233 Hill Dr, Vista, California 92083, Vista, 92083 - 4 bed, 1 bath
ACTIVE$995,000
233 Hill Dr, Vista, California 92083
4Beds
1Bath
1,470Sqft
28,700Lot
Year Built
1953
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$677
HOA
-
Days on market
-
Sold On
-
MLS number
250041130SD
Home ConditionTear down
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $995.0K(80th), sqft - 1470(42th), beds - 4(55th), baths - 1(11th).
Development Opportunity in West Vista. 0.66 acres currently being split into two lots, 16,000 sq ft & 12,700 sq ft. The smaller lot has an existing home on piers, no slab. Each lot offers an excellent opportunity to build a custom home in a desirable area. Currently approved for 2 homes with ADUs around 4,000 sq ft. Next door is a nearly completed beautiful new home. Road easement can be adjusted to align with the new lot split line. Owner prefers to sell these lots with nearby listing 233 Hill Dr. Anticipated profit of both is around $10M. 227 Hill Dr is also available.
Nearby schools
5/10
Grapevine Elementary School
Public,•K-5•0.4mi
/10
Olive Elementary School
Public,•K-5•0.9mi
5/10
Temple Heights Elementary School
Public,•K-5•1.6mi
5/10
Madison Middle School
Public,•6-8•1.6mi
7/10
Rancho Buena Vista High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
10/08/25
Listing
$995,000
Condition Rating
Tear down
The property was built in 1953, making it over 70 years old. The MLS description explicitly markets it as a 'Development Opportunity' and the property analysis notes the 'Existing Structure Demolition' as a weakness, stating the 1953-built home 'suggests it's a tear-down.' The exterior images show a very dated and unmaintained structure, consistent with a property whose value lies solely in the land for redevelopment. There are no interior images, but given the context, it's highly improbable the interior, including kitchen and bathrooms, would be in anything but a dilapidated state, requiring complete demolition.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28700, living area = 1470.
Prime Development Opportunity: Explicitly marketed as a development opportunity with significant potential for new construction in a desirable area of West Vista.
Pre-Approved Lot Split & ADUs: The property is already approved for splitting into two lots, each allowing for a custom home and ADU (approx. 4,000 sq ft), significantly streamlining the development process.
Generous Lot Size: A substantial 0.66-acre (28,700 sq ft) lot provides ample space for the approved multi-unit development.
High Profit Potential: Anticipated profit of around $10M when combined with the adjacent listing, indicating a highly lucrative investment for developers.
Desirable Location & Schools: Situated in a desirable area of West Vista with good proximity to highly-rated schools, enhancing future property values and buyer appeal.
Cons
Existing Structure Demolition: The 1953-built home on piers with no slab suggests it's a tear-down, incurring demolition costs and requiring full site preparation for new construction.
Conditional Sale Preference: The owner prefers to sell this property in conjunction with a nearby listing, potentially complicating the transaction for buyers interested only in this specific parcel.
Substantial Investment Required: As a raw development opportunity, it demands significant capital outlay for construction and a considerable time commitment before generating returns.