1435 Rainbow Ridge Ln

Encinitas, CA 92024

$1,400,000
Last Sold Price
107,593 / 2.47
Lot Size / Acres
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Closed 8/4/06
Closed 8/4/06
a view of a lake

Description

Site has the potential to be split into 3. May have to be a lot area averaging project, engineer has looked at split. Structures on the site have no value. Seller's uncle installed pre-fab 1948 sears garage on site. Other out buildings need to be torn down. Outstanding ocean and golf course+back country views wow! [Supplement]: TENANT ON SITE IS BEING EVICTED. Has already been served by attorney. I had local engineering firm look at splitting the property and they said 3 looks do able to them. Seller...Site has the potential to be split into 3. May have to be a lot area averaging project, engineer has looked at split. Structures on the site have no value. Seller's uncle installed pre-fab 1948 sears garage on site. Other out buildings need to be torn down. Outstanding ocean and golf course+back country views wow! [Supplement]: TENANT ON SITE IS BEING EVICTED. Has already been served by attorney. I had local engineering firm look at splitting the property and they said 3 looks do able to them. Seller would like to have a quicker close rather than long drawn out escrow. The longest escrow would be 5 months. Buyer will probably have to have 40 % down as this is going to be considered a land loan. The structures are very old and have no real value. What a great piece of dirt though ! Views of the east and views on the west! Super great views. Developer to the south is splitting property into 4 lots. Projected home prices are going to be close to $2m. Lots of school traffic in front of property, at the early morning drop off times and afternoon pick up times when capri elementary is in session. No traffic on weekends. Tenant may be moving, but still have attorney working on getting eviction. Call janet regarding viewing the site. According to the seller there is an existing ad water meter which can be traded for 3 residential water meters.
  1. Listed by Janet McCollough • DRE #00887068 • Brokerage DRE #00616212 • Coldwell Banker Realty

Property Details for 1435 Rainbow Ridge Lane

View
Canyon, Golf Course, Hills, Mountain(s), Ocean, Panoramic, Valley
Parking Spaces Total
0
Lot Size Dimensions
163X667
View
Yes
View
Yes
Association Fee
$.00
Association Fee 2
$.00
Zoning
RR2
LISTING CLOSED: 08/04/2006 12:00 AM

Property Details for 1435 Rainbow Ridge Lane

StatusClosed
MLS #61018531
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand Lot
Year Built-
Lot Size2.47 AC
CountySan Diego County
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Location

Listing Courtesy of Coldwell Banker Realty, Janet McCollough, DRE #00887068

Sold By Get Smart Properties, Lori May, DRE #00846860

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Building Information for 1435 Rainbow Ridge Lane

Lot Size2.47 AC

Payment Calculator

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$6,976 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,976

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1435 Rainbow Ridge Lane

Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
Property / Structure Info
Exterior Features
  • Fence: Yes
  • Fencing: Partial
Land/Lot Info
  • Lot Features: Level, Sprinklers None
  • Current Use: See Remarks, Unimproved
  • Possible Use: Residential
  • Sprinklers: No
  • Topography: Level
  • Road Frontage Type: City Street
  • Utilities: Cable Available, Natural Gas Available, See Remarks, Electricity Available, Electricity Connected

Property History for 1435 Rainbow Ridge Lane

DateEvent & SourcePriceAppreciation
Aug 4, 2006

Sold

CRMLS #61018531

$1,400,000—
Mar 3, 2006

Listed (Active)

CRMLS #61018531

$1,350,000—
DateEvent & SourcePrice
08/04/2006

Sold

CRMLS #61018531

$1,400,000
03/03/2006

Listed (Active)

CRMLS #61018531

$1,350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1435 Rainbow Ridge Lane

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Capri Elementary School
Public - K to 6
Diegueno Middle School
Public - 7 to 8
La Costa Canyon High School
Public - 9 to 12
Sunset High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Capri Elementary School
PublicK to 6

Diegueno Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

Sunset High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Encinitas
Encinitas
The flower capital of the world Located in the northern San Diego County, with six miles of Pacific coastline, the city of Encinitas offers a amazing blend of picturesque charm, sophistication, and contemporary culture.
Encinitas Guide

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Listing Courtesy of Coldwell Banker Realty, Janet McCollough, DRE #00887068

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