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4.3 Acres Lot
$ 1,699,000
Est. payment | /mo
4.3 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Pr City Limits East(110)
MLS Listing ID NS21234433
HOA Y/N No
Lot Size 4.300 Acres
Property Description
Attention Developers and Investors! A rare find inside the city limits of Paso Robles to possibly develop 20 units in total, consisting of four triplexes and four duplexes right in the heart of the Creston Corridor. This well-located parcel is situated on +/- 5.5 Acres. As per the seller, this parcel has received entitlement from the city with permits prepared and ready to be paid for by the new buyer (subject to additional conditions) for the property buildout. The seller has spent over 2 years on planning, designing, revisions, attending public hearings and readying plans with local engineers and an architect. The plans for this property illustrate each unit consisting .of +/- 1248sqft, 3 bdrm/2ba with an open concept design. Additional amenities noted on the plans include kitchens offering an island, walk-in pantry, indoor laundry room, storage & balcony that may provide an additional +/- 300ft of storage space. The floor plan renderings offer a dramatically chic and upscale vibe utilizing wood, glass & metal finish. Located near grocery stores, schools, dining and a short walk to the historical downtown Paso Robles. Ask your agent for a property info packet that includes more detailed information. MLS# NS21228265 is also available offering similar renderings with a total 5 units, one triplex and one duplex, owner would prefer to sell both properties as a package.
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Zoning R2
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available None, Water Not Available
View Y/N Yes
View City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods
Building
Lot Description 2-5 Units/Acre
Water None
New Construction No
Others
Senior Community No
Tax ID 009541001
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Michelle Brown • Merrill & Associates Real Estate • 805-226-5500
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Mitch Stein
Partner | Lic# DRE# 02081632