Greg Malik Real Estate
1688 Quiet Oaks Drive
Arroyo Grande, CA 93420

Description

This is truly a unique, one of a kind property! Situated on just under 11 acres stand 5 fully permitted single family homes. The original home features 5 bedrooms, 3 baths 3904 sq ft, with an attached 2 bedroom, 1 bath apartment which is included in the square footage. The secondary home features 3 bedrooms, 2 baths, 2500 sq ft. Three additional homes include a 1 bedroom, 1 bath, 400 sq ft home, a 2 bedroom, 1 bath, 900 sq ft home, and a 1 bedroom, 1 bath, 600 sq ft home. The map included in the photos provides the rental income breakdown for the homes and the total income generated on a yearly basis. Owners have a transfer development credit (TDC) on file with the county enabling the lot to be split into two 5 acre parcels. If split, 2 additional homes can be built; One secondary unit on one parcel, and one primary unit on the other. Enjoy sweeping views of Laetitia Vineyards all the way to the Pismo Heights from three of the residences! The original main home was formerly used as an elderly care facility. Wedding venue, care facility, recovery facility, the possibilities are endless!

Details

MLS#PI18085308
StyleHouse
Sub-TypeResale
StatusActive
Year1980
Days On Site246

Features

Bed(s)14
Bath(s) 9 Full
SQ Feet8,304
Garage2
Story(s)2 Story
Acreage10.88
Property ViewYes

Market Activity 93420

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Area Information

StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaARRG - Arroyo Grande
Community NameWest of 101(1000)
School DistrictLucia Mar Unified
Listing VS Median (in West of 101(1000))
Price:
$2,499,000
low | high
Med:
$795,000
100% of Average
SqFt:
8,304
low | high
Med:
2,378
100% of Average
$ / SqFt:
$301
low | high
Med:
$334
38.909642915198% of Average
On Site:
246
low | high
Med:
177
100% of Average
Listing Updated: 12/14/2018
MLS Number: PI18085308
Listing Provided By:
Hal Sweasey  of  RE MAX Del Oro
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