**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you’re a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Property Details
Price:
$625,000
MLS #:
PI24072234
Status:
Active
Beds:
4
Baths:
2
Address:
650 11th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
smigsanmiguel
City:
San Miguel
Listed Date:
Mar 22, 2024
State:
CA
Finished Sq Ft:
1,591
ZIP:
93451
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1950
Schools
Interior
Accessibility Features
Parking
Appliances
None
Cooling
None
Fireplace Features
None
Heating
Propane, Wall Furnace
Interior Features
Beamed Ceilings, Copper Plumbing Partial, Unfinished Walls, Unfurnished
Window Features
Wood Frames
Exterior
Community Features
Biking
Electric
Electricity – On Property
Fencing
None
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre, Back Yard, Corner Lot, Front Yard, Level with Street, Lot 20000-39999 Sqft, Flag Lot, Rectangular Lot, Level, Utilities – Overhead, Value In Land, Yard
Parking Features
Attached Carport, Covered, Driveway, Gravel, Driveway Level
Parking Spots
0.00
Pool Features
None
Roof
Asphalt
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood, Trees/ Woods
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Propane, Sewer Connected, Water Connected
Map
Contact Us
Mortgage Calculator
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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…
More About Bunny
Courtesy of Invest SLO. 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 2024. California Regional Multiple Listing Service. All rights reserved. 650 11th Street
San Miguel, CA
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