Where do you start on a property like this? This is truly a one of a kind property. Spread out on just under 11 acres stand 5 fully permitted single family homes. The original home is a 5 bedroom, 3 bath 3904 sqft home, with an attached 2 bedroom, 1 bath apartment that is included in the square footage. The secondary home is a 3 bedroom, 2 bath, 2500 home (all dirt around this home will be filled with fresh sod in a week or two). Then there are three additional homes spread out amongst the property. The first is a 1 bedroom, 1 bath, 400 sqft home. The second is a 2 bedroom, 1 bath, 900 sqft home. The third is a 1 bedroom, 1 bath, 600 sqft home. Check out the map in the pictures to see the rental income breakdown of all the homes and the total income generated on a yearly basis. Owners have a transfer development credit (TDC) on file with the county so the lot can be split in to two 5 acre parcels. And if split, will be allowed to still build two additional homes. One secondary unit on one and one primary unit on the other. Did I mention the views? Enjoy sweeping views of Laetitia Vineyards all the way to the Pismo Heights and Bishops Peak from three of the residents! The owners used to run an elderly care facility out of the original main 3904 sqft home. Wedding venues, care facility, recovery facilities, the possibilities are endless with this truly one of a kind property. *interior pictures to come shortly!*

  • MLS# PI18085347
  • Sub-Type Resale
  • Status Active
  • Year 1980
  • Days On Site 37
SQ Feet 8,304
Building(s) 1
Listing Provided By:
Graeme Baldwin  of  RE MAX Del Oro
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,900,000
298.90%
$727,000 in 93420
this listing 8,304 SqFt
344.78%
1,867 SqFt in 93420
this listing $349 $/SqFt
10.93%
$392 $/SqFt in 93420
this listing 37 on site
111.43%
17.5 on site in 93420

Location

State CA
County San Luis Obispo
City Arroyo Grande
Zip Code 93420
Area ARRG - Arroyo Grande

Loading Form

Real Estate Links Our Domains