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**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment???????????????????????????????????????? opportunity!
Last Updated | 8/13/2024 | Year Built | 1950 |
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Community | San Miguel | County | San Luis Obispo |
SCHOOLS
School District | San Miguel Joint Union |
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Price History
Prior to Aug 13, '24 | $650,000 |
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Aug 13, '24 - Today | $625,000 |
Additional Details
AIR | None |
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AREA | San Miguel |
CONSTRUCTION | Concrete, Plaster, Wood Siding |
GARAGE | Attached Carport, Covered, Driveway, Driveway Level, Gravel |
HEAT | Propane, Wall Furnace |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, Attic, Beamed Ceilings, Bedroom on Main Level, Breakfast Area, Unfinished Walls, Unfurnished |
LOT | 0.5 acre(s) |
LOT DESCRIPTION | 6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard |
PARKING | Attached Carport,Covered,Driveway Level,Driveway,Gravel |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Ranch |
UTILITIES | Cable Available,Electricity Connected,Natural Gas Available,Propane,Phone Available,Sewer Connected,Water Connected,Overhead Utilities, Electric: Electricity - On Property |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood,Trees/Woods |
WATER | Public |
Location
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