Seeking your next senior housing development project? Presenting an exceptional investment opportunity with this 1.25-acre multifamily-zoned property nestled in the picturesque town of Cambria. This 7 lot property owns the rights to 2 water meters within the Cambria Community Service District (CCSD) in the amount of 11.78 Equivalent Dwelling Units (EDUs), which could accommodate approximately 29 senior housing apartments. This site was previously approved by the San Luis Obispo County Planning Department and Board of Supervisors for a 31-unit / 41-bed RCFE Assisted Living – Memory Care facility of 28,000 square feet. All utilities are available at the property including water, sewer, natural gas, electrical power, telephone, and cable. Sale includes an extensive library of completed architectural, engineering, environmental, and geotechnical studies and compliance documents. Due to the high demand for more affordable housing in California, and the state mandating local municipalities to approve more construction projects, this lot is ripe with development potential!
Property Details
Price:
$1,100,000
MLS #:
SC24001286
Status:
Active
Baths:
0
Type:
Land
Subdivision:
Lodge Hill430
Neighborhood:
cambcambria
Listed Date:
Jan 2, 2024
Lot Size:
54,450 sqft / 1.25 acres (approx)
Schools
Interior
Exterior
Community Features
Mountainous
Lot Features
0-1 Unit/ Acre
View
Hills, Park/ Greenbelt, Trees/ Woods
Water Source
See Remarks
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Map
Contact Us
Mortgage Calculator
Community
- Address1981 Green Street 024191056 Cambria CA
- NeighborhoodCAMB – Cambria
- SubdivisionLodge Hill(430)
- CityCambria
- CountySan Luis Obispo
- Zip Code93428
Subdivisions in Cambria
- Cambria Rural390
- East Village 400
- Happy Hill410
- Leimert420
- Lodge Hill430
- Marine Terrace440
- Moonstone Beach450
- Park Hill460
- Pine Knolls Estates470
- Sea Clift Estates500
- Top of the World2170
- West Village510
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Property Summary
- Located in the Lodge Hill(430) subdivision, 1981 Green Street 024191056 Cambria CA is a Land for sale in Cambria, CA, 93428. It is listed for $1,100,000 and features 1 acres.
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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
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Courtesy of Keller Williams Realty Central Coast. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1981 Green Street 024191056
Cambria, CA
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