$999,000
For Sale

1060 Hamilton Lane

Escondido, CA 92029
1850 sqft | 3 beds | 3 baths | 0.50 acres | #SW24248807
Listing OfficeAllison James Estates & Homes
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Type:Purchase
Structure:House
Zone:Residential

Description

Spacious 1/2-Acre Corner Lot presents an incredible Investment Opportunity in the Desirable Location of West Escondido! With ample room for Expansion, this property is perfect for building an ADU or Other Income-Generating Structures. Whether you’re an Investor looking for a Rental Property with High-Income Potential or a Homeowner looking to build your dream Multi-Unit Home for the entire family…this property has Endless Possibilities!
This REMODELED 1,850 sq ft Modern home impresses with a bright Open Floorplan, Laminate Flooring and High-End Fixtures throughout. High Wood-Beamed Ceilings and a Marble Tile Fireplace grab your attention as you walk through the door. Chef’s Kitchen with Quartz Waterfall Edge Countertops, Floating Shelves, Large Farmhouse Sink, Commercial Grade Stove and Hood. With 3 Generously-Sized Bedrooms, Large Walk-In Closets and 3 Full Bathrooms, there is Plenty of Room for a Large Family or Multi-Roommate Situation.
The Lot itself offers Flexibility and Favorable Zoning Potential to Maximize its Value…with Features such as Multiple Entry Points from 2 Streets, Excellent Parking Potential (including RV), R-E Zoning (Residential Estate) for Additional Dwellings, Structures and Development Opportunities (i.e. Day Care, Residential Care, Agricultural Crops, Orchards, Vineyards and more). Being conveniently located just minutes from Shopping, Restaurants and Schools, makes this an attractive Rental or Residential Hot Spot. Don’t Miss Out on this RARE OPPORTUNITY with Excellent Potential for Growth and Long-Term VALUE!
**See County of San Diego's Zoning info for R-E (Estate 1) in attached Supplements.**

  • Property Details
      • InteriorBeamedCeilings, BreakfastBar, CeilingFans, EatInKitchen, HighCeilings, QuartzCounters, RecessedLighting, BedroomOnMainLevel, MainLevelPr
      • Lot DescriptionZeroToOneUnitAcre, DripIrrigationBubblers, SprinklersInRear, SprinklersInFront, Ranch, SprinklersTimer, SprinklerSystem
      • Utility FeaturesElectricityConnected, NaturalGasConnected, WaterConnected
      • ViewNeighborhood, TreesWoods
      • Property SubtypeSingleFamilyResidence
      • SubdivisionSouthwest Escondido
      • School DistrictSan Pasqual Union
      • Sewer InformationSepticTank
      • MLS #SW24248807
      • MLS #SW24248807
      • CountySan Diego
      • Property TypePurchase
      • Elementary SchoolBernardo
      • Original List Price$999,000
      • Utility SourcePublic
      • Cost999000
      • Structure TypeHouse
      • Square Feet1850
      • Year Built1957
      • FoundationSlab
      • Acres0.5
      • Bedrooms3
      • Bathrooms3
      • Full Baths3
      • Stories1
      • Parking Spaces2

Location

Maytha ShafferReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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