Investor’s Dream Opportunity!
This expansive property consists of two legal parcels totaling 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities.
Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you're looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential.
Don’t miss this rare opportunity to capitalize on a unique development prospect in one of the region’s most sought-after enclaves.
Give me a call for more information!
Lot/land
Listing Provided by:
Elden Goldsmith DRE #01168618 805-423-2567,
RE/MAX Success
$2,850,000
0 Albert Way #62, Arroyo Grande, CA 93420
--beds
--baths
29.25Acres
Unimproved Land
Built in ----
29.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive property
- 17 days
- on Zillow |
- 193 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 01:07pm
Listing Provided by:
Elden Goldsmith DRE #01168618 805-423-2567,
RE/MAX Success
Source: CRMLS,MLS#: NS25163846
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 29.25 Acres
- Features: 36-40 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Rectangular Lot, Street Level
Details
- Additional parcels included: 091204065
- Parcel number: 091204065
- Zoning: RR
- Special conditions: Standard,Trust
Utilities & green energy
- Water: None
- Utilities for property: Cable Available, Electricity Available, Propane, None, Phone Not Available, Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: Biking, Hiking, Rural
Location
- Region: Arroyo Grande
Financial & listing details
- Date on market: 7/24/2025
- Listing terms: Cash to New Loan
- Inclusions: N/A
- Exclusions: N/A
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