109 S 3rd St Lompoc, CA 93436
Estimated payment $5,701/month
Total Views
4,723
1
Acre
$975,000
Price per Acre
43,560
Sq Ft Lot
About This Lot
RE/MAX Commercial is pleased to offer the sale of a prime multifamily development parcel located at 109 South Third Street in Lompoc This one-acre site (Fidelity Passport Report), presents a compelling residential development opportunity in a well-established area of Southeast Lompoc. The property is zoned R-3 PD and is flat, level, and highly buildable with utilities readily available at the street--an ideal foundation for a thoughtful multifamily project. In 2021 the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes. The approved plan envisioned: 24 two-story residential townhome units with three bedrooms and two and one-half baths per unit, and individual two-car garages. A cohesive Mission-inspired architectural design. Per 1/29/26 meeting with the City of Lompoc Planning department, planning entitlements are valid through June 17th, 2026. Map is valid until June 17th, 2027 with an additional 2-year extension available. Given the passage of time and evolving housing needs, buyer prospects are encouraged to engage directly with the City as well as the State new guidelines to explore additional density opportunities.The location enhances the appeal: Prime Southeast Lompoc setting with close proximity to West Ocean Avenue and Hwy 1. Convenient access to the medical district, nearby Hapgood Elementary School, and established residential surroundings with neighborhood continuity.About Lompoc and the region: Lompoc continues to gain attention as a coastal California community offering a rare balance of affordability, growth potential, and lifestyle appeal. Known for its open skies, agricultural roots, and proximity to the Pacific, the city benefits from regional drivers including Vandenberg Space Force Base, expanding medical services, and steady demand for quality workforce and family housing. Its location along the Central Coast places residents within reach of Santa Barbara, Santa Ynez wine country, and the rugged beauty of the Gaviota coastline. This offering represents a near turnkey development opportunity in a city that values smart growth and community-oriented development. Why wait? Explore the potential and start shaping Lompoc's next residential chapter today. Buyer and Buyer's agent to verify all information with City of Lompoc.
Property Details
Property Type
- Land
Lot Details
- 1 Acre Lot
- Zoning described as Commercial
Listing and Financial Details
- Assessor Parcel Number 085-150-047
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,318 | $585,098 | $585,098 | -- |
| 2023 | $6,318 | $562,379 | $562,379 | $0 |
| 2022 | $6,213 | $551,352 | $551,352 | $0 |
| 2021 | $6,286 | $540,542 | $540,542 | $0 |
| 2020 | $6,219 | $535,000 | $535,000 | $0 |
| 2019 | $4,088 | $350,151 | $350,151 | $0 |
| 2018 | $4,026 | $343,286 | $343,286 | $0 |
| 2017 | $3,953 | $336,555 | $336,555 | $0 |
| 2016 | $3,882 | $329,956 | $329,956 | $0 |
| 2015 | $3,854 | $338,000 | $338,000 | $0 |
| 2014 | $4,671 | $391,921 | $391,921 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | For Sale | $975,000 | -- | -- |
Source: North Santa Barbara County Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $585,000 | Lawyers Title | |
| Grant Deed | $535,000 | Lawyers Title Company | |
| Grant Deed | -- | None Available | |
| Quit Claim Deed | $325,000 | First American Title Company | |
| Deed In Lieu Of Foreclosure | $750,000 | First American Title Ins Co | |
| Grant Deed | $380,000 | First American Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,000 | New Conventional | |
| Previous Owner | $330,000 | Seller Take Back |
Source: Public Records
About the Listing Agent
I have been buying and selling properties for myself and other for over 40 years. I bought my first home when I was just 18 years old and since then, I fell in love with real estate. Recently, I rejoined the Re/Max Team In Arroyo Grande and am eager to continue serving the Central Coast. I believe that with my substantial knowledge, experience and passion for real estate, I would add significant value to your personal journey as a Buyer or Seller and help you achieve your real estate goals! I
Michael's Other Listings
Source: North Santa Barbara County Regional MLS
MLS Number: 26000136
APN: 085-150-047
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