$900,000
$975,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
20.24 Acres Lot
SOLD DATE : 12/01/2021
Key Details
Sold Price $900,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Pr Rural West(250)
MLS Listing ID NS21196028
Lot Size 20.240 Acres
Property Description
Arguably the most highly sought area in North County - a beautiful parcel along Vineyard Drive, just over a mile off of Highway 46 West. This 20 +/- acre parcel has paved road frontage on Vineyard Dr. The front, nearly 10 acres of the parcel, is usable with a gentle southern slope. There is a seasonal creek in the middle of the property with nearby Bay Laurel and Coast Live Oak groves. The back of the parcel enjoys a substantial elevation gain and has great views. This parcel is in the respected Paso Robles Willow Creek District AVA and is NOT affected by the Paso Robles Water Basin planting moratorium. The parcel is zoned AG. This property was contracted into the Williamson Act for lower taxes as part of a larger ranch over 40 years ago, but is now being sold as a rare 20 +/- acre parcel. That makes it NONCOMPLIANT with the Williamson Act contract. Sellers are starting the nonrenewal process. Buyer to thoroughly investigate the potential significant liabilities of this situation. The latest interpretation from SLO County is that the parcel cannot have a residence built until it is removed from the Williamson Act (about a 10 year process). In the meantime, a buyer can use it as a vineyard site, weekend recreation property, etc. while they plan their future home.
Location
State CA
County San Luis Obispo
Area Prnw - Pr North 46-West 101
Zoning AG
Exterior
Fence Partial
Community Features Rural, Valley
Utilities Available None, SewerNotAvailable, WaterNotAvailable
View Y/N Yes
View Hills
Building
Lot Description Agricultural, HorseProperty, Ranch
Sewer None
Water None
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Paul Shannon • Pacifica Commercial Realty