969 985 Gillespie Dr Pending

Spring Valley,CA 91977

$ 1795000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRNDP2506916

Lot Size 1 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Presenting a prime infill development opportunity in the heart of Spring Valley, this ±1.99-acre site at 969-975 Gillespie Drive offers a rare chance for residential builders to capitalize on San Diego's growing housing demand. Zoned Village Residential (VR-15), the property supports a wide range of residential development options including single-family homes, duplexes, townhomes, ADUs (both attached and detached), and stacked multifamily units. Preliminary calculations from Lightfoot Planning Group (April 2025) project the potential for 36 to 45 units through the application of the City's Density Bonus Program. Strategically situated in a transit-oriented corridor, the property is within a 10-minute walk of two trolley stations and multiple bus lines, offering residents seamless connectivity to the greater San Diego region. The topography is generally level, with utilities on site including a fire hydrant at Gillespie and St. George. The area is already a vibrant residential hub, bordered by a middle school to the east, senior apartments to the south, and multiple multifamily complexes to the north-providing a strong foundation for community growth and integration. The property currently includes four existing structures-three of which are older rental homes providing interim i

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning LZ,LL,LV

Exterior

View Local/Neighborhood,Panoramic

Building

Lot Description Grade - Level

Others

Tax ID 5840623700

Special Listing Condition Not Applicable

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