Prime 2.5 Acre Rural Acreage Parcel Santa Margarita / Creston Area

Prime 2.5 Acre Rural Acreage Parcel Santa Margarita / Creston Area Versatile Central Coast Acreage with Unlimited Potential. Situated in rural San Luis Obispo County along the rolling foothill corridors of Santa Margarita, this 2.5-acre vacant land parcel offers an ideal manageable size for a private residence, custom homestead, off-grid retreat, or long-term agricultural/land investment. Enjoy open skies, peace, and natural beauty while remaining minutes away from local amenities, wine country, and coastal beaches. ?? Property Overview & Specifications Feature Detail APN / Parcel ID 084-011-024 County San Luis Obispo County, CA Nearest Town Santa Margarita Click to open side panel for more information , CA 93453 Acreage 2.50 Acres (approx. 108,900 sq. ft.) Zoning Residential Rural (RR) / Rural Lands (RL) (SLO County Title 22) GPS Coordinates 35.38120, -120.45110 (approximate center) Terrain / Topography Gentle slope to rolling terrain, native grasses, scattered oaks Access Easement/dirt road access off primary rural corridors ?? Zoning & Permitted Uses (What Can Be Done Here) Governed under San Luis Obispo County Department of Planning and Building Title 22: • Primary Single-Family Residence: Build your custom dream home, modern modular residence, or manufactured home (on permanent foundation). • Accessory Dwelling Unit (ADU): Add a second dwelling, guest cottage, or rental unit (up to 1,200 sq. ft. per county guidelines). • Agricultural & Animal Keeping: Ideal size for private equestrian setups, small livestock grazing, 4-H projects, organic garden beds, or hobby orchards/vineyards. • Outbuildings & Workshops: Construct detached garages, workshops, barns, storage sheds, or private solar generation arrays. • Recreational Uses: Temporary/seasonal RV use, off-grid camping, or personal recreational storage during construction phases. ? Utilities & Infrastructure • Water: Private Well required upon development (typical for rural acreage in this sector). • Sewer / Sanitation: Septic system required upon building permit approval. • Power: Solar / Battery storage ideal for off-grid setup; electric utility poles located along nearby main arterial access roads. • Access: Direct access route via established county/easement roads connecting to primary rural thoroughfares. ?? Location, Nearby Attractions & Travel Times Point of Interest Category Est. Distance / Travel Time Downtown Santa Margarita Click to open side panel for more information Historic Town & Local Dining ~8 Miles / 10–12 Mins Santa Margarita Lake Recreation & Natural Area Click to open side panel for more information Boating, Fishing, Camping ~10 Miles / 15 Mins City of San Luis Obispo (SLO / Cal Poly) Shopping, Fine Dining, Medical ~18 Miles / 22–25 Mins Paso Robles Wine Country World-Class Wineries & Dining ~20 Miles / 25 Mins Pismo Beach Pier Click to open side panel for more information / Central Coast Ocean, Boardwalk & Beaches ~28 Miles / 30–35 Mins SLO County Airport Click to open side panel for more information Commercial Airport ~20 Miles / 25 Mins Santa Margarita Ranch Golf / Country Club Golf & Recreation ~10 Miles / 12 Mins ?? Market Valuation & Comparable Properties (Comps) Smaller 2 to 5-acre raw land parcels in San Luis Obispo County are in high demand due to lower total entry costs and easier management. ?? Comparable Market Sales & Active Listings • 2.5 Acre Raw Parcel (Santa Margarita / Creston Area): Comps range from $55,000 to $85,000 depending on road grade and utility proximity ($22,000 – $34,000/acre). • 5.0 Acre Raw Parcel (Parkhill / Pozo Rd Area): Listed at $95,000 – $115,000 ($19,000 – $23,000/acre). • 1.0 Acre Lot (In-Town / Paved Road): Listed at $150,000+ due to public water access. ?? Discounted Below-Market Pricing Strategy To secure a fast cash sale or attract quick-closing land buyers: • Market Value: $65,000 – $75,000 • Target Discount Cash Price: $44,900 – $49,900 (Below market value for fast exit) ?? Owner Financing Terms Available Direct Seller Financing makes this 2.5-acre parcel affordable for any investor or future homeowner: • Cash Discount Price: $44,900 • Owner Finance Price: $49,900 • Down Payment: $12,900 (Flexible) • Monthly Payment: ~$895/mo (Principal & Interest) • Terms: 3 to 5 -Year Amortization | NO Credit Check | NO Prepayment Penalties