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Listed by Owen Schwaegerle • Keller Williams Realty Central Coast
$ 699,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
$ 699,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $635
MLS Listing ID CRSC25136113
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1940
Lot Size 0.298 Acres
Property Sub-Type Detached
Source Datashare California Regional
Property Description
Presenting a rare 12,949± SF lot zoned R-2-S (Medium-Density Residential), perfectly positioned for redevelopment or investment. This generous parcel currently features a charming 3-bedroom, 1-bath, 1,260± SF home along with a detached garage that includes an unpermitted guest studio—ideal for immediate rental income while planning your future build. According to city zoning guidelines (SLO Municipal Code Section 17.18.020), the lot allows for up to 4 residential units (or potentially 8 studio units based on density unit calculations in Section 17.70.040). Additional density bonuses may be available to maximize development potential. Property recently appraised for $875,000! This is a unique chance to secure a sizable infill lot with flexible development options in one of San Luis Obispo’s growth corridors. Whether you're an investor, builder, or developer, this property offers substantial upside potential in a strong rental and housing market. Contact us today for more details!
Location
State CA
County San Luis Obispo
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Pool None
View Hills
Private Pool false
Building
Story 1
Water Public
Schools
School District San Luis Coastal Unified
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