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263 W Foothill Boulevard

San Luis Obispo, CA 93405
  • $9,000,000
  • STATUS: Active
  • ON SITE: 768 Days
  • ID#: PI20132933
UPDATED: 40 min ago
$9,000,000
  • 0
    BEDS
  • 360
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Jason Hart of Hart Commercial Real Estate (805-481-9010)


Description

The historic Alex Madonna-Alberti Ranch is centered in one of the most prime parts of the Central Coast of California, San Luis Obispo. The ranch is nestled between the base of Cerro San Luis along the northern property line and encompasses a portion of Laguna Lake to the southeast section. Cerro San Luis Obispo, or commonly referred to as Madonna Mountain, is a member of the or Nine Sisters, a chain of prominent volcanic peaks stretching east from Morro Bay.A stream runs along the foothill frontage of the property with several intermittent streams running from Cerro San Luis to the lake. The ranch is only 10 miles from Avila Beach to the south, 10 miles from Morro Bay Beach to the west, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo. This is an unparalleled opportunity for an astute buyer looking for a ranch with a wealth of possibilities located in the heart of the Central Coasts gem. Owner may consider a Joint Venture as well.The ranch is comprised of 4 APNs and 7 parcels with recorded certificates of compliance. The ranch offers a new buyer the chance to reconfigure the parcels into a variety of layouts through lot line adjustments, versus having to go through a lengthy mapping process. The property is not in the Williamson Act which could allow for potential future development, most likely as part of a rezone and an annexation into the city. The ranch and surrounding properties are within the Citys Sphere of Influence Area 9.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T21:30:46.053. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
www.mckeeregroup.com/homes/107592686
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263 W Foothill Boulevard San Luis Obispo, CA 93405

  • Price: $9,000,000
  • Status: Active
  • On Site: 768 Days
  • Updated: 40 min ago
  • ID#: PI20132933
0
Beds
0
Baths
0
½ Baths
360
Acres
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
The historic Alex Madonna-Alberti Ranch is centered in one of the most prime parts of the Central Coast of California, San Luis Obispo. The ranch is nestled between the base of Cerro San Luis along the northern property line and encompasses a portion of Laguna Lake to the southeast section. Cerro San Luis Obispo, or commonly referred to as Madonna Mountain, is a member of the or Nine Sisters, a chain of prominent volcanic peaks stretching east from Morro Bay.A stream runs along the foothill frontage of the property with several intermittent streams running from Cerro San Luis to the lake. The ranch is only 10 miles from Avila Beach to the south, 10 miles from Morro Bay Beach to the west, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo. This is an unparalleled opportunity for an astute buyer looking for a ranch with a wealth of possibilities located in the heart of the Central Coasts gem. Owner may consider a Joint Venture as well.The ranch is comprised of 4 APNs and 7 parcels with recorded certificates of compliance. The ranch offers a new buyer the chance to reconfigure the parcels into a variety of layouts through lot line adjustments, versus having to go through a lengthy mapping process. The property is not in the Williamson Act which could allow for potential future development, most likely as part of a rezone and an annexation into the city. The ranch and surrounding properties are within the Citys Sphere of Influence Area 9.
Exterior Features

Horse Amenities Riding Trail Lot Features Ranch View HillsLakeMountain(S) View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features FoothillsHorse TrailsLakeRural Land Lease YN No Listing Agreement Exclusive Right With Exception Listing Service Full Service Listing Terms Cash To New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source See Remarks Zoning Ag



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T21:30:46.053. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
 
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Realty Masters & Associates
6891 Brockton Ave.
Riverside CA, 92506
Listing Agent(s): Jason Hart of Hart Commercial Real Estate (805-481-9010)