This is a Bankruptcy Sale and can be overbid in court. Court date is scheduled for August 25th. Call your Realtor for details. This single-story cottage, originally built in late 1940’s, features a straightforward 2-bedroom, 1-bathroom plus storage room. The existing home features tile flooring in the living area and kitchen, gray cabinetry, and a low-maintenance layout. The defining characteristic of this property is its large, level lot, which spans a remarkable 11,326 square feet. Finding a flat parcel of this magnitude in a beachside community is exceptionally rare, providing a footprint that drastically outsizes standard regional lots. The expansive open space surrounding the home, wide side yard, and vast rear yard offer a blank slate for potential development. Beyond the sheer size of the land, the property’s development potential is fully unlocked by its favorable Multi Family (R2) zoning designation. This zoning opens up a variety of future development pathways. Consult with the City of Grover Beach if your goal is to execute a complete multi-unit redevelopment or strategically build out across the massive parcel while keeping the original cottage, this unique property delivers the flexible zoning and rare land mass required to maximize your investment
| MLS # | PI26133438 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1949 |
| Days On Site | 68 |
| Listing Provided By | NextHome Central Coast | Dick Keenan |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 912 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.26 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Utility Room |
| Appliances | Free Standing Range |
| Fireplace Yes / No | No |
| Roof | Composition |
|---|---|
| Construction Materials | Stucco |
| Foundation Details | Raised |
| Fencing | Wood |
| Parking Features | None, Off Street |
|---|---|
| Garage Yes / No | No |
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Gutters |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
| Community Name | Grover Beach (330) |
| Listing VS Median (in Grover Beach (330)) | |
Price: $550,000 low | high Med: $842,000 sqft: 912 low | high Med: 1,132 $ / sqft: $603 low | high Med: $759 On site: 68 low | high Med: 146 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
| Community Name | Grover Beach (330) |
| Listing VS Median (in Grover Beach (330)) | |
Price: $550,000 low | high Med: $842,000 sqft: 912 low | high Med: 1,132 $ / sqft: $603 low | high Med: $759 On site: 68 low | high Med: 146 | |