**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!
Sold for $475,000 on 05/12/25
Listing Provided by:
Hannah Kraft DRE #02177746 805-478-0892,
Invest SLO,
Abel Contreras DRE #02062620,
Invest SLO
$475,000
650 11th St, San Miguel, CA 93451
4beds
1,591sqft
Single Family Residence
Built in 1950
0.5 Acres Lot
$475,200 Zestimate®
$299/sqft
$2,218 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 10:42am
Listing Provided by:
Hannah Kraft DRE #02177746 805-478-0892,
Invest SLO,
Abel Contreras DRE #02062620,
Invest SLO
Bought with:
Stacia Shepherd, DRE #01973212
eXp Realty of Greater Los Angeles, Inc.
Source: CRMLS,MLS#: PI24072234
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Propane, Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Beamed Ceilings, Breakfast Area, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level
- Windows: Wood Frames
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,591 sqft
Property
Parking
- Parking features: Attached Carport, Covered, Driveway Level, Driveway, Gravel
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Patio & porch: Concrete, Covered, Front Porch
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 0.50 Acres
- Features: 6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard
Details
- Parcel number: 021401008
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Concrete, Plaster, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Building Permit
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
Community & neighborhood
Community
- Community features: Biking
Location
- Region: San Miguel
Other
Other facts
- Listing terms: Cash,Conventional