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Listed by Vincent Allan • Allan Real Estate Investments
$1,950,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI-26122331
Lot Size 0.482 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.
Location
State CA
County San Luis Obispo
Area Ag-West Of Hwy 101
Zoning Gateway Mixed Use
Exterior
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N Yes
Building
Lot Description Level, Rectangular Lot
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900