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$ 2,300,000
Est. payment /mo
New
2450 Golden Hill Paso Robles, CA 93446
11.88 Acres Lot
UPDATED:
02/22/2025 03:00 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS25035622
HOA Y/N No
Lot Size 11.880 Acres
Acres 11.88
Property Sub-Type Lots/Land
Property Description
PASO ROBLES LAND DEVELOPMENT OPPORTUNITY! This well located 11.8 acre parcel awaits your imagination & future development. Currently zoned R3-PD (with a senior housing overlay). The site was previously approved for a 125 unit senior development (those entitlements expired in 2018), although the City of Paso Robles would certainly reconsider a similar senior project. But this site has many other possibilities, as the City has indicated that they would consider re-zoning proposals to either a lower density residential zoning or even increased density zoning depending on the use proposed. And per a city planner, removing the senior housing overlay is also a possibility, depending on the elements of a proposed new project. Gentle, rolling topography and limited traffic impact off Golden Hill Road provide a peaceful setting, which is further enhanced by the adjacent and picturesque Chandler Ranch. Quality homes are located on either side of the land, and the site is easily accessed from both Hwy 46E and the vibrant downtown Paso Robles... yet it maintains a distinctly rural feel. Consider a 55+ residential development, yielding homes priced between the Sierra Bonita/Turtle Creek developments and much more expensive Traditions, Vintage and new Trilogy project (currently under construction). A few conceptuals will follow next week to illustrate just a few of these ideas. As an added bonus, there is an existing 3 bedroom 2 bath 1,400SF home that is currently rented and will provide some permit credits and rental income until your new project breaks ground.
PASO ROBLES LAND DEVELOPMENT OPPORTUNITY! This well located 11.8 acre parcel awaits your imagination & future development. Currently zoned R3-PD (with a senior housing overlay). The site was previously approved for a 125 unit senior development (those entitlements expired in 2018), although the City of Paso Robles would certainly reconsider a similar senior project. But this site has many other possibilities, as the City has indicated that they would consider re-zoning proposals to either a lower density residential zoning or even increased density zoning depending on the use proposed. And per a city planner, removing the senior housing overlay is also a possibility, depending on the elements of a proposed new project. Gentle, rolling topography and limited traffic impact off Golden Hill Road provide a peaceful setting, which is further enhanced by the adjacent and picturesque Chandler Ranch. Quality homes are located on either side of the land, and the site is easily accessed from both Hwy 46E and the vibrant downtown Paso Robles... yet it maintains a distinctly rural feel. Consider a 55+ residential development, yielding homes priced between the Sierra Bonita/Turtle Creek developments and much more expensive Traditions, Vintage and new Trilogy project (currently under construction). A few conceptuals will follow next week to illustrate just a few of these ideas. As an added bonus, there is an existing 3 bedroom 2 bath 1,400SF home that is currently rented and will provide some permit credits and rental income until your new project breaks ground.
PASO ROBLES LAND DEVELOPMENT OPPORTUNITY! This well located 11.8 acre parcel awaits your imagination & future development. Currently zoned R3-PD (with a senior housing overlay). The site was previously approved for a 125 unit senior development (those entitlements expired in 2018), although the City of Paso Robles would certainly reconsider a similar senior project. But this site has many other possibilities, as the City has indicated that they would consider re-zoning proposals to either a lower density residential zoning or even increased density zoning depending on the use proposed. And per a city planner, removing the senior housing overlay is also a possibility, depending on the elements of a proposed new project. Gentle, rolling topography and limited traffic impact off Golden Hill Road provide a peaceful setting, which is further enhanced by the adjacent and picturesque Chandler Ranch. Quality homes are located on either side of the land, and the site is easily accessed from both Hwy 46E and the vibrant downtown Paso Robles... yet it maintains a distinctly rural feel. Consider a 55+ residential development, yielding homes priced between the Sierra Bonita/Turtle Creek developments and much more expensive Traditions, Vintage and new Trilogy project (currently under construction). A few conceptuals will follow next week to illustrate just a few of these ideas. As an added bonus, there is an existing 3 bedroom 2 bath 1,400SF home that is currently rented and will provide some permit credits and rental income until your new project breaks ground.
Location
State CA
County San Luis Obispo
Area Paso Robles (93446)
Exterior
Utilities Available Electric,Other/Remarks
Building
Lot Size Range 10+ to 20 AC
Sewer Septic Installed
Others
Miscellaneous Value in Land
Acceptable Financing Seller May Carry
Listing Terms Seller May Carry
Virtual Tour https://trimotionmedia.hd.pics/2450-Golden-Hill-Rd
Listed by Scott Ehrke • RE/MAX Success
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