5488 New Mills Rd San Diego, CA $ 774,999
5488 New Mills Rd
$ 774,999
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5488 New Mills Rd

San Diego, CA, 92115
$ 774,999
Baths0.0

Monthly Estimate*

$ 4,835

Listed by Robcon Realty
5488 New Mills Rd, San Diego, CA 92115 - Image 1
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Studio

Lots and Land for sale in San Diego, CA

for $774,999. The lot size is 1.02.

Sellers are motivated - Article in Times of San Diego Nov 2025 highlight meaningful housing boom for SDSU neighborhood - https://timesofsandiego.com/politics/2025/11/24/san-diego-college-area-community-plan-housing-sdsu/. If College Area Community Plan is approved, this parcel has the potential to allow 5-9 dwelling units per acre. Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored via subdivision -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

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Lots and Land Active

Price

$ 774,999

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

1.02

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2407849

Days on Market

294

Features
General
Sewer None
Utilities Sewer Not Available
Zoning RS-1-7
HOA Fee 0
View Neighborhood Trees/Woods
Community Features Suburban
County San Diego
New Construction false
Property Type Land
HOA false
Special Listing Conditions Standard
Status Active
Directions I-8 East Freeway to Fairmount Ave exit. Take Montezuma Rd and 54th St to New Mills Rd
City San Diego
Senior Community Y/N false
MLS Area 92115 - San Diego
Lot Size Units Acres
Lot Size Square Feet 44431.2
Listing Terms Cash Conventional
Land Lease Y/N false
Additional Parcels Y/N false
Virtual Tour https://youtu.be/j33TuMbO4FA
Standard Status Active
Expected Active Date 2024-09-06
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Interior
Total Baths 0
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Exterior
Lot Features Cul-De-Sac
Water Source See Remarks
Total Parking 0
Lot Size Area 1.02
Lot Dimensions 1.02 acres
Lot Size Acres 1.02
Lot Size Source Public Records
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* Excluded Features
List By
Robcon Realty

Broker

hawkinsj@gmail.com

Email

Affordability Calculator

$4,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,835
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2025$774,999 -1.90% Price Down
11/26/2025$789,999 Listed Price

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5488 New Mills Rd, San Diego, CA, 92115 is a Lots and Land for sale at $774,999 with a lot size of 1.02. 5488 New Mills Rd is a studio with 0.0 baths. The property's zip code is 92115 which is in San Diego, CA