Avila Beach, CA 93424,0 Ontario RD
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Avila Beach, CA 93424,0 Ontario RD
Avila Beach, CA 93424,0 Ontario RD
Avila Beach, CA 93424,0 Ontario RD

$4,000,000

Est. payment /mo

$5,500,000

27.3%
Est.Price: ?

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0 Ontario RD Avila Beach, CA 93424

22.74 Acres Lot

SOLD DATE : 09/28/2023

Key Details

Sold Price $4,000,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PI22244223

Sold Date 09/28/23

HOA Y/N Yes

Lot Size 22.740 Acres

Property Description

Located in the beautiful gateway to Avila Beach, the Cerros Avila project is an amazing opportunity for a developer looking for a project with highly desirable home sites that can get underway very soon. The Final Tract Map #3117 is ready for recordation for 22 residential parcels ranging in size from 0.3 to 1 acre and 1 non-buildable open space parcel. The seller would like to retain Lot 7 at
close of escrow for his own residence, resulting in a net of 21 buildable lots.

Cerros Avila offers views of Squire Canyon and the surrounding hills of Avila Valley with large but manageable lot sizes. The site plan is designed to maximize the amount of single story residences, which should result in more marketable, higher priced homes.

ENTITLEMENT SUMMARY
• Final Tract Map #3117 approved and ready to record
• CEQA approval through a mitigated negative dec
• Draft working house plans
• PG&E preliminary design completed and deposits paid
• Wastewater seepage pits drilled and developed
• Property features a high producing on-site well for landscape irrigation

HIGHLIGHTS
• Final map is signed off and improvements plans are close to final approval
• Located in the beautiful gateway to Avila Beach
• Large lots designed for high end single level residences
• Lots with various options from mountain views to more secluded sites
• Gated development with two private drives

See brochure for additional details.

Location

State CA

County San Luis Obispo

Area 699 - Not Defined

Zoning RS

Interior

Fireplace No

Exterior

Community Features Foothills

Utilities Available See Remarks

View Y/N Yes

View Hills, Mountain(s)

Building

Lot Description 0-1 Unit/Acre

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 076251028

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jason Hart • Hart Commercial Real Estate
Bought with Jason Hart • Hart Commercial Real Estate

Trevor Smith

Real Estate Broker | License ID: DRE 01700986

+1(858) 539-9999

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