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263 W Foothill Boulevard
San Luis Obispo, California CA 93405
$9,000,000 Price
360 Acres
PI20132933 Listing ID
The historic Alex Madonna-Alberti Ranch is centered in one of the most prime parts of the Central Coast of California, San Luis Obispo. The ranch is nestled between the base of Cerro San Luis along the northern property line and encompasses a portion of Laguna Lake to the southeast section. Cerro San Luis Obispo, or commonly referred to as Madonna Mountain, is a member of the or Nine Sisters, a chain of prominent volcanic peaks stretching east from Morro Bay. A stream runs along the foothill frontage of the property with several intermittent streams running from Cerro San Luis to the lake. The ranch is only 10 miles from Avila Beach to the south, 10 miles from Morro Bay Beach to the west, and despite its rural feel, is located just a few minutes from downtown San Luis Obispo. This is an unparalleled opportunity for an astute buyer looking for a ranch with a wealth of possibilities located in the heart of the Central Coast’s gem. Owner may consider a Joint Venture as well. The ranch is comprised of 4 APNs and 7 parcels with recorded certificates of compliance. The ranch offers a new buyer the chance to reconfigure the parcels into a variety of layouts through lot line adjustments, versus having to go through a lengthy mapping process. The property is not in the Williamson Act which could allow for potential future development, most likely as part of a rezone and an annexation into the city. The ranch and surrounding properties are within the City’s Sphere of Influence Area 9.
Schedule Showing
Status Active
County San Luis Obispo
Property Type Lots and Land
Lots and Land

Primary Features

County: San Luis Obispo
Price Before Reduction: 12600000
Price Reduction Date: 2021-01-18T17:52:19+00:00
Price/SqFt: 0.57
Property Type: Lots and Land
Subdivision: San Luis Obispo(380)
Zoning: AG

External

Lot Features: Ranch
Lot Size Area: 360
Lot Size Source: Other
Lot Size Square Feet: 15681600
View: yes
View Type: Hills, Lake, Mountain(s)
Water Source: See Remarks

Location

Country: US
Distance To Water Comments: on land
Elevation Units: Feet
MLS Area Major: SLO - San Luis Obispo
Subdivision Name Other: San Luis Obispo(380)

Additional

Additional Parcels: yes
Association: no
Community Features: Foothills, Lake, Horse Trails, Rural
Days On Market: 670
List Agent State License: 01334694
List Office State License: 01334694
Lot Size Units: Acres
New Construction: no
Parcel Number: 067091013
Senior Community: no

Financial

Land Lease: no
Special Listing Conditions: Standard
Tax Census Tract: 112.00
Tax Lot: 51

Zoning Info


© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Comet Realty or one of their associates. Last updated Sunday, June 4th, 2023.

Based on information from CARETS as of Sunday, June 4th, 2023 10:03:34 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: Jason Hart, DRE #01334694 from Hart Commercial Real Estate

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