237 Acres with Many Possibilities for Future Use- $5,150,000

237 Acres—Four Separate Parcels
Parcel Number # Acres
020-282-002     88.32
020-282-003      26.83
020-282-004      72.20
020-283-005      51.79
This 237 acres, located adjacent to the most impressive and exclusive residential development in Northern San Luis Obispo County, has great potential and the highest and best use at this time would be for Agricultural purposes. A high volume irrigation well and much of the land is suitable for irrigated crops. A future potential for this land would be the development of a wine grape vineyard with possible winery and tasting room. This nearly level acreage would also be very suitable for a horse ranch development as the sandy loam soils would be highly suited for raising horses, pastures and feed. A ranch house is located on the 26.83 acre parcel and at the entrance to the property. The home will be shown only when an offer has been submitted.
The City of Paso Robles has future plans to build a bridge across the Salinas River and could very well terminate on a portion of this property. The future looks bright for uses that could include Residential and commercial development. An Open Space Easement encumbering lots 148 and 149 ( see attached plat map) with frontage along the Salinas River . There is an easement reserved for a Public Trail System through these two parcels along the east bank of the Salinas River. An easement for the Nacimiento Water Pipeline, which is currently being installed this summer of 2008, also exists.




 

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This information is considered to be correct but has not been verified by Bob Graham Realty, Inc.