Where do you start on a property like this? This is truly a 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 (the landscaping around this home will be filled with fresh sod in a week or two). 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 venues, care facility, recovery facilities, the possibilities are endless with this truly one of a kind property.

  • MLS# PI18085308
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 1980
  • Days On Site 68
Bed(s) 14
Bath(s) 9 Full
SQ Feet 8,304
Garage 2
Story(s) 2 Story
Property View Yes
Listing Provided By:
Hal Sweasey  of  RE MAX Del Oro
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,900,000
346.84%
$649,000 in West of 101(1000)
this listing 8,304 SqFt
468.77%
1,460 SqFt in West of 101(1000)
this listing $349 $/SqFt
21.44%
$445 $/SqFt in West of 101(1000)
this listing 68 on site
871.43%
7 on site in West of 101(1000)

Location

State CA
County San Luis Obispo
City Arroyo Grande
Zip Code 93420
Area ARRG - Arroyo Grande
Community Name West of 101(1000)

Area Schools

School District Lucia Mar Unified

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