The 6.54-acre parcel of vacant land at 2495 San Clemente Ave., Vista, has been sold for $1.38 million, cash.
The buyer was Galey Homes Inc., 171 Saxony Road, Suite 101, Encinitas 92024.
The sellers of the property (assessor’s parcels 178-070-79 through 88) were Bruce C. Smith and Lynn A. Kraft-Smith, trustee of the Lynn A. Kraft-Smith Trust.
Al Apuzzo, Matt Weaver and Patrick Miller of Lee & Associates–North San Diego County represented the seller and the buyer.
The property has a 10-lot final map and the buyer will likely sell homes for $700,000 to $800,000.
“The site is well located and ready to build on,” said Weaver. “We had considerable interest in the property despite there being only 10 buildable lots. The location warranted the interest we received.”