FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATION · FALLBROOK OAKS - 17 ESTATE LOTS -...

Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

AL APUZZO760.448.2442

[email protected] Lic # 01323215

MATT WEAVER760.448.2458


PATRICK MILLER, CCIM760.448.2445


FOR ADDITIONAL INFORMATION:

3974 RECHE ROAD - FALLBROOK, CA

FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATION

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• Panoramic Views• 26.4 Acres• 17 Lot Tentative Map• Additional 10 Lot Final Map Available• 1 to 3 Acre Parcels• Project on SewerFALLBROOK OAKS ASKING PRICE: $1,730,000

SUBJECTPROPERTY

10 LotFinal Map Available

Reche Rd

Ranger Rd

2Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

AL APUZZO760.448.2442









PAGE CONTENT

3 AERIALS

5 LOCATION MAP

6 PROPERTY INFO

7 DEVELOPMENT IMPACT FEES

8 FALLBROOK OAKS SITE PLAN & TENTATIVE MAP

10 DOCUMENT LINKS

11 SALES COMPARABLES

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice.

SUBJECTPROPERTY

Ranger Rd


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONA

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SUBJECTPROPERTY

Reche Rd

Rang

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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONA

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SUBJECTPROPERTY

Reche Rd

Ranger Rd


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATION LO

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PALOMAR MOUNTAIN

FALLBROOK

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TEMECULA

CAMP PENDLETON NORTH

PALA MESA

MURRIETA

Via Zara

Aquaduct Rd

Rang

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Tecalote Dr

Wilt Rd

Old Hwy 395SUBJECT PROPERTY

Reche Rd

SUBJECT PROPERTY


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONPR

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INFO

Location:

Jurisdiction: County of San Diego

APNs #: 107-070-03

Acreage: 26.4 Acres

Water Meters: Two 2” Meters

Topography: Rolling

Views: Big panoramic Views

Zoning: A70(SingleFamilyResidential)

General Plan: SR-1(Semi-RuralResidential)

Density: 1 Dwelling Unit/Acre

Lot Sizes: 1 to 3.2 Acres

Project Status:

Impact/Fees: Approx.$50,153perlot(FallbrookOaks)

Located at Reche Road and Ranger Road in Fallbrook, California, the properties feature expansive views.Approximately 1 mile east of Interstate 15, this site will provide commuters with quick, convenient access and a shortdrivetoallofSanDiego,Orange&RiversideCounties.

Thesubjectpropertyhasafullyapproved17lotTentativeMap known as Fallbrook Oaks. This site is serviced by sewer. Inaddition,thereisa10lotFinalMapincludingoneparcelthat may be divided into 2 lots adjacent to the property. This isoffered separately. This site is knownas FallbrookHillsandwillbeonseptic.

School District: Fallbrook Elementary School District Fallbrook High School District

• Live Oak Elementary School - 797 API •JamesEPotterMiddleSchool-813API • Fallbrook High School - 751 API

Services: Water/Sewer Rainbow Municipal Water Dist. Gas/Electricity SDG&E Fire NorthCountyFireProtectionDist. Police SanDiegoSheriff’sDept.

Asking Price: Fallbrook Oaks - $1,730,000


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIOND

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Item Fallbrook Hills Fallbrook Oaks Fallbrook Elementary School Fees ($2.53/SF) $ 7,590 $ 7,590Fallbrook Union High School Fees ($1.16/SF) $ 3,480 $ 3,480Park Fee $ 4,771 $ 4,771Rainbow Municipal Water Capacity Fee (5/8" Meter)* $ 6,241 $ 6,241Rainbow Municipal Water Material Fee (5/8" Meter)* $ 225 $ 225SDCWA Capacity Fee $ 5,099 $ 5,099SDCWA Treatment Fee $ 141 $ 141Sewer Fees (for 17 Fallbrook Oaks lots only) - $ 18,051Traffic Impact Fees/RTCIP $ 4,555 $ 4,555

TOTAL PER SFR $ 32,102 $ 50,153

Fallbrook Development Impact FeesPer Approximate 3,000 SF Detached Home

Item Fallbrook Hills Fallbrook Oaks Fallbrook Elementary School Fees ($2.53/SF) $ 7,590 $ 7,590Fallbrook Union High School Fees ($1.16/SF) $ 3,480 $ 3,480Park Fee $ 4,771 $ 4,771Rainbow Municipal Water Capacity Fee (5/8" Meter)* $ 6,241 $ 6,241Rainbow Municipal Water Material Fee (5/8" Meter)* $ 225 $ 225SDCWA Capacity Fee $ 5,099 $ 5,099SDCWA Treatment Fee $ 141 $ 141Sewer Fees (for 17 Fallbrook Oaks lots only) - $ 18,051Traffic Impact Fees/RTCIP $ 4,555 $ 4,555

