3970 Orcutt, San Luis Obispo, CA 93401

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List Price
$5,800,000
Status
ACTIVE
Days on Market
85
Price Change
▼ $200,000 1793056149
MLS#
SC26175854
Subtype
Land
Lot Size
4,617,360
Acres
106
Subdivision
San Luis Obispo(380)
Neighborhood
San Luis Obispo(380)

Property Description

Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential. The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property. Strategically positioned adjacent to city limits and within the Citys Sphere of Influence, the property is identified for future annexationcurrently anticipated around 2028 per LAFCO guidancecreating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 89 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing. Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential. The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property. Strategically positioned adjacent to city limits and within the Citys Sphere of Influence, the property is identified for future annexationcurrently anticipated around 2028 per LAFCO guidancecreating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 89 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing.

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Listing courtesy of Listing Agent: Patrick Smith (970-987-1413) from Listing Office: Avila Beach Realty Inc..

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