Description

635 Pine Avenue is a fully entitled land offering in Carlsbad, CA, positioned for a four-townhome residential development. The 0.19-acre property gives a residential developer a defined project direction rather than a site whose intended use remains open.

The property totals 9,450 SF and is identified by APN 204-082-01. Its fully entitled status and designated highest and best use put the development plan at the center of this offering. For a buyer focused on a townhome project, the appeal is the alignment between the parcel’s intended use and its entitlement status. The site’s scale also keeps the proposed development focused: the opportunity is framed around four townhomes, not a larger residential program. Those facts give a developer a clear basis for judging how the land fits its project pipeline.

The asking price is $2,800,000, with pricing also expressed as $700,000 per unit, $336.30 PSF and $14,659,686 per acre. Each measure gives a buyer a different way to compare the acquisition with its plans for the entitled development. The central question is whether a four-townhome project on this Carlsbad parcel fits the buyer’s construction and sale strategy at that basis. For a developer seeking an entitled residential site, 635 Pine Avenue offers a defined project and a clear acquisition price.