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Listed by Michael Manchak, DRE #02205849 • Real Broker
$ 5,500,000
Est. payment /mo
New
11600 El Camino Real Atascadero, CA 93422
5.19 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNS26208978
Lot Size 5.190 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
FOR SALE: Fully-approved, mixed-use development. Multi-family, Retail, Vacation rentals. 5.19 Acres. Seven Parcels. Fully-Entitled. Shovel-ready project. Dove Creek is a fully-approved, shovel-ready mixed-use development opportunity on California's Central Coast - a 5.19-acre site located one block from Highway 101 on Atascadero's main commercial corridor, El Camino Real. Positioned between the Paso Robles and San Luis Obispo wine regions and the Pacific Ocean, the region offers a strong tourism and housing market with high demand for retail and hospitality. Local demand continues to grow for dining, entertainment, and visitor accommodations, and the highest per-capita incomes in the county, Atascadero remains underserved for retail. 5.19 ACRES 71 RESIDENTIAL CONDOS 20 VRBO / HOTEL ROOMS 14,840 SF RETAIL 7 PARCELS (VTTM) The site is midway between San Francisco and Los Angeles, and just a 15-minute drive to the City of San Luis Obispo. The area draws consistent visitor traffic from more than 250 area wineries, year-round outdoor recreation, and a thriving tourism economy. Dove Creek offers the opportunity to deliver a transformative, walkable mixed-use destination. Residential Condominiums: 71 units (one- and two-bedroom), designed for both long-term
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning LZ
Exterior
View Hills
Others
Tax ID 045331014
Special Listing Condition Not Applicable
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