$475,000
SOLD MAY 12, 2025
4 Beds
2 Baths
1,591 Sq Ft
0.5 Acres

Recently Sold

$299 Per Sq Ft

27% Below List Price

371 Days on Market

Highlights

  • View of Trees or Woods
  • 0.5 Acre Lot
  • Attic
  • Paso Robles High School Rated A-
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of May 2025

**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!

Last Agent to Sell the Property

Hannah Kraft

Invest SLO Brokerage Phone: 805-478-0892 License #02177746 Listed on: 04/18/2024

Co-Listed By

Abel Contreras

Invest SLO Brokerage Phone: 805-478-0892 License #02062620

Last Buyer's Agent

Stacia Shepherd

eXp Realty of Greater Los Angeles, Inc. License #01973212

eXp Realty of Greater Los Angeles, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Flag Lot
  • Private Yard
  • Back and Front Yard
  • Density is 6-10 Units/Acre
  • Value in Land
  • On-Hand Building Permits

Property Views

  • Woods
  • Neighborhood

Home Design

  • Slab Foundation
  • Unfinished Walls
  • Asphalt Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing
  • Plaster

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Frame Window
  • Living Room
  • Breakfast Area or Nook
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • Attached Carport
  • Parking Available
  • Gravel Driveway
  • Driveway Level

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Overhead Utilities
  • Propane
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 021401008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Ellie
  • Other Phone Number: 805-825-1128
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 021401008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1591.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Copper Plumbing Partial, Unfinished Walls, Unfurnished
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 298.55
  • Room Type: All Bedrooms Down, Attic, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Window Features: Wood Frames
  • Bathroom Features: Shower, Exhaust Fan(s), Remodeled, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Covered, Front Porch, Slab
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Concrete, Plaster, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Gravel, Driveway Level

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Propane, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Propane, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: San Miguel Joint Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Corner Lot, Front Yard, Level with Street, Lot 20000-39999 Sqft, Flag Lot, Rectangular Lot, Level, Utilities - Overhead, Value In Land, Yard
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5000 Acres
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 100.16

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Range of Values:

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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 Change Sq Ft Price
05/12/2025 05/12/25 Sold $475,000 -15.9% $299 / Sq Ft
03/18/2025 03/18/25 Price Changed $565,000 -9.6% $355 / Sq Ft
08/13/2024 08/13/24 Price Changed $625,000 -3.8% $393 / Sq Ft
04/18/2024 04/18/24 For Sale $650,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24072234

California Regional Multiple Listing Service (CRMLS)