Opportunity on nearly five acres in North Paso Robles, this vintage 1930s ranchette offers a legal existing single-family residence and multiple accessory structures ready for a visionary remodel or redevelopment.
Property overview
Set on approximately 4.48–4.9 acres along Monterey Road, the property includes an older single-family home of about 1,188 square feet plus outbuildings dating back to the 1930s–1950s. The parcel is zoned RS (Residential Suburban), providing a rural setting with convenient access to Highway 101 and Paso Robles amenities.
Existing structures and status
County Assessor records show three structures constructed in the 1930s and another moved on in the 1950s, and the Assessor treats the existing improvements as effectively “permitted” because building permits were not required until about 1958. County Building staff consider these 1930s structures legal existing under the residential code, while Planning treats them as “existing nonconforming” improvements reviewed under County Code Section 22.72.060 for any future alterations or expansion.
Financing and condition
Because of age and condition, this is a project property suited for an investor, contractor, or owner-builder and will require substantial repair and modernization. The home and related structures are not eligible for conventional financing; purchase will need to be with cash, hard money, or other private funds only.
Remodel and value-add potential
A buyer who wishes to keep and renovate the existing home would pursue a standard remodel/addition permit, with new work complying with current Title 19 requirements and any expansion reviewed under Section 22.72.060. Recent improved ranchette and multi-home sales along Monterey Road in the mid- to high-800s and 900s highlight the upside for a well-planned remodel or redevelopment on this nearly five-acre site.
Infrastructure and utilities
The parcel includes a newer well installation, with a 200-amp electrical service permit (RMEP2023-00052) previously issued for the well. Buyers should verify the status of utilities, water system, and any required upgrades or inspections with San Luis Obispo County Planning and Building.
26 days
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2,054
|
108
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Abel ContrerasDRE #02062620805-709-7143,
Invest SLO
Source: CRMLS,MLS#: PI26146115Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Heating
Propane
Cooling
None
Appliances
Laundry: None
Features
All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 1,188 sqft
Property
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Lot
Size: 4.48 Acres
Features: Value In Land
Details
Additional structures: Shed(s)
Parcel number: 027301051
Zoning: RS
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Foundation: None, Slab
Condition
Fixer,Repairs Major
New construction: No
Year built: 1932
Utilities & green energy
Sewer: Private Sewer, Septic Tank
Water: Well
Utilities for property: Electricity Connected, Propane, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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