650 11th Street new

San Miguel,CA 93451

$ 625000

4 Beds

2 Baths

1591 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,591 sqft

Price per Sqft $392

MLS Listing ID PI-24072234

Style Ranch

Bedrooms 4

Full Baths 2

Year Built 1950

Lot Size 0.500 Acres

Property Description

**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 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!

Location

State CA

County San Luis Obispo

Interior

Interior Features Beamed Ceilings,Copper Plumbing Partial,Unfinished Walls,Unfurnished

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Garage Attached Carport,Covered,Driveway

Pool None

Community Features Biking

Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Natural Gas Available,Phone Available,Propane

View Y/N Yes

View Trees/Woods

Building

Lot Description Corner Lot,Flag Lot,Front Yard,Level,Level with Street,Lot 20000-39999 Sqft,Rectangular Lot,Utilities - Overhead,Value In Land,Yard,6-10 Units/Acre,Back Yard

Sewer Other,Public Sewer

View More
Favorite Go Tour