Loma Libre
Lots Subdivision for residential homes development
21.000 SqFt. Lots
4.000 SqFt. Two-Story Houses
ADU ready
JADU Optional
01.
Location02.
Index Values03.
Tentative lots04.
Study CasesLocation, Location, Location
Sunset Park is just 20 steps away, a recreation and leisure area for adults and children.
At an 8-minute walk is the recently renovated La Mirada Academy.
Less than 10 minutes by car is Palomar College, and the same goes for California State University San Marcos and San Marcos High School.
Something possible because at less than 3 minutes by car is the access to the 78 Freeway on Rancho Santa Fe Road, which gives access to work quickly.
Also, at 15/20 minutes by car, it is possible to reach Encinitas or Carlsbad’s beaches.
In 10 minutes or less, you can reach shopping centers like Target, Walmart, or places like Lake San Marcos, St Mark Golf Club, and several more.
Discover San Marcos
Located in northern San Diego County’s beautiful foothills is San Marcos, a progressive community of more than 95,000 residents who enjoy a fantastic quality of life.
Although San Marcos has experienced rapid growth over the last decade, it maintains the small-town atmosphere and values that attracted so many new residents.
Home to Palomar College and California State University San Marcos, the City has also become the heart of San Diego North’s education.
San Marcos works diligently to maintain its low crime rate and consistently ranks as one of California’s safest cities. It also has some of the best fire emergency response times and achieved a Class 1 Public Protection Classification rating, the highest level of recognition available from the Insurance Service Organization.
A dedication to parks and community services is another priority for the City of San Marcos. In addition to its rich recreational and cultural programs for children, teens, adults, and seniors, the City has constructed 60 miles of trails, 29 new parks, and 11 recreation centers over the past 25 years.
92078
The median home value of single-family homes and condos in 92078 is $678,912. This value is seasonally adjusted to remove outliers and only includes the middle price-tier of dwellings. 92078 home values have gone up 4.2% over the past year, and Zillow predicts they will rise 4.3% within the next year.
With the zoning update in the city of San Marcos. A subdivision development like Loma Libre becomes an excellent plan. From the city perspective, it is a perfect opportunity to add more properties and thus be able to meet the goals established year after year. In the space where today is living one family, they could be living more than ten.
From the investor’s perspective, it is a perfect opportunity to maximize the investment. The new zoning update would allow to subdivided into more properties than what was possible up to now.
Tentative Lots Division
The following is an estimated subdivision of the land according to previous cases in the same city. The estimated subdivision is with the minimum number of lots possible, although with the updates in the zoning, it would be possible to increase the number.
CITY BLUEPRINTS
This is a blueprint provided by San Marcos city where you can see the current division of the lots; it should be noted that just behind the lots that would form LOMA LIBRE appears a previously approved subdivision that was used for the subdivision of the tentative lots.
TENTATIVE SUBDIVISION
According to previous study cases, the minimum number of lots for LOMA LIBRE is 8, but with the possibility of being 10, since the zoning allows it. The feasibility study carried out with a subdivision of 8 lots showed positive results for the development.
TOTAL DIMENSIONS
LOMA LIBRE’s total area is 5.65 acres, located in a rectangular shape. The dimensions of the lot are 443 ft. in width and 530 ft. long, so It Allows symmetrical subdivisions and them of a similar size.
LOTS DIMENSIONS
Each subdivision would have an estimated area of almost half an acre, depending on its location. The front two lots are more extensive with 3/4 acres, and the back lots are the smallest, with an area of 1/2 acre. This distribution could subdivide the first two lots into four lots since the zoning allows it.
ADU Ready
Each subdivision in LOMA LIBRE is prepared to build a primary residence and an accessory dwelling unit (ADU). Thanks to the Senate’s new laws, this is possible, and optionally also, a junior accessory dwelling unit (JADU). To know more about this, you can visit ADUware.com.
Study Cases
Right at the back, you will find an eight lot subdivision, the first subdivision in the area. After that, the newer projects have been divided into smaller properties like those on the other side of Sunset Park. New subdivisions are being building throughout San Marcos. They help to fight the housing problem.
GRAND ESTATES
Year 2004 – 8 lots
ARBOR RANCH
Year 2008 – 72 lots
RANCHO OTERA
Year 2019 – 18 lots