Active

5488 New Mills Rd

San Diego, CA 92115

$699,999 $2,951/Mo

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Overview

44,431.20

Sqft(Lot)

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 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

Property Type : Land

Price : $699,999

AD Id : 84977875

MLS Id : NDP2605795

Lot Size : 44,431.20 Sqft(Lot)

County : San Diego

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source: See Remarks Sewer: None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.02 Lot Size Dimensions: 1.02 acres
Lot Size Source: Public Records Lot Size Square Feet: 44431.2

Listing Price Information

Original List Price: 699,999 Listing Contract Date: 2026-06-16
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4668805900

Other Property Info

Source Listing Status: Active Source Neighborhood: 92115 - San Diego Directions: I-8 East Freeway to Fairmount Ave exit. Take Montezuma Rd and 54th St to New Mills Rd Zoning: RS-1-7 Source Property Type: Land Area: 92115 - San Diego

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4230 45th St, San Diego, CA, 92115	$999,999	--	--	--	9,386 Sqft(Lot)

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ByOwner last updated this listing 06/17/2026 @ 02:27

MLS: NDP2605795 LISTED BY: Jeffrey Hawkins, Robcon Realty 760-726-1212 SOURCE: CRMLS