1253 E Grand Avenue, Arroyo Grande, CA 93420

$1,950,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,950,000
Days on Market
40
Status
ACTIVE
MLS#
PI26122331
Lot Size (Acres)
0.4824

Property Description

Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.

Additional Information

Area
West of Hwy 101 (AG)
Acres
0.48
Community Features
Street Lights, Sidewalks
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Vincent Allan (vincent@allanrealestate.com) from Listing Office: Allan Real Estate Investments.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.