Listed by James Wirkkala•DRE #02111092• Coldwell Banker Realty
Contact: jim.wirkkala@cbrealty.com
Pending
$550,000
Est. $3,537/mo —
Land
•
1.92
acres (lot)
3009 Reed Rd, Escondido, CA 92027
About this home
This exceptional offering presents 1.92 acres of prime land in a highly desirable location—an outstanding opportunity for builders, developers, or investors seeking long-term potential. Please note that the existing home currently on the property is not included in the sale. Buyer Requirements: Upon entering into contract, the buyer will be responsible for subdividing the lot into separate parcels. This step is essential to complete the transaction and should be undertaken in accordance with all applicable zoning, planning, and municipal regulations. Buyers are encouraged to conduct thorough due diligence to confirm feasibility and development options. This property represents a rare chance to create value in a sought-after area, offering flexibility for future use and strong upside for the right vision.
East Grove, located between Downtown Escondido and Kit Carson Park, is a residential and civic Escondido neighborhood with leafy streets and a campus-like cultural corridor. The neighborhood’s character concentrates around Grand Avenue near the California Center for the Arts, where galleries, coffee counters, and small restaurants set a steady, walkable rhythm. Craftsman bungalows and mid-century ranch homes mix with low-rise civic buildings and mature shade trees. The California Center for the Arts, Escondido anchors the calendar with performances and exhibitions. Nearby, Grape Day Park adds lawns, public art, and a classic gazebo backdrop. Side streets feel quieter, while Grand Avenue keeps the pace social and urban.
Provided by Walk Score and Local Logic
Market insights
3009 Reed Rd · $550,000
DAYS ON MARKET
260 days
The average home goes pending in 22 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$550,000
Median sale price in this area is $1,097,086. (99% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Property has views
Exterior features
Lot over 40,000 square feet
Rectangular lot
Down slope from street
Horse property
Value in land
6–10 units per acre potential
Water directed to property on top of the hill; connection to water line available
Sewer available at Reed Road and requires installation to Parcels 1–3
Phone service available at Reed Road
Electric on Parcel 3
Parcels 1, 2 and 3 offered (see documents for parcel reference)
Home design
R-1 zoning; allowed up to 4 single-family residences and may be split into up to 4 parcels
Property suitable for agriculture, multifamily/investment, horse use, or residential
Construction
Parcel number 2401901800
Utilities
Water connection available to on-site line
Sewer located at Reed Road (requires extension)
Phone service at Reed Road
Electric available on Parcel 3
HOA & community
Community offers horse trails, biking, hiking, mountainous and foothill surroundings
Electricity and solar
View estimated energy costs and solar savings for this home
The estate residential (R-E) zone is established to provide a rural setting for family life in single-family detached dwellings. Provisions are made for the maintenance of limited agricultural pursuits as well as those uses necessary and incidental to single-family living.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
28% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Escondido, CA • 92027
Average low and high temperatures (°F)
68
44
70
46
73
48
71
48
75
52
81
56
83
58
89
61
85
61
81
53
72
46
70
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3009 Reed Rd
$510,704
$39K under list price of $550K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $1.1M.