557 S 10th, Grover Beach, CA 93433

$550,000
2
BD
1
BA
912
SqFt

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List Price
$550,000
Days on Market
39
Status
ACTIVE UNDER CONTRACT
MLS#
PI26133438
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
912
Lot Size (Acres)
0.26
Year Built
1949

Property Description

This single-story cottage, originally built in late 1940’s, features a straightforward 2-bedroom, 1-bathroom plus storage room. The existing home features tile flooring in the living area and kitchen, gray cabinetry, and a low-maintenance layout. The defining characteristic of this property is its large, level lot, which spans a remarkable 11,326 square feet. Finding a flat parcel of this magnitude in a beachside community is exceptionally rare, providing a footprint that drastically outsizes standard regional lots. The expansive open space surrounding the home, wide side yard, and vast rear yard offer a blank slate for potential development. Beyond the sheer size of the land, the property’s development potential is fully unlocked by its favorable Multi Family (R2) zoning designation. This zoning opens up a variety of future development pathways. Consult with the City of Grover Beach if your goal is to execute a complete multi-unit redevelopment or strategically build out across the massive parcel while keeping the original cottage, this unique property delivers the flexible zoning and rare land mass required to maximize your investment

Additional Information

Area
Grover Beach (GRVC)
Subdivision
Grover Beach (330)
Neighborhood
Grover Beach (330)
Stories
One Level
Acres
0.26
Interior Features
Utility Room
Flooring
Tile
Community Features
Gutter(s)
Heating
Wall Furnace
Utilities
Electricity Available, Natural Gas Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dick Keenan (RKeenanKCG@gmail.com) from Listing Office: NextHome Central Coast.

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.