FOR SALE: Fully-approved, mixed-use development. Multi-family, Retail, Vacation rentals. 5.19 Acres. Seven Parcels. Fully-Entitled. Shovel-ready project.
Dove Creek is a fully-approved, shovel-ready mixed-use development opportunity on California’s Central Coast — a 5.19-acre site located one block from Highway 101 on Atascadero’s main commercial corridor, El Camino Real. Positioned between the Paso Robles and San Luis Obispo wine regions and the Pacific Ocean, the region offers a strong tourism and housing market with high demand for retail and hospitality. Local demand continues to grow for dining, entertainment, and visitor accommodations, and the highest per-capita incomes in the county, Atascadero remains underserved for retail.
5.19 ACRES
71 RESIDENTIAL CONDOS
20 VRBO / HOTEL ROOMS
14,840 SF RETAIL
7 PARCELS (VTTM)
The site is midway between San Francisco and Los Angeles, and just a 15-minute drive to the City of San Luis Obispo. The area draws consistent visitor traffic from more than 250 area wineries, year-round outdoor recreation, and a thriving tourism economy. Dove Creek offers the opportunity to deliver a transformative, walkable mixed-use destination.
Residential Condominiums:
71 units (one- and two-bedroom), designed for both long-term rental and condominium sales.
Vacation Rental / Hotel:
20-room VRBO / hotel offering with kitchens — purpose-built for region’s thriving hospitality market, capturing wine country and coastal tourism demand.
Commercial Retail
14,840 square feet across four buildings. Community seeks dining, entertainment, and specialty retail.
Entitlement
— Vesting Tentative Tract Map:
7 parcels, airspace subdivision,
residential & commercial
— Fully city-approved
— Development flexibility across
multiple parcels offers phasing
The approved master plan organizes seven residential and commercial buildings around a central pedestrian spine, farmer’s-market plaza, and structured parking — creating a walkable, village-scale destination anchored by El Camino Real frontage.
Dove Creek is a fully-approved, shovel-ready mixed-use development opportunity on California’s Central Coast — a 5.19-acre site located one block from Highway 101 on Atascadero’s main commercial corridor, El Camino Real. Positioned between the Paso Robles and San Luis Obispo wine regions and the Pacific Ocean, the region offers a strong tourism and housing market with high demand for retail and hospitality. Local demand continues to grow for dining, entertainment, and visitor accommodations, and the highest per-capita incomes in the county, Atascadero remains underserved for retail.
5.19 ACRES
71 RESIDENTIAL CONDOS
20 VRBO / HOTEL ROOMS
14,840 SF RETAIL
7 PARCELS (VTTM)
The site is midway between San Francisco and Los Angeles, and just a 15-minute drive to the City of San Luis Obispo. The area draws consistent visitor traffic from more than 250 area wineries, year-round outdoor recreation, and a thriving tourism economy. Dove Creek offers the opportunity to deliver a transformative, walkable mixed-use destination.
Residential Condominiums:
71 units (one- and two-bedroom), designed for both long-term rental and condominium sales.
Vacation Rental / Hotel:
20-room VRBO / hotel offering with kitchens — purpose-built for region’s thriving hospitality market, capturing wine country and coastal tourism demand.
Commercial Retail
14,840 square feet across four buildings. Community seeks dining, entertainment, and specialty retail.
Entitlement
— Vesting Tentative Tract Map:
7 parcels, airspace subdivision,
residential & commercial
— Fully city-approved
— Development flexibility across
multiple parcels offers phasing
The approved master plan organizes seven residential and commercial buildings around a central pedestrian spine, farmer’s-market plaza, and structured parking — creating a walkable, village-scale destination anchored by El Camino Real frontage.
Property Details
Price:
$5,500,000
MLS #:
NS26176460
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
atscatascadero
Listed Date:
Aug 27, 2026
Total Sq Ft:
226,076
Lot Size:
226,076 sqft / 5.19 acres (approx)
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Financial
Map
Community
- Address11600 El Camino Real Atascadero CA
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Subdivisions in Atascadero
Market Summary
Current real estate data for Commercial in Atascadero as of Aug 29, 2026
21
Commercial Listed
172
Avg DOM
$1,267,048
Avg List Price
Property Summary
- 11600 El Camino Real Atascadero CA is a Commercial for sale in Atascadero, CA, 93422. It is listed for $5,500,000 To schedule a showing of MLS#ns26176460 at 11600 El Camino Real in Atascadero, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.11600 El Camino Real
Atascadero, CA