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$2,700,000
Est. payment /mo
5.64 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Tempwest(100)
MLS Listing ID SC25052872
HOA Y/N No
Lot Size 5.640 Acres
Property Description
Welcome to the charming town of Templeton, California! Toad Creek Terrace offers an exceptional opportunity to develop a premier townhome community in one of the most sought-after locations on the Central Coast. This prime development site is centrally located near parks, restaurants, wineries, and other local amenities, providing future residents with the perfect balance of small-town charm and modern convenience. Nestled between the neighboring cities of Paso Robles and Atascadero, Templeton offers a tranquil, rural atmosphere while being just a short drive from the bustling activity of these nearby communities. The property is approximately 30 minutes from the coastal town of Morro Bay, and 25 minutes to downtown San Luis Obispo, making it an ideal spot for those seeking easy access to natural beauty, hiking, fishing, surfing, and urban amenities. Templeton has seen an impressive increase in home values in recent years, making it a thriving market for new residential developments. With water rights, approved subdivision improvement plans, and permit-ready home designs for 20 townhomes, Toad Creek Terrace presents an opportunity to build and sell in a high-demand area.
Location
State CA
County San Luis Obispo
Area Tton - Templeton
Zoning RSF
Interior
Fireplace No
Exterior
Community Features Curbs, Storm Drain(s), Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
View Trees/Woods
Present Use Improved
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 041031013
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Erik Berg-Johansen Richardson Sotheby's International Realty 805-538-1828
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