$550,000
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. Situated in a central neighborhood within San Luis Obispo County. 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
Listed by Dick Keenan with NextHome Central Coast (805) 773-7777
Property Type
Single Family Residence
Status
Active
MLS Number
PI26133438
Year Built
1949
Lot Size
0.26 acres
