Property Description​

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Located just off James Way in the beautiful Rancho Grande area of Arroyo Grande, this project is an amazing opportunity for a developer looking for highly desirable homesites and a project that can get underway very soon. The Final Tract Map #1998 has been recorded for 15 residential parcels ranging in size from 7,200 to 23,735 square feet and a 22.2 acre open space parcel.  

This planned unit development will have a rural feel being surrounded by large open space with walking trails, yet is located very close to shopping, medical services and the Rancho Grande Park. Home designs have been approved by the city and the ARC, however a developer can submit for new designs of their own.  

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ENTITLEMENT SUMMARY

• Final Tract Map #1998 recorded

• Recorded Vested Tract Map

• Approved Improvement Plans

• City and ARC approved house designs

• Recorded CC&Rs

HIGHLIGHTS

• Near shovel ready project

• Located in highly desirable community of Rancho Grande

• Average homes sales within a 1/2 mile radius of $1,475,000

• Average age of homes in surrounding area is 25 years

• Ocean views possible