21 Stonepointe Dr, Escondido, CA 92025

Property Description

Exceptional near build-ready estate lot located in a prestigious gated community in highly desirable South Escondido. This scenic, suburban setting is widely favored, offering privacy, tranquility, & a luxury neighborhood feel. The plot of land features approximately 270-degree panoramic views of the surrounding valley, Lake Hodges, rolling hills, & distant mountains. Easily have views from every window in your future custom estate. Significant pre-development work has already been completed. The sale includes architectural plans for a 2-story 3,982 sqft single-family residence, grading plans, soils report, drainage study, & all existing pertinent reports, studies, & plans, all of which will convey with the sale. The property also includes prepaid land credits originally purchased in 2007, which will transfer to the buyer. These credits offset future city development & impact fees & represent substantial cost savings, with values higher today than at the time of purchase. Seller has been paying approximately $70/month to maintain rights to a prepaid 1" water meter as well - nearly $20k savings. Utilities are readily available at the street, including sewer, with no overhead utility lines, preserving clean views & aesthetics. Conveniently located near Lake Hodges, hiking and biking trails, golf, wineries, schools, shopping, and freeway access! A rare opportunity to build in a gated, high-end community with views, infrastructure, & prepaid value already in place.