UPDATED:
08/21/2024 03:43 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $392
MLS Listing ID PI24072234
Style Detached
Bedrooms 4
Full Baths 2
Construction Status Building Permit
HOA Y/N No
Year Built 1950
Lot Size 0.500 Acres
Acres 0.5
Property Description
**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Location
State CA
County San Luis Obispo
Area San Miguel (93451)
Interior
Interior Features Beamed Ceilings, Copper Plumbing Partial, Unfurnished
Heating Propane
Exterior
Exterior Feature Wood, Concrete
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Propane, Sewer Connected, Water Connected
View Neighborhood, Trees/Woods
Roof Type Asphalt
Building
Lot Description Corner Lot
Story 1
Lot Size Range .5 to 1 AC
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1 Story
Construction Status Building Permit
Others
Miscellaneous Value in Land
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878