2864 Live Oak ParkFallbrook, CA 92028

Description

Located on the popular "Live Oak Park Road" in Fallbrook Country area, just a couple minutes west of I-15 . The 20 Acres is being currently farmed producing Grapefruit and lemons. (production records available). The (3) residential type structures are located in back NE corner of the property and have served as farm labor quarters in the past. Great opportunity to update and improve the units into an excellent income (rental) opportunity. There is an elevated natural plateau (over 1 acre pad site potential) located in the center of the property, perfect for an estate home. The present zoning of the property allows for a 2 Acre minimum. An additional (very flat) 10 Acre parcel fronts this 20.09 acre property and is currently on the markets for $875,000. Combining the 2 properties provides for an potential opportunity to develope an exclusive 2 Acre Estate development. Presently the 2 parcels each have their own producing well and both wells are presently united to service (irrigate) the existing citrus on site. There is full electrical and metered water service inside the property. Existing structures include: a 4-5 car cinder block agricultural barn-garage, a 2 bedroom farm labor mobile home, a 1 bedroom single family dwelling with 1 car garage and an additional farm office structure with a bathroom. The Seller will also consider to continue farming after the close of ecrow. Buyer to independantly investigate and verify all matters relating to property specifically zoning allocations pertaining to: (future development of subdivision potential), permitted uses, existing structure permits and conditions, well production, irrigation system layout, shared access with 10 acre parcel and suitability towards buyers intended use(s). Please note Seller will not perform any repairs property to be sold in "as is" condition. EXCELLENT LOCATION AND OPPORTUNITY!

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

Manufactured House

Year built

1997

Stories

1

Living area

2,000 Sq Ft

Lot size

20.09 acres

Garage spaces

4

Parking spaces

4

Days on market

5

MLS^® Listing#

SW26216287

Property Features

Cooling

None

Fireplace

None

Pool

None

Parking

Attached

Laundry

See Remarks

Lot features

Agricultural · Orchard(s)

Utilities

Sewer Not Available

Sewer

None · Septic Tank

Water source

Public · See Remarks · Well

Financial Details

HOA

None

Parcel number

1051900400

Directions

Exit I-15 "Mission Road" go west on Mission to Live Oak Park Road go approx 1.7 miles property on left