$2,250,000
$2,850,000
21.1%For more information regarding the value of a property, please contact us for a free consultation.
0 Albert WAY Arroyo Grande, CA 93420
29 Sqft Lot
Key Details
Sold Price $2,250,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS25163846
Sold Date 11/26/25
HOA Y/N No
Lot Size 29 Sqft
Property Description
Investor's Dream Opportunity!
This expansive property consists of two legal parcels, one at appx. 29 acres and the other at appx. 11 acres for a total of approximately 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities.
Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you're looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential.
Don't miss this rare opportunity to capitalize on a unique development prospect in one of the region's most sought-after enclaves.
Give me a call for more information!
Location
State CA
County San Luis Obispo
Area Ag Mesa
Zoning RR
Interior
Fireplace No
Exterior
Community Features Biking, Hiking, Rural
Utilities Available Cable Available, Electricity Available, Propane, None, Phone Not Available, Sewer Not Available, Water Not Available
View Y/N Yes
View Trees/Woods
Present Use Unimproved
Building
Lot Description 36-40 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Rectangular Lot, Street Level
Water None
New Construction No
Others
Senior Community No
Tax ID 091204065
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Elden Goldsmith RE/MAX Success