O'connor Way San Luis Obispo, CA 93405
- Land
- 143.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 O'connor Way
- Lot size
- 143.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 143-acre ranch, located in San Luis Obispo County, CA (APN: 067-051-022), presents a unique investment opportunity. Situated near Avila Beach and Morro Bay, yet minutes from downtown San Luis Obispo, this property boasts panoramic views, including Pacific Ocean glimpses. The land is primarily rolling hills with approximately 40 acres of relatively flat terrain, offering several potential building sites. The ranch features a recently improved access road, multiple natural springs, and an agricultural well producing approximately 27 gallons per minute at only 16 feet. Currently unimproved, the property is fenced and zoned for agriculture, previously used for cattle grazing. The soil composition includes clay, loam, and rock outcroppings. Benefitting from the Williamson Act, resulting in a lower tax basis, this property also has the possibility of an assumable low-interest-rate loan. The asking price is $1,787,500. Don't miss this chance to own a stunning piece of the Central Coast.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.74
- Latitude
- 35.3133
