Leaf Lane, Escondido CA 92026 | $699,000

Versatile Development Opportunity Four-Lot Subdivision or SB9 Income Property Potential Discover a prime development opportunity nestled in a tranquil residential enclave of North Escondido. This expansive 0.58-acre parcel (APN: 226-130-52-00) offers two highly valuable paths for developers, builders, and investors: subdivide into four single-family residential lots or utilize California SB9 to build up to six income-producing units. Option 1: Four Single-Family Home Lots Take advantage of the RS zoning and VR-7.3 General Plan designation to subdivide the property into four legal lots, each with the potential to accommodate a custom or spec-built single-family residence. With utilities at the street and a favorable topography, this is an ideal infill project for builders seeking immediate upside in a high-demand area. Option 2: SB9 Multi-Unit Development Alternatively, maximize density and rental income through California Senate Bill 9: Split the parcel into two legal lots Construct up to three units per lot (main residence + ADU + junior ADU) Deliver up to six total income-generating units This option provides the perfect framework for a build-to-rent community, co-housing, or flexible multi-family configuration while maintaining a residential scale. Property Highlights: Lot Size: 0.58 Acres Zoning: RS (Residential Single); General Plan: VR-7.3 Minimum Lot Size for Subdivision: 6,000 SF Utilities: Water & sewer available (Vallecitos Water District) Initial-Study Report Topography: Gently sloped with elevated terrain offering view potential Location: Minutes to Twin Oaks G