The San Diego office of Shea Homes has purchased 3.13 acres of vacant land in Carlsbad for $4 million, with plans to build 10 single-family houses, according to brokerage firm Lee & Associates.
The seller of the property, at 1833 Buena Vista Way off Carlsbad Village Drive, was Robert Miles Living Trust of Carlsbad. The buyer and seller were represented by Lee & Associates’ Matt Weaver, Al Apuzzo and Patrick Miller.
At the time of Shea Homes’ purchase, the site held a fully approved, 10-lot tentative tract map, with a final map in the planning process. Brokers said the lots, in the city’s Olde Carlsbad neighborhood, range in size from 9,500 to 15,527 square feet, and some include ocean views.
Additional stories from the San Diego Business Journal are available here. Sign up for their free daily email newsletter.
