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Key Details
Sold Price $1,450,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SP20245924
Sold Date 12/28/20
HOA Y/N No
Lot Size 43.000 Acres
Acres 43.0
Property Description
A Once in a Lifetime opportunity to own a large piece of San Luis Obispo that touches the city limits! Sitting at the very northern end of Edna Valley is a 43 acre parcel planted fully in Pinot Noir. This scenic prime land offers a strong historical production of 4 tons/acre, but the location is unrivaled nearly touching San Luis Obispo City Limits and across the street from the SLO Airport. With the adjacent commercially zoned land selling for nearly $1,000,000/acre, this land comes in at a mere $34,000/acre, highlighting the upside potential. Subdividable into 20 acre parcels per zoning. AG Permitted uses include: Bed and Breakfast, Winery, Vineyard, Winery tasting room, Residence, Wedding Venue, Equestrian Use, Farm related sales and much more. The dream location to grow your business! With this much room and a location that's county, but right on top of the city, you can't get much closer to the action, or the long term inevitable expansion of the City of San Luis Obispo. Water easement for crops and backup water agreement, wind machine, and pumps for vineyard included. Production data of vineyard and more information available upon request. Purchase with MLS#SP20245925 for an 86 acre retreat!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning AG
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Electricity Available, None, Phone Available, Water Available
View Y/N Yes
View Hills, Mountain(s), Vineyard
Building
Lot Description 0-1 Unit/Acre, Ranch
Water Other, See Remarks
New Construction No
Others
Senior Community No
Tax ID 044041025
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Danny Sullivan • Sullivan & Associates Real Est
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