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250 CIMARRON WAY, ARROYO GRANDE, CA 93420

250 Cimarron Way
Arroyo Grande, CA 93420

$2,150,000

Beds: 3
Baths: 2 | 2
Sq. Ft.: 2,835
Listing #PI17255463
INVESTMENT OPPORTUNITY! This magnificent 30 acre parcel with Single Family home is process of being subdivided into (5)-5 acre plus view parcels. Tract approval through County and BRE is complete. Hard stuff has been completed. There's approximately $250-300k improvements to be completed prior to final map recordation (bids available), can be bonded. When division is complete the house will sit on 7 acres with 4 additional 5 acre plus View lots. The 4 lots have new individual wells producing 50 gpm's (reports available). Property and house have phenomenal Laetitia Vineyard view and a sneak peek at Avila Bay. Views from every room, with Redtail Hawks at eye level. Sunsets galore and Oak trees O'plenty. Entertainer's delight. House is single story Spanish style ranch with open beam vaulted ceilings, wrap around open beam covered patio, built-in outdoor propane fire pit. 3 bedroom with Office, 3.25 bath, 2 car garage, 2 master Suites, 2x6" walls, casement dual glaze windows, tile floors, fireplace, custom wood mantel, large kitchen with island and prep sink, open floor plan. Perfect for Builder/Contractor to live in existing house while building specs on the 4 lots or use house as BnB with it's fantastic views. Or, family compound deeding adjoining lots to family. Grow grapes for gentleman vineyard, Weddings? Zoned for horses. Close to recreation Pismo Dunes, Avila Bay and minutes to 3 golf courses. 2 homes can be built on each lot. Reasonable offers will be considered.
Property Features
Location Information
County: San Luis Obispo
MLS Area: Arroyo Grande
Community: Rural
Subdivision: Other (OTHR)
Directions: 101 to Los Berros/Thompson exit, go east and immediate north on Cimarron to round about, turn left then first right
Interior Features
Common Walls: No Common Walls
Windows/Doors Description: Doors: , Windows: Casement Windows, Insulated Windo
Rooms: All Bedrooms Down, Formal Entry, Foyer, Galley Kitchen, Great Room, Library, Main Floor Bedroom, Main Floor Master Bedroom, Two Masters, Walk-In Closet, Walk-In Pantry
Interior: Beamed Ceilings, Built-Ins, Cathedral-Vaulted Ceilings, Ceiling Fan, Ceramic Counters, Corian Counters, Formica Counters, Open Floor Plan, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Tile Counters, Vacuum Central, Wired for Data
Full Baths: 2
3/4 Baths: 1
1/4 Baths: 1
Has Fireplace: yes
Fireplace Description: Propane, Fire Pit, Great Room, Raised Hearth
Heating: Central Furnace, Forced Air, Propane, Fireplace
Cooling: Whole House Fan
Floors: Carpet, Tile
Laundry: Individual Room, Inside, Propane Dryer Hookup, Washer Hookup
Appliances: Built In Range, Dishwasher, Electric Oven, Garbage Disposal, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Propane Range, Propane Water Heater, Range/Stove Hood, Recirculated Exhaust Fan, Water Line to Refrigerator, Water Softener
Accessibility: 32 Inch Or More Wide Doors, No Interior Steps
Exterior Features
Style: Ranch, Spanish
Stories: One
Construction: Stucco
Exterior: Satellite Dish
Foundation: Slab
Roof: Ridge Vents, Spanish Tile
Water Source: Well
Septic or Sewer: Conventional Septic
Utilities: Propane, Underground Utilities
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detecti
Has Garage: yes
Garage Spaces: 2
Parking Spaces: 2
Patio / Deck Description: Covered, Patio, Wrap Around
Pool Description: None
Is a Horse Property: yes
Lot Description: 26-30 Units/Acre, Horse Property Unimproved
Lot Size in Acres: 30
Lot Size in Sq. Ft.: 1, 306, 800
Has View: yes
View Description: Bay, Canyon, City Lights, Hills, Mountain, Ocean, Panoramic, Peek-A-Boo, Trees/Woods, Vineyard
Is One Story: yes
Has a Vineyard: yes
School
School District: Lucia Mar Unified
Additional Information
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 2001
APN: 090042017
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Garage Description: Has Attached Garage
Lot Square Feet Source: Assessor


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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Jack Tracy - Jack Tracy Realty
©2018 California Regional Multiple Listing Service, Inc. All Rights Reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS).
Central-North CRMLS data last updated at February 25, 2018 4:46 PM PT