**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with… Read More grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity! Read Less
Property listed by Invest SLO, Hannah Kraft 805-478-0892
Listing Snapshot
Days Online
218
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,591
Lot Size
0.5 Acres
Year Built
1950
MLS Number
PI24072234
30 Days Snapshot Of 93451
$508k
-43%
(avg) sold price
2
+100%
homes sold
43
-69%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Levels: One, Living area: 1591, 1 story, Architectural style: Ranch, Common walls: NoCommonWalls, Construction materials: Concrete, Plaster, WoodSiding
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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