340 Pleasant Way
San Marcos, CA 92069
$850,000
Welcome to 340 Pleasant Way - make this your home with opportunity to build additional homes or ADU's on the property per city allowances. Great multi-generational property zoned R-3-10. If you want a property that becomes more like a compound for you and your family to live in multiple homes on the same 12,182 square foot lot - this just may be your new home!!! In the longer term, you could potentially subdivide a portion of the land and sell it separately to pay for your construction costs for additional homes/ADU's. This property is also a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 ...
+ Read More| Listing Id: | NDP2610192 |
|---|---|
| List Price: | $850,000 |
| Property Type: | Residential |
| Property Sub Type: | Detached |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 1 |
| Living Area: | 725 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 12,182.0 |
| Waterfront?: | No |
| City: | San Marcos |
| County Or Parish: | San Diego |
| Postal Code: | 92069 |
| Year Built: | 1940 |
| Basement: | false |
| Bathrooms Total Integer: | 1 |
| Building Area Total: | 725.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Cooling: | N/K |
| Directions: | Mission to Pleasant Way |
| Elementary School District: | San Marcos Unified School Distri |
| Entry Level: | 1 |
| Fireplace Features: | N/K |
| High School District: | San Marcos Unified School Distri |
| Levels: | 1 Story |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.2797 |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | San Marcos Unified School Distri |
| Parcel Number: | 2200810200 |
| Photos Change Timestamp: | 2026-11-11T02:29:18Z |
| Pool Features: | N/K |
| Sewer: | Public Sewer |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories: | 1 |
| Stories Total: | 1 |
| View: | Neighborhood |
| Zoning: | R-3-10 |
| Sdmls Area Zip: | SAN MARCOS (92069) |
| Original List Price: | $850,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Miscellaneous: | Urban |
| Common Walls: | No Common Walls |
| Showing Instructions: | Contact Agent; don't show up at property; tenants live there with dogs - NO SHOWINGS without proof of pre-approval and funds for down payment or cash offer. |
| Listing Terms: | Cash, Conventional, FHA, VA |
| Showing Contact Type: | Agent |
| Year Built Source: | Assessor |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Assessments: | Unknown |
| Number Of Units In Community: | 1 |
| Parking Total: | 10 |
| Sdmls Geo Update Timestamp: | 2026-11-10T22:21:07.3 |
| Sdmls Full Address: | 340 Pleasant Way |
| Sdmls Parking Non Garaged: | 10.0 |
| Bedrooms Possible: | 2 |
| Sdmls Supplement Remarks: | Welcome to 340 Pleasant Way - make this your home with opportunity to build additional homes or ADU's on the property per city allowances. Great multi-generational property zoned R-3-10. If you want a property that becomes more like a compound for you and your family to live in multiple homes on the same 12, 182 square foot lot - this just may be your new home!!! In the longer term, you could potentially subdivide a portion of the land and sell it separately to pay for your construction costs for additional homes/ADU's. This property is also a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 corridor, Palomar College and California State University San Marcos. With favorable zoning in place, an existing residence capable of generating income throughout the entitlement period, and few comparable sites available in the submarket, 340 Pleasant Way should be valued as a development site rather than as a single-family home. |
| On Market Date: | 2026-11-10 |
Listing Courtesy of: Compass
Listing Agent: Timothy Feuling
858-750-9176
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San Diego MLS data last updated on November 11, 2026 07:00 AM - PT.
Property Last Updated: November 11, 2026 07:00 AM - PT
