480 Rancho Vista Road, Vista, California 92083, Vista, 92083 - 3 bed, 2 bath

480 Rancho Vista Road, Vista, California 92083 home-pic-0
ACTIVE$1,995,000
480 Rancho Vista Road, Vista, California 92083
3Beds
2Baths
1,400Sqft
34,111Lot
Year Built
1930
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,425
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2504526
Home ConditionFair
Features
Good View: Hills, Mountain(s), Neighborhood, Peek-A-Boo, Valley, Trees/Woods
ViewHills, Mountain(s), Neighborhood, Peek-A-Boo, Valley, Trees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $2.00M(98th), sqft - 1400(36th), beds - 3(50th), baths - 2(50th).

This is a rare chance to acquire four adjacent, fully subdivided parcels in a highly desirable area of Vista. Ideally located just minutes from downtown Vista Village, with convenient access to shopping, dining, entertainment, and major freeways, this offering presents a wealth of potential for developers, investors, or end users. The total lot size across all four parcels is approximately 34,111 square feet (0.8 acres). The offering includes the following parcels: Parcel #179-090-42 – 10,442 SF, which includes an existing structure. Parcel #179-090-41 – 9,160 SF of vacant land. Parcel #179-090-43 – 6,699 SF of vacant land. Parcel #179-090-44 – 7,810 SF of vacant land. All four parcels are being sold together for a combined asking price of $1,995,000.The parcel with the existing home features a 3-bedroom, 2-bath residence of approximately 1,400 square feet, plus a detached ADU/guest house—ideal for extended family, rental income, or a home office. The main house boasts solid oak hardwood floors and an updated primary bedroom and bath, blending classic charm with modern comfort. Because the lots are already subdivided, there is potential to develop each parcel with a primary residence and an accessory dwelling unit (ADU), offering strong upside for multi-unit or multi-generational living scenarios. However, buyers are strongly advised to perform their own due diligence with the City of Vista regarding zoning, development potential, and allowable uses. This is an outstanding investment opportunity in a growing area with flexible development possibilities. Don't miss your chance to shape a unique project in one of North County's most dynamic communities.

Nearby schools

8/10
Breeze Hill Elementary School
Public,K-50.9mi
4/10
Hannalei Elementary School
Public,K-52.0mi
5/10
Madison Middle School
Public,6-81.7mi
3/10
Rancho Minerva Middle School
Public,6-82.3mi
7/10
Rancho Buena Vista High School
Public,9-122.1mi

Price History

Date
Event
Price
05/08/25
Listing
$1,995,000
Condition Rating
Fair

The property was built in 1930, making it quite old. While the description mentions 'solid oak hardwood floors' and an 'updated primary bedroom and bath,' there is no information or imagery provided for the kitchen or other bathrooms, which are key assessment areas. The listing also notes a 'weakness' regarding the 'Age of Existing Structures,' stating that 'older properties can present challenges such as outdated infrastructure, higher maintenance costs, or unforeseen repair needs.' This suggests that despite some updates, the property likely has outdated components beyond the primary suite and may require minor updates or repairs to meet current standards. The provided image is an aerial parcel map and offers no insight into the interior condition.
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 = 34111, living area = 1400.
Exceptional Development Potential: Comprises four adjacent, fully subdivided parcels, offering significant upside for multi-unit or multi-generational development, with potential for a primary residence and ADU on each lot.
Strategic Location: Situated in a highly desirable area of Vista, providing convenient access to downtown amenities, shopping, dining, entertainment, and major freeways, enhancing future value and marketability.
Immediate Income/Flexible Living: Includes an existing 3-bedroom, 2-bath main residence and a detached ADU/guest house, offering immediate rental income potential or versatile multi-generational living arrangements.
Substantial Land Area: A generous total lot size of approximately 34,111 square feet (0.8 acres) across the four parcels provides ample space for current use and future development.
Charming & Updated Existing Home: The main house features classic solid oak hardwood floors and an updated primary bedroom and bath, blending historical charm with modern comfort, appealing to potential residents or tenants.

Cons

Extensive Due Diligence Required: The property's significant development potential is contingent on thorough buyer due diligence with the City of Vista regarding zoning, development potential, and allowable uses, which can introduce uncertainty and additional costs.
Age of Existing Structures: The main house was built in 1930, and while partially updated, older properties can present challenges such as outdated infrastructure, higher maintenance costs, or unforeseen repair needs that may require substantial investment.
High Initial Investment: The combined asking price of $1,995,000 for the four parcels represents a substantial upfront investment, which, coupled with future development costs, may narrow the pool of potential buyers to well-capitalized developers or investors.

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