3
Beds
1
Baths
1,056
Sq. Ft.
0.34
Acre Lot
679 & 681 are being sold together for their development opportunity. 679 is priced at $550K and 681 is priced at $700K - totally $1.25M. Rare DEVELOPMENT OPPORTUNITY for two adjacent lots totaling 1.44 acres. The properties are currently single family residences with the remnants of a dog kennel. This prime location is well aligned with the current need for housing. Each site is zoned R-2 (Medium Density Residential). Per the City of Santa Maria Planning Department, 17 units total could potentially be developed on the combined lots and a Conditional Use Permit would be required prior to developing. Also, per the City of Santa Maria, a higher density could potentially be accomplished typically with more low income affordable units. The parcels have 2 street frontages for optimum access.NOTE - the nearby 575 E. Newlove 1.4 acre parcel has just completed the new construction of 4 multi-housing buildings consisting of 16 two bedroom apartments.Convenient to restaurants, the extensive Betteravia Road/Broadway retail corridor, and Allan Hancock College. Easy access to Highway 101 and surrounding communities. Interested parties must verify allowed uses and density through the City Planning Department.
22001752
Residential - Single Family, Other
3
1 Full
1915
Santa Barbara
0.34
Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Courtesy: Adam McKaig, Douglas Elliman Of California Inc.
Agent Office Phone: 8054526884
Agent License: 01237501