This ±2.69-acre Capistrano Drive site in Oceanside presents a rare coastal development opportunity less than a half-mile from the Pacific Ocean and within easy walking distance of Downtown Oceanside. The property comprises four contiguous parcels with buildable area primarily concentrated on the northern portion, offering a practical development footprint adjacent to established neighborhoods. The southern edge of the site is enhanced by the San Luis Rey River corridor and an existing trail network that connects under I-5 and leads directly toward Oceanside Beach, creating a highly desirable lifestyle setting. With curb, gutter, and sidewalk already in place along Capistrano Drive and utilities nearby, the property is well-positioned for efficient future development.