TOTAL PER SFR $ 32,102 $ 50,153

Fallbrook Development Impact FeesPer Approximate 3,000 SF Detached Home

*Offset by a credit for existing meters Buyer to verify all fees


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONSI

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Fallbrook Oaks 17 Lots


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONTE

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Fallbrook Oaks 17 Lots


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIOND

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CLICK TO VIEW DOCUMENT LINKS FOR FALLBROOK OAKS (17 LOTS )

DRAINAGE STUDY

PRELIMINARY GRADING PLAN

SIGHT DISTANCE

SITE PLAN

SWQMP

TENTATIVE MAP

WATERLINE MAP

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/DrainageStudy.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/PreliminaryGrading.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/SightDistance.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/SitePlan.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/SWQMP.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/TM.pdf

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/Ranger_Reche/WaterlineMap.pdf


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FALLBROOK OAKS - 17 ESTATE LOTS - IDEAL VINEYARD LOCATIONSA

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NEW HOME SALES COMPARABLES

RESALE HOME COMPARABLES

Project Builder Master Open Product Typical Lot Min Unit Max Unit Min Max Total Units Total Units Total Sales Sale Rate ZipName Name City Plan Date Type Lot Size Dimension Size Size Price Price Min $/SF Max $/SF Planned Sold Remaining Rate L3M CodeS.L. Rey California West Communities Bonsall - 3/3/2018 Detached 6,000 - 2,029 3,239 $641,900 $676,900 $208.98 $316.36 93 15 78 3.3 2.0 92003Bridlegate D.R. Horton Fallbrook Horse Creek Ridge 9/30/2017 Detached 5,000 - 2,654 3,240 $595,605 $639,895 $197.50 $224.42 64 24 40 2.4 1.7 92028Chaparral Pointe D.R. Horton Fallbrook Horse Creek Ridge 10/7/2017 Detached 2,000 - 1,568 2,037 $436,990 $475,990 $233.67 $278.69 106 73 33 7.8 7.3 92028Oakmont D.R. Horton Fallbrook Horse Creek Ridge 9/30/2017 Detached 3,150 35'x90' 1,799 2,445 $512,990 $582,990 $238.44 $285.15 136 57 79 5.9 4.3 92028Promontory Richmond American Homes Fallbrook Horse Creek Ridge 3/10/2018 Detached 5,000 - 3,205 3,842 $634,990 $691,990 $180.11 $198.12 100 10 90 2.3 2.3 92028Saratoga Estates Emerald Homes Fallbrook Horse Creek Ridge 3/24/2018 Detached 4,500 - 2,437 2,967 $615,930 $659,990 $222.44 $252.74 120 4 116 1.5 1.0 92028Westbury D.R. Horton Fallbrook Horse Creek Ridge 9/30/2017 Detached 4,500 - 2,285 2,656 $552,490 $602,990 $227.03 $241.79 75 44 31 4.6 5.7 92028Grand View Estates DW Construction Valley Center - 12/16/2017 Detached 87,000 - 2,155 2,229 $659,900 $699,900 $314.00 $306.22 8 6 2 0.9 -0.3 92082

Information Provided Courtesy Of:

DRE Lic#: CA

Search Criteria:Patrick Miller00296599

Agent: 760-929-9700

Lee & Associates - Office: 760-929-9700

Information is not guaranteed. Copyright 2001 - 2018 SANDICOR, Inc.

Class=RE AND Close of EscrowDate=09/07/2017-06/06/2079 ANDLotSz=F).5+to1AC,G)1+to2AC ANDYrBlt>=2009 AND Map=RadiusAND Status=SOLD AND Type=DET

09/07/2018 10:57 AM

CMA Summary Report

RESIDENTIAL Summary Statistics

High Low Average MedianLP:$1,290,000 $549,000 $764,081 $599,900SP:$1,300,000 $540,000 $750,318 $599,000

RESIDENTIAL - Sold Number of Properties: 11

Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP PrcSqft SP PrcSqft

1 180016476 SOLD DET 360 TOM MCGUINNESS FALLBROOK (92028) 4 3 5/8/2018 2,246 11 $549,000 $244.43 $540,000 $240.43

2 170061973 SOLD DET 1041 E Alvarado St. FALLBROOK (92028) 3 2 5/4/2018 37,026 2,033 102 $579,000 $284.80 $565,000 $277.91

