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9148 Ivy Ln - Residential Development Opportunity 2.62 Acres of Residential Land Offered at $2,030,958 CAD in Spring Valley, CA 91977
Investment Highlights
- Three contiguous parcels totaling ±2.56 acres in Spring Valley
- Zoning allows SB9, ADU, JADU, or density bonus potential.
- Panoramic views of Point Loma and Downtown San Diego.
- Two existing single-family homes plus one vacant lot.
- Private driveway access in a quiet neighborhood.
- Quick connectivity to CA-125 and regional job centers.
Executive Summary
Positioned in the heart of Spring Valley, this 2.56-acre property offers a rare chance to develop within a well-established residential community. The site consists of three parcels with two existing homes and one vacant lot, all benefiting from municipal water, existing septic, and overhead power. Zoned R-1, the property supports multiple development strategies, including SB9 lot splits and accessory dwelling units. Its elevated topography provides sweeping views of Point Loma and Downtown San Diego, while private driveway access ensures privacy and exclusivity. Located minutes from CA-125 and major East County thoroughfares, the property combines hillside tranquility with urban accessibility. This offering is well-suited for developers, investors, or end-users seeking a customizable residential project in a high-demand submarket.
Property Facts
| Price | $2,030,958 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 2.62 AC |
| Property Type | Land | ||
| Zoning | RR | ||
| Price | $2,030,958 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 2.62 AC |
| Zoning | RR |
1 Lot Available
Lot
| Price | $2,030,958 CAD | Lot Size | 2.62 AC |
| Price Per AC | $775,174.70 CAD |
| Price | $2,030,958 CAD |
| Price Per AC | $775,174.70 CAD |
| Lot Size | 2.62 AC |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $211,948 CAD | |
| Land Assessment | $1,201,040 CAD | Total Assessment | $1,412,988 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,201,040 CAD
Improvements Assessment
$211,948 CAD
Total Assessment
$1,412,988 CAD
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9148 Ivy Ln - Residential Development Opportunity
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