Executive Summary PROPERTY OVERVIEW Located in the hills of Alpine in the County of San Diego, this 152 large lot single family development will be ready for development in 2022. The site is located just south of the existing Rancho Palo Verde community and is bordered by Cleveland National Forest on three sides. This community has some of the best lots left in San Diego County with views of the Pacific Ocean on a clear day. The property contains eight lots that have water front access to Palo Verde Lake. Palo Verde Lake is an approximate 65 acre lake with Palo Verde Lake Clubhouse, beach volleyball, diving platforms, boat slips, and a sandy beach on the west end of the lake. Lots ranging from 2 - 33 Acres Entitlement Status: • Approved Final Map • Permit ready upon submittal of construction drawings • Environmental Approvals: Completed Upon signing NDA, qualified buyers will be provided access to the complete Due Diligence Folder. • LOCATION: Alpine, San Diego County, CA • PRODUCT TYPE: Large Lot Estate • TOTAL SITE AREA: ±584 Acres • LOT COUNT: 152 lots • PRICE: $18,000,000 • ENTITLEMENTS: Approved final map • ESTIMATED IMPROVEMENT COST: $218,645/Lot • PROPERTY CONDITION: Unimproved • SCHOOL DISTRICT: Alpine Union School District