$2,250,000
SOLD DEC 2, 2025

0 Albert Way Arroyo Grande, CA 93420

29.25 Acres
$76,923 Price per Acre
1,274,130 Sq Ft Lot

Recently Sold

21% Below List Price

104 Days on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Hiking Trails
  • 29.25 Acre Lot
  • No HOA

About This Lot

As of December 2025

Investor’s Dream Opportunity!
This expansive property consists of two legal parcels, one at appx. 29 acres and the other at appx. 11 acres for a total of approximately 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities. Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you're looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential. Don’t miss this rare opportunity to capitalize on a unique development prospect in one of the region’s most sought-after enclaves. Give me a call for more information!

Last Agent to Sell the Property

Elden Goldsmith

RE/MAX Success Brokerage Phone: 805-423-2567 License #01168618 Listed on: 07/24/2025

RE/MAX Success

Last Buyer's Agent

Elden Goldsmith

RE/MAX Success Brokerage Phone: 805-423-2567 License #01168618 Listed on: 07/24/2025

RE/MAX Success

Property Details

Property Type

  • Land

Lot Details

  • 29.25 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Density is 36-40 Units/Acre
  • 091204065
  • Property is zoned RR

Property Views

  • Views of Woods

Utilities

  • No Utilities
  • Propane
  • Water Not Available
  • Sewer Not Available
  • Phone Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 091204065
  • $3,820 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Possible Use: Investment, Residential
  • Possible Use Comments: Residential with possible ADU. Expired tentative map for 8 five acre lots.
  • Road Frontage Type: Access Road, County Road
  • View: Yes
  • Well Report: No
  • Zoning: RR
  • Property Type: Land
  • Parcel Number: 091204065
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.77

Exterior Features

  • View: Trees/Woods

Utilities

  • Utilities: None, Cable Available, Electricity Available, Phone Not Available, Propane, Sewer Not Available, Water Not Available
  • Water Source: None
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 091204065
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Corner Lot, Level with Street, Lot Over 40000 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 1274130.00
  • Lot Size Acres: 29.2500
  • Latitude Manual: 35.05589700

Multi Family

  • Lot Size Area: 1274130.0000 Square Feet

Tax Info

  • Tax Census Tract: 123.06
  • Tax Lot: 62
  • TaxOtherAnnualAssessmentAmount: 3820.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Sold $2,250,000 -21.1% --
12/01/2025 12/01/25 Price Changed $2,850,000 0.0% --
11/05/2025 11/05/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $2,850,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Elden Goldsmith

    RE/MAX

    (805) 226-4204

    7 Total Sales

    Elden Goldsmith
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS25163846

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Arroyo Grande 93420

0 Albert Way, Arroyo Grande, CA

Sold

Lots

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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