Bought with Stacia Shepherd • eXp Realty of Greater Los Angeles, Inc.
$475,000
$565,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,591 SqFt
SOLD DATE : 05/12/2025
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $298
MLS Listing ID CRPI24072234
Sold Date 05/12/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 0.500 Acres
Property Sub-Type Detached
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
Interior
Heating Wall Furnace, Propane
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View Trees/Woods, Other
Handicap Access Other
Private Pool false
Building
Lot Description Corner Lot, Level, Other, Flag Lot
Story 1
Foundation Slab
Water Public
Architectural Style Ranch
Schools
School District San Miguel Joint Union
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