Investor’s Dream Opportunity!
This expansive property consists of two legal parcels totaling 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities.
Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you''re looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential.
Don’t miss this rare opportunity to capitalize on a unique development prospect in one of the region’s most sought-after enclaves.
Give me a call for more information!
This expansive property consists of two legal parcels totaling 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities.
Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you''re looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential.
Don’t miss this rare opportunity to capitalize on a unique development prospect in one of the region’s most sought-after enclaves.
Give me a call for more information!
Property Details
Price:
$2,850,000
MLS #:
NS25163846
Status:
Active
Baths:
0
Address:
0 Albert Way 091204065
Type:
Land
Neighborhood:
agmesa
City:
Arroyo Grande
Listed Date:
Jul 16, 2025
State:
CA
ZIP:
93420
Lot Size:
1,274,130 sqft / 29.25 acres (approx)
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Exterior
Community Features
Biking, Hiking, Rural
Lot Features
36-40 Units/ Acre, Corner Lot, Level with Street, Lot Over 40000 Sqft, Rectangular Lot
View
Trees/ Woods
Water Source
None
Financial
Association Fee
0.00
Utilities
None, Cable Available, Electricity Available, Phone Not Available, Propane, Sewer Not Available, Water Not Available
Map
Community
- Address0 Albert Way 091204065 Arroyo Grande CA
- AreaAG Mesa
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
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Courtesy of RE/MAX Success. 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 2025. California Regional Multiple Listing Service. All rights reserved.0 Albert Way 091204065
Arroyo Grande, CA
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