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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,699,000

Est. payment - /mo

4.3 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Pr City Limits East(110)

MLS Listing ID NS21234433

HOA Y/N No

Lot Size 4.300 Acres

Property Description

RARE DEVELOPMENT OPPORTUNITY IN THE HEART OF PASO ROBLES! Located within the city limits and situated on 4.3±
acres in the desirable Creston Corridor, this property offers a unique opportunity with currently entitled plans for a 24-unit residential development. The property received City of Paso Robles approval/entitlement on 3/17/2026 for a 12-duplex development consisting of 24 total residential units, with each unit 1,700± sq. ft., featuring 4 bedrooms, 2 bathrooms and a 2-car garage. The current entitlement represents a significant evolution from the property's original development concept. Earlier plans contemplated a 20-unit project consisting of four triplexes and four duplexes; however, those plans have been superseded by the currently entitled 24-unit project. Buyer to verify all plans, entitlements, conditions, permits and development requirements with the City of Paso Robles. More than two years have been invested in planning, design, revisions, engineering, architectural work and public hearings. The property is ideally located near grocery stores, schools, dining and just a short walk to historic downtown Paso Robles.

Location

State CA

County San Luis Obispo

Area Pric - Pr Inside City Limit

Zoning R2

Interior

Fireplace No

Exterior

Fence None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available None, Water Not Available

View Y/N Yes

View City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods

Building

Lot Description 2-5 Units/Acre

Water None

New Construction No

Others

Senior Community No

Tax ID 009541001

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Michelle Brown Merrill & Associates Real Estate 805-226-5500, DRE #01455656

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

420 Creston RD Paso Robles, CA 93446

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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420 Creston RD