Listed by Michelle Brown, Merrill & Associates Real Estate,

420 Creston Road

Paso Robles, CA, 93446

$1,899,000

$1,899,000
Active Under Contract
Active Under Contract
 - For Sale
property_type
Land
Attention Developers and Investors! A rare find inside the city limits of Paso Robles to possibly develop 20 units in total, consisting of four triplexes and four duplexes right in the heart of the Creston Corridor. This well-located parcel is situated on +/- 5.5 Acres. As per the seller, this parcel has received entitlement from the city with permits prepared and ready to be paid for by the new buyer (subject to additional conditions) for the property buildout. The seller has spent over 2 years on planning, designing, revisions, attending public hearings and readying plans with local engineers and an architect. The plans for this property illustrate each unit consisting .of +/- 1248sqft, 3 bdrm/2ba with an open concept design. Additional amenities noted on the plans include kitchens offering an island, walk-in pantry, indoor laundry room, storage & balcony that may provide an additional +/- 300ft of storage space. The floor plan renderings offer a dramatically chic and upscale vibe utilizing wood, glass & metal finish. Located near grocery stores, schools, dining and a short walk to the historical downtown Paso Robles. Ask your agent for a property info packet that includes more detailed information. MLS# NS21228265 is also available offering similar renderings with a total 5 units, one triplex and one duplex, owner would prefer to sell both properties as a package.
MLS® ID:
NS21234433
Listed:
10/25/21
Updated:
2/8/23

Exterior/Building Features

Lot Size
5.5 acres lot
Lot Details
2-5 Units/Acre

Other Property Details

Area Name
PRIC - PR Inside City Limit
Association Amenities
Curbs, Street Lights, Sidewalks
Garage
No
Parking
N
View
Y
County
San Luis Obispo
Utilities
None, Water Not Available
Water Source
None
Pool
No
Zoning
R2
Buyer Agency Compensation
2.250

Property History

Date
Event
Price
Value
12/1/22
Active Under Contract
-
-
6/24/22
Price Change
$1,899,000
-5%
1/2/22
Price Change
$1,999,000
-16%

Listed by Merrill & Associates Real Estate, Michelle Brown,
Listing Contact: 805-226-5500 

Based on information from California Regional Multiple Listing Service, Inc. as of 2/8/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:06 PM UTC, 2/8/23

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