Paso Robles Development
For Sale
$2,300,000
Pending
2450 Golden Hill Road, Paso Robles, CA 93446
11.8-acre parcel zoned R3-PD with senior housing overlay.
Property Size1,400 SF
Lot Size11.80 Acres
Days on Market534
Property Features for 2450 Golden Hill Road
General Information
Standard status
Pending
Size
1,400 SF
Lot size
11.80 Acres
Property subtype
Lot/Land
Zoning
R3-PD
Listing Agency:
GUIDE Real Estate
(805) 391-0509
Listed By:
Scott Ehrke · License #01012637
(805) 391-0509
Source:
Compass
Added: Feb 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:28AM
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 GUIDE Real Estate
Investment Insights
Based on property information with market context.
This 11.8-acre parcel in Paso Robles presents a land development opportunity. Zoned R3-PD with a senior housing overlay, the site was previously approved for a 125-unit senior development, although those entitlements expired in 2018. The City of Paso Robles would consider a similar senior project. The city has indicated they would consider re-zoning proposals to either a lower density residential zoning or even increased density zoning depending on the use proposed. Removing the senior housing overlay is also a possibility, depending on the elements of a proposed new project. The property features gentle, rolling topography and limited traffic impact off Golden Hill Road, creating a peaceful setting enhanced by the adjacent Chandler Ranch. Quality homes are located on either side of the land, and the site is easily accessed from both Hwy 46E and the vibrant downtown Paso Robles, while maintaining a rural feel. A 55+ residential development could yield homes priced between the Sierra Bonita/Turtle Creek developments and the more expensive Traditions, Vintage, and new Trilogy project currently under construction. There is an existing 1,400-SF home with 3 bedrooms and 2 baths that is currently rented and will provide some permit credits and rental income until a new project begins.
Key Highlights
- 11.8 acre parcel with development potential.
- Zoned R3‑PD with senior housing overlay, offering multiple development possibilities.
- City of Paso Robles is open to rezoning proposals, including lower or increased density residential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
Business Placement
Demographics for 93446, CA
45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 11.8-acre parcel zoned R3-PD with senior housing overlay.
Where is this land located?
The property is located at 2450 Golden Hill Road Paso Robles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 11.8 acre parcel with development potential.; Zoned R3‑PD with senior housing overlay, offering multiple development possibilities.; City of Paso Robles is open to rezoning proposals, including lower or increased density residential.
