Charming Ranch Property with Development Potential Near San Luis Obispo



Discover a unique opportunity to own a beautiful ranch just outside the city limits of San Luis Obispo. This 3-bedroom, 2-bathroom ranch-style home features an open floor plan with breathtaking countryside views from every room. Owned by the same family since the early 1970s, this property offers a rare chance to secure one of SLO County’s prime locations.

The single-level home is designed for easy country living, with generous overhangs that provide shade to the front entrance and back patio, naturally keeping the home cooler during hot weather. The kitchen is well-equipped with ample counter space and a double oven. The spacious primary bedroom includes a walk-in closet, a bathroom with a double sink, a separate make-up vanity, and a luxurious soaking tub.

The property also includes a large unenclosed barn, a storage shed, and several fenced areas previously used for vegetable growing and farm animals.

A significant feature of this property is the potential for subdivision. The buyer can finalize the map recording process and complete public improvement plans and onsite lot improvements, creating an additional lot adjacent to the primary home. After over 5.5 years of processing, all city, county, engineering, and environmental fees have been paid, leaving the buyer with the final steps to obtain two APNs, allowing for the construction of two primary homes and two ADUs.

Live in the existing home while building your dream home on the adjacent lot. This property is ideal for a big family seeking a compound or multi-generational living. Currently licensed as an Airbnb, this ranch offers both immediate living and income potential. Don’t miss this exceptional opportunity!