Listed by Jason Hart, Hart Commercial Real Estate,

0 Ontario Road

Avila Beach, CA, 93424

$5,500,000

$5,500,000
Active
Active
 - For Sale
property_type
Land
Price reduced $1.5M! Located in the beautiful gateway to Avila Beach, the Cerros Avila project is an amazing opportunity for a developer looking for a project with highly desirable home sites that can get underway very soon. The Final Tract Map #3117 is ready for recordation for 22 residential parcels ranging in size from 0.3 to 1 acre and 1 non-buildable open space parcel. The seller would like to retain Lot 7 at close of escrow for his own residence, resulting in a net of 21 buildable lots. Cerros Avila offers views of Squire Canyon and the surrounding hills of Avila Valley with large but manageable lot sizes. The site plan is designed to maximize the amount of single story residences, which should result in more marketable, higher priced homes. ENTITLEMENT SUMMARY • Final Tract Map #3117 approved and ready to record • CEQA approval through a mitigated negative dec • Draft working house plans • PG&E preliminary design completed and deposits paid • Wastewater seepage pits drilled and developed • Property features a high producing on-site well for landscape irrigation HIGHLIGHTS • Final map is signed off and improvements plans are close to final approval • Located in the beautiful gateway to Avila Beach • Large lots designed for high end single level residences • Lots with various options from mountain views to more secluded sites • Gated development with two private drives See brochure for additional details.
MLS® ID:
PI22109530
Listed:
5/22/22
Updated:
10/7/22

Exterior/Building Features

Lot Size
22.74 acres lot
Lot Details
0-1 Unit/Acre

Other Property Details

Area Name
699 - Not Defined
HOA Amenities
Foothills
Garage
No
Parking
N
View
Y
County
San Luis Obispo
Utilities
See Remarks
Water Source
See Remarks
Pool
No
Zoning
RS

Property History

Date
Event
Price
Value
8/24/22
Price Change
$5,500,000
-20%
6/27/22
Price Change
$6,950,000
-12%

 

Courtesy of Hart Commercial Real Estate, Jason Hart,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 10/7/22. 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.

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Data last updated 3:26 PM UTC, 10/7/22

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