1688 Quiet Oaks Drive

    Arroyo Grande, CA 93420
    • $2,499,000
    • STATUS: Active
    • ON SITE: 218 days
    • ID#: PI18085347
    UPDATED: 73 min ago
    $2,499,000
    • 0
      BEDS
    • 10.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,304
      SQFT
    • $301
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Where do you start on a property like this? This is truly a one of a kind property. Spread out on just under 11 acres stand 5 fully permitted single family homes. The original home is a 5 bedroom, 3 bath 3904 sqft home, with an attached 2 bedroom, 1 bath +G+apartment+G- that is included in the square footage. The secondary home is a 3 bedroom, 2 bath, 2500 home (all dirt around this home will be filled with fresh sod in a week or two). Then there are three additional homes spread out amongst the property. The first is a 1 bedroom, 1 bath, 400 sqft home. The second is a 2 bedroom, 1 bath, 900 sqft home. The third is a 1 bedroom, 1 bath, 600 sqft home. Check out the map in the pictures to see the rental income breakdown of all the homes and the total income generated on a yearly basis. Owners have a transfer development credit (TDC) on file with the county so the lot can be split in to two 5 acre parcels. And if split, will be allowed to still build two additional homes. One secondary unit on one and one primary unit on the other. Did I mention the views? Enjoy sweeping views of Laetitia Vineyards all the way to the Pismo Heights and Bishops Peak from three of the residents! The owners used to run an elderly care facility out of the original main 3904 sqft home. Wedding venues, care facility, recovery facilities, the possibilities are endless with this truly one of a kind property. *interior pictures to come shortly!*

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/82650554

    1688 Quiet Oaks Drive Arroyo Grande, CA 93420

    • Price: $2,499,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: PI18085347
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.88
    Acres
    8,304
    SQFT
    $301
    $/SQFT
    1980
    Built
    Neighborhood:
    West Of 101(1000)
    County:
    San Luis Obispo
    Area:
    ARRG - Arroyo Grande
    Property Description
    Where do you start on a property like this? This is truly a one of a kind property. Spread out on just under 11 acres stand 5 fully permitted single family homes. The original home is a 5 bedroom, 3 bath 3904 sqft home, with an attached 2 bedroom, 1 bath +G+apartment+G- that is included in the square footage. The secondary home is a 3 bedroom, 2 bath, 2500 home (all dirt around this home will be filled with fresh sod in a week or two). Then there are three additional homes spread out amongst the property. The first is a 1 bedroom, 1 bath, 400 sqft home. The second is a 2 bedroom, 1 bath, 900 sqft home. The third is a 1 bedroom, 1 bath, 600 sqft home. Check out the map in the pictures to see the rental income breakdown of all the homes and the total income generated on a yearly basis. Owners have a transfer development credit (TDC) on file with the county so the lot can be split in to two 5 acre parcels. And if split, will be allowed to still build two additional homes. One secondary unit on one and one primary unit on the other. Did I mention the views? Enjoy sweeping views of Laetitia Vineyards all the way to the Pismo Heights and Bishops Peak from three of the residents! The owners used to run an elderly care facility out of the original main 3904 sqft home. Wedding venues, care facility, recovery facilities, the possibilities are endless with this truly one of a kind property. *interior pictures to come shortly!*
    Exterior Features

    Fence YN Yes Fencing Masonry Foundation Details Slab Garage Spaces 2.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedDrivewayDriveway - AsphaltDriveway - ConcreteDriveway - GravelDriveway - UnpavedDriveway LevelGarageGarage - Front EntryGarage - Side EntryGarage Door OpenerParking Space Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Roof CompositionShingle View City LightsHillsMeadowMountainPanoramicPastureTrees/WoodsValleyVineyard View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Whole House Fan Cooling YN Yes Door Features Double Door EntryFrench Doors Fireplace Features Wood Fireplace YN Yes Heating Central Furnace Heating YN Yes Interior Features Cathedral-Vaulted CeilingsCeiling FanHigh Ceilings (9 Feet+) Laundry Features Individual RoomInside Levels OneTwo Room Type DenFamily RoomFormal EntryKitchenLaundryLiving RoomMain Floor BedroomMain Floor Master BedroomMaster BathroomMaster BedroomMaster SuiteOfficeSeparate Family RoomWalk-In Closet

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Rural Country Us Electric Expense 7200.00 Elevation Units Feet Fuel Expense 1200.00 Gross Income 1296600.00 Gross Scheduled Income 129660.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 117980.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 11680.00 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Subdivision Name Other West Of 101(1000) Total Expenses 11680.00 Trash Expense 1080.00 Utilities Cable AvailableElectricity Connected Water Sewer Expense 1200.00 Water Source Shared Well

    Listing provided courtesy of Hal Sweasey of Re/Max Del Oro and Graeme Baldwin of Re/Max Del Oro.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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