Development Land in Paso
420 Creston Road Paso Robles, CA 93446
420 Creston Road, Paso Robles, CA, 93446
$1,699,000
Pending
For Sale
$1,699,000
Pending
LAND - Paso Robles, CA
Lot Size4.30 Acres
Days on Market1727
Property Features for 420 Creston Road
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R2
- Standard status
- Pending
- APN
- 009541001
- Lot size
- 4.30 Acres
Listing Agency
Merrill & Associates Real Estate
(805) 226-5500
4815 El Camino Real, Atascadero, CA
Listed by
Michelle Brown · License #01455656
(805) 226-5500
Added: Oct 26, 2021 Checked: Jul 18 at 12:06 pm
MLS# NS21234433
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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
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
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).
