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619-354-6888
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property-detail

property-detail

property-detail

263 Foothill, San Luis Obispo, CA 93405

$9,000,000 LOGIN TO SAVE

263 Foothill, San Luis Obispo, CA 93405
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    Description


    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 Coasts 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 Citys Sphere of Influence Area 9.

    Features

    ​​​​​​​
    • 360 Acres

    Natalie Klinefelter

    Broker/Owner
    CABRE# 02037944
    Address:
    2305 History Decatur Rd. #100
    San Diego, CA 92106
    Office:
    619-354-6888
    By submitting this form with your telephone number, you are consenting for Natalie Klinefelter and authorized representatives to contact you even if you are on the federal "Do-not-call List."
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    Contact Us

    619-354-6888

    2305 History Decatur Rd. #100
    San Diego, CA 92106

    Info@TheLegacyRECo.com

    The Legacy Real Estate Co.

    CADRE#: 02037944

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. A Compilation © 2017 Sandicor®, Inc.
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