REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,000,000
Est. payment | /mo
106.22 Acres Lot
$ 3,000,000
Est. payment | /mo
106.22 Acres Lot
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-982
Lot Size 106.220 Acres
Acres 106.22
Lot Dimensions 4626943.2
Property Sub-Type Business Opportunity
Source Santa Barbara Multiple Listing Service
Property Description
Edna Ranch presents a rare 50% joint venture opportunity combining classic ranch living with long-term development potential just minutes from downtown San Luis Obispo. Set in Edna Valley with views of Cuesta Range and Nine Sisters, the property includes 4 residences offering immediate income potential. Natural features: three reservoirs, two creeks, mature trees. Water is supported by 3 wells (approx. 20, 14, and 5 GPM). 2 all-weather access roads from Orcutt Road provide reliable entry. Adjacent to city limits & within the Sphere of Influence, the property is slated for future annexation (est 2028 per LAFCO), w/ prior plans for subdivision & higher-density development. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000. *Please contact Henry Burrows for showings: 805-451-4314*
Edna Ranch offers a rare opportunity to partner in a legacy asset that blends classic ranch living with significant long-term development potential--just minutes from downtown San Luis Obispo. This offering is for a 50% joint venture interest, ideal for an investor seeking both current income and future upside.
Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential.
The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property.
Strategically positioned adjacent to city limits and within the City's Sphere of Influence, the property is identified for future annexation--currently anticipated around 2028 per LAFCO guidance--creating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 8-9 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing.
This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.
Edna Ranch offers a rare opportunity to partner in a legacy asset that blends classic ranch living with significant long-term development potential--just minutes from downtown San Luis Obispo. This offering is for a 50% joint venture interest, ideal for an investor seeking both current income and future upside.
Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential.
The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property.
Strategically positioned adjacent to city limits and within the City's Sphere of Influence, the property is identified for future annexation--currently anticipated around 2028 per LAFCO guidance--creating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 8-9 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing.
This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.
Location
State CA
County San Luis Obispo
Direction Please contact Henry Burrows for showings: 805-451-4314
Others
Tax ID 044-411-021
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Avila Beach Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "