs with optimized two-phase buildout $10M+ in Cost Savings - Modular construction, grading optimizations, and road design efficiencies Strong Rental Demand - By-right ADUs/J-ADUs in a high-growth Southern California corridor Project Advantages 1. Flexible Land Use Designations - Active Use Open Space: Permits clubhouses, trails, recreation, and water features - Passive (Restorative) Use: Allows grading/development with approved landscape restoration--resolving prior ownership's roadblocks 2. Accelerated & Deferred Costs - Emergency Road Approval: Secondary access downgraded from primary road standards, cutting $2M+ in initial costs - Phase 2 Deferrals: Fire Dept. approved delaying full emergency road buildout, accelerating Phase 1 (29 lots) 3. Optimized Site Engineering - Grading Plan: Reduced import volumes while expanding usable yard space via elevated home pads - Modular Construction: Approved for 30% faster vertical build, with modern-rustic designs and covered parking integration 4. Lower Infrastructure Costs - Santa Luz-Inspired Roads: Drought-tolerant, fire-resistant landscaping with reduced sidewalk/street expenses - Traffic Study vs. Full Road Build: $500K+ savings vs. original secondary access requirements 5. High-Demand Rental Model - ADU/J-ADU Inclusion: Projects premium rents using tri-county (Orange/San Diego/Riverside) comps - Proven Precedent: Maintenance/design benchmarks from award-winning Santa Luz/Cielo communities 6. Risk-Mitigated Execution - Geotech Complete: Keller ground-improvement plan locked - Top-Tier Team: Design/engineering leads with regional success track records --- Why Invest Now? Approvals in Hand - No entitlement delays Cost Certainty - $6M+ savings already engineered into plan SoCal Housing Shortfall - ADU-friendly project meets urgent rental demand Exit Flexibility - Build-to-sell or hold as cash-flowing rental portfolio Attachments: Pro forma, grading/road plans, modular design renderings Next Steps: Let's discuss capital structure and pre-sales strategy--this asset won't last.

Location

Street address
3309 San Rey Ln
Elevation
240 feet

Directions

The property is located West of the 15 between Dulin Road and Old Highway 395

Property details

Acreage
27 acres
Zoning
R-1
MLS #
MRMLS NDP2509253
Posted

Parcels

  • 1253010100

Resources

Details and features

Listing

Type
Land

Lot

View
Hills

Exterior

Features
Ravine Community Features Included, Storm Drains

Listing history

DateEventPriceChangeSource
Apr 3, 2025New listing$7,995,000MRMLS
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This 27-acre property is located at 3309 San Rey Ln in Bonsall, CA 92003. The property is available for sale for $7,995,000 with a price per acre of $296,111.

Checked 1 hour ago — Updated

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