29790 Spur Ave, Vista, CA 92084

Property Description

Beautiful 2+ acre property with majestic views from both main house and privately sited guest house. Multiple use-cases, ranging from: primary residence, to investment property, to development potential. Come see this picturesque estate with tall trees, prevailing ocean breezes, and west-facing exposure that optimizes great natural lighting and killer sunsets. Move here, and instantly plug into a rural setting, with easy access to all, and your passport to an authentic SoCal lifestyle. See Supplement! Be sure to ask for a reader-friendly version of this Supplement (available in MLS “docs” section). Be sure to ask for a reader-friendly version of this Supplement (available in the MLS “docs” section). Come tour this scenic 2.21 acre property with majestic views from both the main house and detached guest house. The main house (~1,700sf) features 4 bedrooms, 2.5 baths, living room with fireplace, extra family room, enclosed bonus area, and a separate 2-car garage. The detached guest house (~700sf) features 1 bedroom, 1 bath, with large living room and galley kitchen. The guest house is privately sited away from the main house, above an additional 4-car garage. (Permits unknown). Flexible appeal with multiple use-case scenarios, ranging from: Primary residence (or horse property) with private detached guest quarters (or rental income to offset mortgage); Development potential (splitting two 1 acre+ lots each with homes and accessory units); and/or Income property with an impressive 6.28% projected cap rate (factoring realistic market rent after an additional $50k in improvements). (Buyer to verify all with County of San Diego.) After purchasing this property in 2011, Seller did a comprehensive cleanup, making $100k+ in ongoing improvements. Main house improvements include: new water heater, new plumbing, partial roof repair, and gutted/refinished garage which includes plumbing. Guest house improvements include: new garage door, new toilet, repaired s...