Sold

Closed

0 Ontario Road

Avila Beach CA, 93424

$4,000,000


$4.04 per sqft

Sold

Closed

22.74 Acres

Land

Listed by Jason Hart with Hart Commercial Real Estate 805-709-6491

Located in the beautiful gateway to Avila Beach, the Cerros Avila project is an amazing opportunity for a developer looking for a project with highly desirable home sites that can get underway very soon. The Final Tract Map #3117 is ready for recordation for 22 residential parcels ranging in size from 0.3 to 1 acre and 1 non-buildable open space parcel. The seller would like to retain Lot 7 at
close of escrow for his own residence, resulting in a net of 21 buildable lots.

Cerros Avila offers views of Squire Canyon and the surrounding hills of Avila Valley with large but manageable lot sizes. The site plan is designed to maximize the amount of single story residences, which should result in more marketable, higher priced homes.

ENTITLEMENT SUMMARY
* Final Tract Map #3117 approved and ready to record
* CEQA approval through a mitigated negative dec
* Draft working house plans
* PG&E preliminary design completed and deposits paid
* Wastewater seepage pits drilled and developed
* Property features a high producing on-site well for landscape irrigation

HIGHLIGHTS
* Final map is signed off and improvements plans are close to final approval
* Located in the beautiful gateway to Avila Beach
* Large lots designed for high end single level residences
* Lots with various options from mountain views to more secluded sites
* Gated development with two private drives

See brochure for additional details.

PI22244223

MLS ID

November 18, 2022

Listed

October 1, 2024

Updated

Map

0 Ontario Road
Avila Beach CA, 93424

Exterior/Building Features

Lot Size

22.74 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

699 - Not Defined


Days on Market

14


Association Fee

Not Listed


Garage

No


View

Yes


View Description

Hills, Mountain(s)


County

San Luis Obispo


Water Source

See Remarks


Pool

No


Zoning

RS

Listing History

Date

Event

Price

9/29/2023

Price change

$4,000,000

-28%

9/29/2023

Sold

$4,000,000

Listing Contact: 805-481-9010 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/1/2024 at 9:54 PM UTC

 

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