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/. With College Area Community Plan approved, this parcel has the potential to allow 5-9 dwelling units per acre pending city approval of submitted plans. 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 ry**@**********ty.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
Property Details
Price:
$719,999
MLS #:
NDP2601111
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
92115sandiego
Listed Date:
Feb 3, 2026
Lot Size:
44,431 sqft / 1.02 acres (approx)
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- Address5488 New Mills Rd San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92115
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Market Summary
Property Summary
- 5488 New Mills Rd San Diego CA is a Land for sale in San Diego, CA, 92115. It is listed for $719,999 and features 1 acres. To schedule a showing of MLS#ndp2601111 at 5488 New Mills Rd in San Diego, CA, contact your Pacific Sotheby’s International Realty agent at 6193633000.
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