$799,000
FOR SALE582 Newman Drive
Arroyo Grande, Ca, 93420
MLS #PI25243680
Subdivision: -
Building: -
3 Beds
1/- Baths
1219 sqft
$ 655.46 /sqft
Dont miss this rare Arroyo Grande opportunity for an expansive 0.86-acre parcel (approx. 37,545 sq. ft.) with remarkable potential for redevelopment or subdivision. The property currently features a 1,219 sq. ft., 3-bedroom, 1-bath, single-level home with an attached 2-car garage, a wide carport for covered parking, and a detached 2-car garage/workshop. While the existing home offers limited value, the true appeal lies in the land and its future possibilities. According to talks with the City of Arroyo Grande, the parcel may be eligible for subdivision with potential for allowing for a Single-Family Residence, an Accessory Dwelling Unit (ADU), and/or a Junior ADU on the sub-dived parcels (buyer to verify). The property is mostly level, fenced, and includes gated rear accessoffering convenience for future construction access, RV or boat storage, or work vehicles. Located just minutes from the charming Arroyo Grande Village, local schools, and everyday amenities, this substantial property represents one of the areas most promising development or investment opportunities. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyers agent with the City of Arroyo Grande and appropriate professionals. Buyers are also encouraged to perform their own due diligence regarding all development options with the City of Arroyo Grande.
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Listing Courtesy of: Real Broker
