Property Description​

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IN CONTRACT.  Located in the beautiful gateway to Avila Beach, the Cerros Avila project is an amazing opportunity for a developer looking for a project with highly desirable home sites that can get underway very soon. The Final Tract Map #3117 is ready for recordation for 22 residential parcels ranging in size from 0.3 to 1 acre and 1 non-buildable open space parcel. The seller would like to retain Lot 7 at close of escrow for his own residence, resulting in a net of 21 buildable lots.

Cerros Avila offers views of Squire Canyon and the surrounding hills of Avila Valley with large but manageable lot sizes. The site plan is designed to maximize the amount of single story residences, which should result in more marketable, higher priced homes.

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ENTITLEMENT SUMMARY
•     Final Tract Map #3117 approved and ready to record
•     CEQA approval through a mitigated negative dec
•     Draft working house plans
•     PG&E preliminary design completed and deposits paid
•     Wastewater seepage pits drilled and developed
•     Property features a high producing on-site well for landscape irrigation

HIGHLIGHTS
•     Final map is signed off and improvements plans are close to final approval
•     Located in the beautiful gateway to Avila Beach
•     Large lots designed for high end single level residences
•     Lots with various options from mountain views to more secluded sites
•     Gated development with two private drives