$399,000
UNDER CONTRACT

Estimated payment $2,221/month

Total Views 1,470
3 Beds
1 Bath
1,188 Sq Ft
$336 Price per Sq Ft

Highlights

  • River View
  • Shed
  • 1-Story Property
  • No HOA
  • Heating System Uses Propane

About This Home

Opportunity on nearly five acres in North Paso Robles, this vintage 1930s ranchette offers a legal existing single-family residence and multiple accessory structures ready for a visionary remodel or redevelopment. Property overview
Set on approximately 4.48–4.9 acres along Monterey Road, the property includes an older single-family home of about 1,188 square feet plus outbuildings dating back to the 1930s–1950s. The parcel is zoned RS (Residential Suburban), providing a rural setting with convenient access to Highway 101 and Paso Robles amenities. Existing structures and status
County Assessor records show three structures constructed in the 1930s and another moved on in the 1950s, and the Assessor treats the existing improvements as effectively “permitted” because building permits were not required until about 1958. County Building staff consider these 1930s structures legal existing under the residential code, while Planning treats them as “existing nonconforming” improvements reviewed under County Code Section 22.72.060 for any future alterations or expansion. Financing and condition
Because of age and condition, this is a project property suited for an investor, contractor, or owner-builder and will require substantial repair and modernization. The home and related structures are not eligible for conventional financing; purchase will need to be with cash, hard money, or other private funds only. Remodel and value-add potential
A buyer who wishes to keep and renovate the existing home would pursue a standard remodel/addition permit, with new work complying with current Title 19 requirements and any expansion reviewed under Section 22.72.060. Recent improved ranchette and multi-home sales along Monterey Road in the mid- to high-800s and 900s highlight the upside for a well-planned remodel or redevelopment on this nearly five-acre site. Infrastructure and utilities
The parcel includes a newer well installation, with a 200-amp electrical service permit (RMEP2023-00052) previously issued for the well. Buyers should verify the status of utilities, water system, and any required upgrades or inspections with San Luis Obispo County Planning and Building.

Listing Agent

Abel Contreras

Invest SLO Brokerage Phone: 805-709-7143 License #02062620 Listed on: 07/09/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 4.48 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Value in Land
  • Property is zoned RS

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • River Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Propane
  • Propane
  • Well
  • Conventional Septic
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 027301051

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

4.48 Acres

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: County Road
  • View: Yes
  • Zoning: RS
  • Property Condition: Repairs Major, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 027301051
  • Year Built: 1932
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 335.86
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: River
  • Pool Private: No

Utilities

  • Utilities: Propane, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Propane
  • Sewer: Conventional Septic, Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 195149.00
  • Lot Size Acres: 4.4800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 195149.0000 Square Feet
  • Number Of Units Total: 1

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $272 $25,802 $12,950 $12,852
2025 $272 $25,297 $12,697 $12,600
2024 $263 $24,802 $12,449 $12,353
2023 $263 $24,316 $12,205 $12,111
2022 $258 $23,840 $11,966 $11,874
2021 $253 $23,374 $11,732 $11,642
2020 $251 $23,135 $11,612 $11,523
2019 $246 $22,683 $11,385 $11,298
2018 $241 $22,239 $11,162 $11,077
2017 $226 $21,804 $10,944 $10,860
2016 $221 $21,378 $10,730 $10,648
2015 $218 $21,058 $10,569 $10,489
2014 $210 $20,646 $10,362 $10,284
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2026 07/09/26 For Sale $399,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI26146115

California Regional Multiple Listing Service (CRMLS)

APN: 027-311-018

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