Entitled Infill Townhome Development
For Sale
$1,950,000
1253 E Grand Avenue, Arroyo Grande, CA 93420
Fully entitled infill parcel with City-approved plans for eight three-story townhomes and on-site guest parking.
Property Size1,867 SF
Price / SF$1,044
Days on Market47
Property Features for 1253 E Grand Avenue
General Information
Standard status
Active
Size
1,867 SF
Property subtype
Lots/Land
Additional Details
Highway Access
Yes
Building Details
Stories
3
Listing Agency:
Allan Real Estate Investments
(805) 459-0339
Listed By:
Vincent Allan · License #01421798
(805) 459-0339
Source:
Exitrealty
Added: Jun 24
Changed: Aug 8
Last Checked: Jul 6 at 8:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allan Real Estate Investments
Investment Insights
Based on property information with market context.
This shovel-ready infill development site is fully entitled, with City-approved plans for eight three-story townhomes. The approved design includes approximately 1,867 square feet per home with 3 bedrooms, 3 full baths, and a powder room. Each unit is planned with a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room opening to a balcony, plus a private rooftop deck of approximately 244 square feet.
The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared. Site access is secured from Grand Avenue through a recorded easement across an adjacent parcel, and guest parking is provided on site. The property is positioned for convenience to Highway 101, with Pismo Beach and the Arroyo Grande Village nearby.
Entitlements are in hand and the site is ready to permit and build under the approved plan set.
The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared. Site access is secured from Grand Avenue through a recorded easement across an adjacent parcel, and guest parking is provided on site. The property is positioned for convenience to Highway 101, with Pismo Beach and the Arroyo Grande Village nearby.
Entitlements are in hand and the site is ready to permit and build under the approved plan set.
Key Highlights
- City‑approved plans for eight three‑story townhomes on an infill parcel in Arroyo Grande
- Each townhome plan is ~1,867 SF with 3 bedrooms, 3 full baths, and a powder room
- Plans include a private in‑unit elevator, attached two‑car garage, and in‑unit laundry for each home
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 93420, CA
30,540
Population
13,823
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
197.4 sq mi
ZIP Area
155
Density / Sq Mi
$106,718
Median Household Income
$51,990
Median Earnings
$2,025
Median Rent
$872,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully entitled infill parcel with City-approved plans for eight three-story townhomes and on-site guest parking.
Where is this residential land & home lot located?
The property is located at 1253 E Grand Avenue Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: City‑approved plans for eight three‑story townhomes on an infill parcel in Arroyo Grande; Each townhome plan is ~1,867 SF with 3 bedrooms, 3 full baths, and a powder room; Plans include a private in‑unit elevator, attached two‑car garage, and in‑unit laundry for each home