3 180038658 SOLD DET 1631 Ranchwood Lane FALLBROOK (92028) 4 3 7/27/2018 2,040 0 $595,000 $291.67 $595,000 $291.67

4 180015547 SOLD DET 1671 Joshua Tree Lane FALLBROOK (92028) 3 3 4/16/2018 2,055 0 $595,000 $289.54 $595,000 $289.54

5 170062532 SOLD DET 1675 Joshua Tree Lane FALLBROOK (92028) 4 2 1/30/2018 2,155 23 $599,000 $277.96 $595,000 $276.10

6 170063225 SOLD DET 1420 Buckboard Ln FALLBROOK (92028) 3 2 3/2/2018 2,010 1 $599,900 $298.46 $599,000 $298.01

7 170042586 SOLD DET 935 Via Hillview FALLBROOK (92028) 4 3 9/27/2017 25,264 2,402 22 $665,000 $276.85 $660,000 $274.77

8 170056738 SOLD DET 2912 Alta Vista FALLBROOK (92028) 4 3 4/17/2018 46,609 2,727 109 $775,000 $284.20 $755,000 $276.86

9 180027058 SOLD DET 2829 Mesa Grove Road FALLBROOK (92028) 3 4 7/16/2018 71,874 2,998 47 $869,000 $289.86 $849,500 $283.36

10 180028562 SOLD DET 1514 Via Chaparral FALLBROOK (92028) 4 4 7/16/2018 4,000 24 $1,289,000 $322.25 $1,300,000 $325.00

11 180008474 SOLD DET 1821 Winterwarm Dr FALLBROOK (92028) 3 4 4/23/2018 59,241 3,400 35 $1,290,000 $379.41 $1,200,000 $352.94

Avg 3 3 48002 2551 34 $764,082 $294.49 $750,318 $289.69

Min 3 2 25264 2010 0 $549,000 $244.43 $540,000 $240.43

Max 4 4 71874 4000 109 $1,290,000 $379.41 $1,300,000 $352.94

Med 4 3 46609 2246 23 $599,900 $289.54 $599,000 $283.36


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LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS:

TheinformationcontainedinthisMarketingBrochurehasbeenobtainedfromsourceswebelievetobereliable.However,Lee&Associateshasnotandwillnotverifyanyofthisinformation,norhasLee&Associatesconductedanyinvestigationregardingthesematters.Lee&Associatesmakesnoguarantee,warrantyorrepresentationwhatsoeverabouttheaccuracyorcompletenessofanyinformationprovided.

AstheBuyerofrealestate,itistheBuyer’sresponsibilitytoindependentlyconfirmtheaccuracyandcompletenessofallmaterialinformationbeforecompletinganypurchase.ThisMarketingBrochureisnotasubstituteforyourthoroughduediligenceinvestigationofthisopportunity.Lee&AssociatesexpresslydeniesanyobligationtoconductaduediligenceexaminationofthisPropertyforBuyer.Anyprojections,opinions,assumptionsorestimatesusedinthisMarketingBrochureareforexampleonlyanddonotrepresentthecurrentorfutureperformanceorvalueofthisproperty.Thevalueofthepropertytoyoudependsonfactorsthatshouldbeevaluatedbyyouandyourtax,financial,consultantsandlegaladvisors.BuyerandBuyer’stax,financial,legal,consultantsandalladvisorsshouldconductacareful,independentinvestigationofanypropertytodeterminetoyoursatisfactionthesuitabilityofthepropertyforyourneeds.

Likeallrealestate,thispropertycarriessignificantrisks.BuyerandBuyer’sconsultants,legalandfinancialadvisorsmustrequestandcarefullyreviewalllegalanddocumentsrelatedtotheproperty.AnyinfoprovidedincludingfeesandcostsarenotguaranteedandshouldbeverifiedbyBuyer.Thesefiguresaresubjecttochangeatanytimebasedonmarket,economic,environmentalorotherconditions.Buyerisresponsibleforconductinghis/herowninvestigationofallmattersaffectingtheintrinsicvalueofthepropertyandthevalueofanypotentialdevelopmentoruseof the property. ByacceptingthisMarketingBrochureyouagreetoreleaseLee&Associatesandholditharmlessfromanykindofclaim,cost,expense,orliabilityarisingoutofyourinvestigationand/orpurchaseofthisproperty.

DISCLOSURE


[email protected] Lic#01367183



AL APUZZO760.448.2442

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