10.87 acres of Prime Land Development Opportunity Located at Harmon Ranch on Oak Knoll
San Diego, Calif., October 30, 2024 – Colliers announces it has successfully facilitated the $24.5 million sale of Harmon Ranch on Oak Knoll, a premier land development site in Poway, CA. Colliers Senior Vice President Ciara Trujillo, Senior Executive Vice President David Santistevan and Vice President Erin McKinley brokered the deal on behalf of the Sellers, Susan Lynn Roschke and Sherry Anne Urena, Successor Trustees of the Harmon Family Trust Agreement.
Harmon Ranch encompasses approximately 10.87 acres and is fully approved for 64 single-family homes. “The Seller carefully selected Lennar Homes because of their thoughtful and considerate plan to provide 64 homes to the City of Poway,” said Trujillo. “We are excited to see this development come to life.”
Poway, known as ‘The City in the Country,’ offers a diverse range of housing options, making it an attractive destination for both families and individuals. The community features an outstanding school district and a thriving business park with over 19,000 jobs. The area also includes beautiful parks and over 82 miles of trails and hosts approximately 50 community events each year.
Located at 12624, 12650 and 12702 Oak Knoll Road, this property provides convenient access to a variety of local hotspots in the city, including restaurants, gyms, car dealerships and shopping centers. Additionally, Harmon Ranch is less than a 30-minute drive from downtown San Diego and within a two-hour drive from Los Angeles and Riverside, making it a prime location for urban convenience and suburban comfort.
About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 68 countries, our 22,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of more than $4.4 billion and $96 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
