Presenting a prime infill development opportunity in the heart of Spring Valley, this ±1.99-acre site at 969–975 Gillespie Drive offers a rare chance for residential builders to capitalize on San Diego’s growing housing demand. Zoned Village Residential (VR-15), the property supports a wide range of residential development options including single-family homes, duplexes, townhomes, ADUs (both attached and detached), and stacked multifamily units. Preliminary calculations from Lightfoot Planning Group (April 2025) project the potential for 36 to 45 units through the application of the City’s Density Bonus Program. Strategically situated in a transit-oriented corridor, the property is within a 10-minute walk of two trolley stations and multiple bus lines, offering residents seamless connectivity to the greater San Diego region. The topography is generally level, with utilities on site including a fire hydrant at Gillespie and St. George. The area is already a vibrant residential hub, bordered by a middle school to the east, senior apartments to the south, and multiple multifamily complexes to the north—providing a strong foundation for community growth and integration. The property currently includes four existing structures—three of which are older rental homes providing interim i
MLS #
CRNDP2506916
MLS Source
California Regional MLS
Days on Site
4
Lot Description
Grade - Level
HOA Fee
$0
Zoning
LZ, LL, LV
Listing Agent
Jeff Kane
Coldwell Banker West
License #: 01915649
Phone: (760) 518-4900
Co-Listing Agent
Anthony Andaya
Coldwell Banker West
License #: 01793123
Phone: (858) 373-8429
969 985 Gillespie Dr is in Spring Valley, CA 91977. This Land is currently priced at $1,795,000.
This address can also be written as 969 985 Gillespie Dr, Spring Valley, CA 91977.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Jeff Kane, (760) 518-4900