5488 New Mills Rd

44,431 / 1.02
Lot Size / Acres

Description

Sellers are motivated - Article in Times of San Diego Nov 2025 highlight meaningful housing boom for SDSU neighborhood - https://timesofsandiego.com/politics/2025/11/24/san-diego-college-area-community-plan-housing-sdsu/. With College Area Community Plan approved, this parcel has the potential to allow 5-9 dwelling units per acre pending city approval of submitted plans. Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime...Sellers are motivated - Article in Times of San Diego Nov 2025 highlight meaningful housing boom for SDSU neighborhood - https://timesofsandiego.com/politics/2025/11/24/san-diego-college-area-community-plan-housing-sdsu/. With College Area Community Plan approved, this parcel has the potential to allow 5-9 dwelling units per acre pending city approval of submitted plans. Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored via subdivision -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

Property Details for 5488 New Mills Road

View
Trees/Woods, Neighborhood
Parking Spaces Total
0
Lot Size Source
Public Records
Lot Size Dimensions
1.02 acres
Assessor Parcel Number
466-880-59-00
New Construction
No
Pool
No
View
Yes
LISTING UPDATED: 04/08/2026 10:08 AM

Property Details for 5488 New Mills Road

StatusActive
MLS #NDP2601111
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLot/Land
Year Built-
Lot Size1.02 AC
CountySan Diego County

Location

Listing Courtesy of Robcon Realty, Jeffrey Hawkins, DRE #01875798
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Building Information for 5488 New Mills Road

Lot Size1.02 AC

Payment Calculator

$3,666 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,626

Property Taxes

$40

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5488 New Mills Road

Community / Development
Community / Development
  • Assessments YN: No
  • Community Features: Suburban
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
  • View Description: Trees/Woods
Distance To
  • Distance To Water: Water is available in cul-de-sac but not connected to property at this time.
  • Distance To Schools: 1.1 miles walking to SDSU
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft, Cul-De-Sac
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: -0.3 acres on lower part -0.3-0.4 acres slope -0.2-0.3 acres on top part
  • Water: See Remarks
  • Sewer: None
  • Water Source: See Remarks
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 5488 New Mills Road

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Price Change

CLAW #NDP2601111MR

$719,999
Apr 7, 2026

Price Change

CRMLS #NDP2601111

$719,999
Apr 6, 2026

Price Change

SDMLS #NDP2601111

$719,999
DateEvent & SourcePrice
04/08/2026

Price Change

CLAW #NDP2601111MR

$719,999
04/07/2026

Price Change

CRMLS #NDP2601111

$719,999
04/06/2026

Price Change

SDMLS #NDP2601111

$719,999

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

Public Records for 5488 New Mills Road

Taxable ValueLand$27,162Additions$10,075Total$37,237
Tax Record2020$484 ($40 / month)
Home Facts
Beds0Lot Size44,431 SqFtStyleResidentialZoningR1CountySAN DIEGOAPN4668805900

Schools near 5488 New Mills Road

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Hardy Elementary School
PublicK to 5

Lewis Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

City Heights Preparatory Charter
Charter6 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.

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5488 New Mills Road is a 1.02 ac of land for sale in San Diego, CA 92115. This property was listed for sale on February 3, 2026 by Robcon Realty, it's currently listed at $719,999. This listing's school district is San Diego Unified School District. Nearby schools include Hardy Elementary School, Lewis Middle School and Patrick Henry High School. 5488 New Mills Road is a 0-bed, 0-bath, 1.02 ac of land on a 44,431 sq. ft. / 1.02 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robcon Realty, Jeffrey Hawkins, DRE #01875798

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