5502 Los Ranchos Road
San Luis Obispo, CA 93401

Description

With impressive views of California Edna Valley vineyards & rolling hills, this shovel ready development sits on 299 ac with 13 luxury estate sites & 153-acre income-producing vineyard. Offering panoramic vistas & stunning sunsets with the iconic 7 Sisters peaks as your backdrop, the site is adjacent to San Luis Country Club Estates gated community & private golf course. Enjoy the tranquility of rural wine country living, while being just minutes from charming downtown San Luis Obispo. The 13 luxury home sites are approx 1 ac parcels each with future utilities available including municipal water, natural gas, PG&E & sewer. Majority of vineyard is leased, producing a variety of highly desirable Edna Valley grapes, including Pinor Noir, Chardonnay, Syrah, Albario, Pinot Gris & Grner Veltliner. 3 wells & 500K gallon water storage tank are used for ag. Allowances include a 2.5-acre ranch/farm headquarters estate & 5-acre Ag production facility with future minor use permit. Approved development has easement to gated/guarded access at the adjacent San Luis Country Club Estates. With the feeling of private wine country living, the property is located near wineries, tasting rooms, Country Club & golf course. Just 5 mi to downtown, 3 mi to airport & 8 mi to sandy beaches in Pismo Beach. Airport flies to major hubs in Los Angeles, San Francisco, Dallas, Denver, Seattle, Phoenix & more. This is an incredible opportunity to develop a slice of paradise on the enviable Central Coast.

Details

MLS#SP19042081
Sub-TypeResale
StatusActive
Days On Site57

Features

ZoningAG
Acreage298.50
Property ViewYes

Market Activity 93401

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Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$18,500,000
low | high
Med:
$399,000
100% of Average
On Site:
57
low | high
Med:
46
100% of Average
Listing Updated: 04/24/2019
MLS Number: SP19042081
Listing Provided By:
Zach Wilson  of  Wilson Co. Sothebys International Realty
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