Active

109 S 3rd Street

Lompoc, CA 93436
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SqFt43,560

Sqft(Lot)

RE/MAX Commercial is pleased to offer the sale of a prime multifamily development parcel located at 109 South Third Street in Lompoc This one-acre site (Fidelity Passport Report), presents a compelling residential development opportunity in a well-established area of Southeast Lompoc. The property is zoned R-3 PD and is flat, level, and highly buildable with utilities readily available at the street--an ideal foundation for a thoughtful multifamily project. In 2021 the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes. The approved plan envisioned: 24 two-story residential townhome units with three bedrooms and two and one-half baths per unit and individual two-car garages. A cohesive Mission-inspired architectural design. Per 1/29/26 meeti ng with the City of Lompoc Planning department, planning entitlements are valid through June 17th, 2026. Map is valid until June 17th, 2027 with an additional 2-year extension available. Given the passage of time and evolving housing needs, buyer prospects are encouraged to engage directly with the City as well as the State new guidelines to explore additional density opportunities. The location enhances the appeal: Prime Southeast Lompoc setting with close proximity to West Ocean Avenue and Hwy 1. Convenient access to the medical district, nearby Hapgood Elementary School, and established residential surroundings with neighborhood continuity. About Lompoc and the region: Lompoc continues to gain attention as a coastal California community offering a rare balance of affordability, growth potential, and lifestyle appeal. Known for its open skies, agricultural roots, and proximity to the Pacific, the city benefits from regional drivers including Vandenberg Space Force Base, expanding medical services, and steady demand for quality workforce and family housing. Its location along the Central Coast places residents within reach of Santa Barbara, Santa Ynez wine country, and the rugged beauty of the Gaviota coastline. This offering represents a near turnkey development opportunity in a city that values smart growth and community-oriented development. Why wait? Explore the potential and start shaping Lompoc's next residential chapter today. Architectural information and more in private remarks. Buyer and Buyer's agent to verify all information with City of Lompoc.

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Detail Ic Property Details

Property Type : Land

Price : $975,000

AD Id : 74538730

MLS Id : PI26015240

Lot Size : 43,560 Sqft(Lot)

County : Santa Barbara

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  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1
  • Lot Size Source: Public Records Lot Size Square Feet: 43560

  • Listing Price Information

    Original List Price: 975,000 Listing Contract Date: 2026-01-23
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 085150047

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: LOMP - Lompoc Directions: Follow US-101 S, State Rte 135 S and CA-1 S to Purisima Rd in Lompoc, Follow Purisima Rd and CA-246 W to your destination Zoning: R3 Source Property Type: Land Area: LOMP - Lompoc
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1066 Drum Canyon, Lompoc, CA, 93436 $1,695,000 -- -- -- 2,916,342 Sqft(Lot)
7200 Hwy 1, Lompoc, CA, 93436 $13,000,000 -- -- -- 29,612,088 Sqft(Lot)
209 S 7th Street, Lompoc, CA, 93436 $180,000 -- -- -- 11,326 Sqft(Lot)
1407 N H Street, Lompoc, CA, 93436 $349,000 -- -- -- 20,473 Sqft(Lot)
La Purisima, Lompoc, CA, 93436 $650,000 -- -- -- 798,019 Sqft(Lot)

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ByOwner last updated this listing 06/05/2026 @ 17:38

MLS: PI26015240 LISTED BY: Michael Puhek, RE/MAX Success 805-481-9800 SOURCE: CRMLS

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