$1,950,000
Est. payment /mo
0.48 Acres Lot
New
1253 E Grand Arroyo Grande, CA 93420
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI26122331
Lot Size 0.482 Acres
Property Sub-Type Lots/Land
Property Description
Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.
Location
State CA
County San Luis Obispo
Direction West of Elm Street, behind Pacific Western Bank on Grand Avenue.
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Electric, Natural Gas
View Y/N No
Others
Senior Community No
Tax ID 077141053
Acceptable Financing Cash
Listing Terms Cash
Listed by Vincent Allan, DRE#01421798 Allan Real Estate Investments
NEARBY SCHOOL & BUSINESS
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