5488 New Mills Rd
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5488 New Mills Rd

San Diego, CA 92115

$699,999

Lot Size

1.02 acres

Asking $/Acre

$686,277

Days on Market

149

Property Type

Land

HOA/mo

N/A

MLS ID

NDP2605795

This property is in San Diego (92115). View the San Diego land market →

About This Property

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 ryan@robconrealty.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

Location

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What a Buyer Will Check

Caution: hillside, no frontage

About 1.0 acres of vacant residential land on New Mills Rd in San Diego, zoned RS-1-7, single-family, 5,000 sq ft lots. The zoning allows about 4 homes (5,000 sq ft lots, on the ground under 25% slope). Most of it is steep: lidar puts the median slope at 29%, with 54% of it over 25%, and the soil survey calls it diablo-urban land complex, well drained, very limited for houses. It sits outside the flood zone and any fire zone.

From FEMA, USGS lidar, the USDA soil survey, CAL FIRE, SANDAG and county and city zoning, checked Nov 7, 2026. Public records, not a survey: confirm with the city or county before you buy.

Want to know more about this land or have questions?

Zoned Schools

  • Elementary

    Hardy Elementary · grades K-5 · San Diego Unified

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

  • High

    Henry High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Analysis Not Available

Land listings don't have rental income projections.