Thank you
Hannah Kraft
Invest SLO
805-295-2719
**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!
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Water Source : Public
Sewer : Public Sewer
Interior Features: Beamed Ceilings,Unfurnished,Unfinished Walls,All Bedrooms Down,Attic,Bedroom on Main Level
Windows: Wood Frames
Fireplace: None
Propane,Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1950
Building Area Total: 1,591
Construction: Concrete,Plaster,Wood Siding
Slab
Parking
None
None
Excellent Condition
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.5
Lot Size Source: Assessor
Lot Size Square Feet: 21780
Original List Price: 650,000
Listing Contract Date: 2024-03-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 021401008
Garage Description: Attached Carport,Covered,Driveway Level,Driveway,Gravel
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: SMIG - San Miguel
Postal Code Plus 4: 9126
Directions: Start on US 101 S, take exit 239A for Mission St, continue onto Mission St, turn right onto 11th St, the destination will be on the right.
Source Property Type: Residential Income
Area: SMIG - San Miguel
Property SubType: Single Family Residence
Property Age: 74
Common Walls: No Common Walls
Property Condition: Building Permit
Structure Type: Single Family Residence
Year Built Source: Estimated
Entry Level: 1
Entry Location: Front Door
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
71825 Vineyard Canyon R.., San Miguel, CA,93451 | $575,000 | -- | -- | -- | 6969600 Sqft |
4265 Nickel Creek Road, San Miguel, CA,93451 | $1,150,000 | 2 | 2 | 1,800 | 3447774 Sqft |
13095 River Bluffs Lane, San Miguel, CA,93451 | $245,000 | -- | -- | -- | 44431 Sqft |
13040 River Bluffs Lane, San Miguel, CA,93451 | $235,000 | -- | -- | -- | 43996 Sqft |
13060 River Bluffs Lane, San Miguel, CA,93451 | $265,000 | -- | -- | -- | 79715 Sqft |
13105 River Bluffs Lane, San Miguel, CA,93451 | $265,000 | -- | -- | -- | 44867 Sqft |
0 Vineyard Canyon Parce.., San Miguel, CA,93451 | $400,000 | -- | -- | -- | 6838920 Sqft |
74950 Oak Ave, San Miguel, CA,93451 | $200,000 | -- | -- | -- | 1742400 Sqft |
3250 Pleasant Road, San Miguel, CA,93451 | $2,100,000 | 3 | 2 | 2,178 | 3484800 Sqft |
77100 Douglas Road, San Miguel, CA,93451 | $750,000 | -- | -- | -- | 1312027 Sqft |
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ByOwner last updated this listing 05/13/2024 @ 05:51
MLS: PI24070264
LISTED BY: Hannah Kraft, Invest SLO
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.