0 Albert Way 091204065 Arroyo Grande CA 93420 MLS #NS25163846

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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&#39'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

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

Arroyo Grande Neighborhoods

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.

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