10
See all 10 photos
Listed by Jeff Kane • Coldwell Banker West
$1,795,000
Est. payment /mo
1 Sqft Lot
Pending
969 985 Gillespie Dr Spring Valley, CA 91977
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
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
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2506916
© 2025 MLSListings Inc. All rights reserved.