$3,950,000

1490 Southwood Drive

San Luis Obispo CA, 93401

Description

Build houses, townhomes, condos, or apartments. A 1.6 acre lot in a fantastic location of San Luis Obispo. Zoned R2 which would allow for approx. 20 homes or apartment units, however per owner in discussions with the city they are receptive to an exception or rezone that would allow up to 30-homes on the lot, and mixed use with retail also a possibility. Zoning also allows for a community building such as a Church and a Senior Living Facility. Unlike other baron vacant lots with new housing going up, this development parcel comes with mature and attractive landscaping, also boasts best area in town for weather. Owner will look at any and all offers.

Details

MLS#SP21024499
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2021
Days On Site131

Features

Units30
ZoningR2
Acreage1.60
Golf CourseN
Water FrontNo
Property ViewMountains

Market Activity 93401

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$3,950,000
low | high
Med:
$819,900
100% of Average
On Site:
131
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: June 14, 2021 12:22:49 PM PDT
Kevin King LogoMLS Number: SP21024499
Listing Provided By:
Kevin King  of  King Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.