Greg Malik Real Estate

This is a Variable Range Marketing (VRM) listing, Seller will Entertain offers between $1,545,000 and $1,794,876. This is one of the last Great Opportunities to build 26 New homes in Oceano! Where else on the Coast can you buy an opportunity this big less than a mile from the Ocean at less than $70,000 a lot? This is prime land with so much potential! Build single level to two story homes with rooftop decks that would probably have Ocean views! Oceano is City that basically still has not been discovered, it is slowly growing and is ready to explode! County of San Luis Obispo states that you can build 15 homes per acre, this Flat lot is 1.768 acres which translates to 26.52 new homes. See aerials and video for a good understanding of the location and this amazing opportunity to develop something incredible! There is currently a Single Family residence, a garage and a storage building on the property that could be rented while in the permit process. There is a well in the back left corner of the lot. Sellers are motivated! Call your Realtor today before this amazing opportunity is gone!

  • MLS# PI18069699
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 1940
  • Days On Site 146
Bed(s) 3
Bath(s) 2 Full
SQ Feet 1,250
Garage 2
Story(s) 1 Story
Property View Yes
Listing Provided By:
Kevin Jones  of  Realty Professionals
Looking South West the Ocean is less than a mile away!
Newer construction nearby would be a great compliment to have a new project here.
Looking West this is an Amazing Opportunity!
Looking North West into Pismo and Avila
Big retangular shaped lot, perfect opportunity!
A good perspective of the development opportunity here!
Looking East into Oceano, Grover and Arroyo Grande
Another perspective of the great opportunity of this amazing lot!
Looking back at Belridge Street and into Oceano
Topography of the lot is screaming for you to develop this property, call your Realtor today!
Close up of the current residence, Garage and Storage behind Garage
Entering in from the drriveway, there is a well in the back left hand corner. No reports.
this listing $1,794,876
220.83%
$559,450 in Oceano(350)
this listing 1,250 SqFt
27.39%
1,722 SqFt in Oceano(350)
this listing $1,436 $/SqFt
338.96%
$327 $/SqFt in Oceano(350)
this listing 146 on site
873.33%
15 on site in Oceano(350)

Location

State CA
County San Luis Obispo
City Oceano
Zip Code 93445
Area OCNO - Oceano
Community Name Oceano(350)

Area Schools

School District Lucia Mar Unified

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