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Development Land in Paso Robles
For Sale
Under Contract
$1,699,000

420 Creston Road, Paso Robles, CA 93446

Land, Paso Robles, CA

Property SizeContact for details
Lot Size4.30 Acres
Days on Market1773

Property Features for 420 Creston Road

General Information

Property type Land
Property subtype Other
Zoning R2
Subdivision PR City Limits East(110)
Lot features 2-5 Units/ Acre
View Hills, City
Directions 13th Street turns into Creston Road, property is located on right side just past Capital Hill.
Standard status Active Under Contract
APN 009541001
Lot size 4.30 Acres
Listing Agency: Merrill & Associates Real Estate
Listed By: Michelle Brown · License #01455656
Added: Oct 26, 2021 Changed: Sep 2 Last Checked: Sep 2 at 11:06AM
MLS# NS21234433

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located within the city limits of Paso Robles, this parcel offers a development opportunity for a total of 20 units, including four triplexes and four duplexes, situated in the heart of the Creston Corridor. The parcel spans approximately 4.3 acres. According to the seller, the parcel has received most of the entitlement from the city, with permits prepared and ready to be paid for by the new buyer, subject to additional conditions for the property buildout. The seller has invested over two years in planning, designing, revisions, attending public hearings, and preparing plans with local engineers and an architect. The plans for this property illustrate each unit consisting of approximately 1248 square feet, featuring 3 bedrooms and 2 bathrooms with an open concept design. Additional amenities noted on the plans include kitchens offering an island, walk-in pantry, indoor laundry room, storage, and a balcony that may provide an additional approximately 300 square feet of storage space. The floor plan renderings offer a dramatically chic and upscale vibe utilizing wood, glass, and metal finishes. The property is located near grocery stores, schools, dining, and within walking distance of historical downtown Paso Robles. The zoning is R2.

Key Highlights

  • Entitlements largely secured for development of 20 units (4 triplexes & 4 duplexes).
  • +/- 5.5 acre parcel located inside Paso Robles city limits in the Creston Corridor.
  • Permits prepared and ready to be paid for by the new buyer (subject to additional conditions).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Fish Market Tattoo & Piercing Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Development opportunity for 20 units near downtown Paso Robles.
Where is this land located?
The property is located at 420 Creston Road Paso Robles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Entitlements largely secured for development of 20 units (4 triplexes & 4 duplexes).; +/- 5.5 acre parcel located inside Paso Robles city limits in the Creston Corridor.; Permits prepared and ready to be paid for by the new buyer (subject to additional conditions).
More about this property
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