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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$899,000

Est. payment - /mo

2 Beds

1 Bath

965 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 965 sqft

Price per Sqft $931

Subdivision North Grover Beach(350)

MLS Listing ID PI26048438

Bedrooms 2

Full Baths 1

Construction Status Fixer,Repairs Major

HOA Y/N No

Year Built 1949

Lot Size 0.344 Acres

Property Sub-Type Single Family Residence

Property Description

This oversized Grover Beach R1-zoned lot offers rare subdivision (3 lots) and single-family-plus-ADU development potential in one of the city's most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lot—about three times the size of a standard area parcel—and includes an existing smaller single-family residence, providing a quick path to value while you plan your long-term project.
**Development Potential
R1 zoning with an approximately 15,000 sq ft lot allows for subdivision into THREE parcels consistent with the City's minimum lot size standards (Buyer to verify with City of Grover Beach). The City of Grover Beach has indicated that the lot is eligible for subdivision under current code, with additional opportunities potentially available through Urban Lot Split provisions (Buyer to verify with City of Grover Beach). Each resulting lot may be eligible for a primary residence plus Accessory Dwelling Units (ADUs), Junior ADUs, or Urban Dwelling Units under current regulations, creating a path for up to 12 units across the finished subdivision (3 three lots with 4 total units per lot) (Buyer to verify with City of Grover Beach).
**Location Highlights
Located in North Grover, widely considered the most desirable part of Grover Beach, the property is close to beaches, dining, and major commuter routes. The surrounding area features an established neighborhood feel with strong end-user and renter demand, supporting both resale and long-term hold strategies.
**Ideal Buyer Profiles **Developers seeking a small-lot subdivision project with strong ADU upside.
**Investors looking to create a multi-unit rental cluster within a single, well-located project.
**Owner-users who want a primary home with room for extended family, guest units, or future income-producing ADUs. ** Some images are renderings only, used as an example for future development ideas.
Buyer to verify all zoning, subdivision feasibility, number and type of units allowed, and all development requirements directly with the City of Grover Beach.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning R1

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Heating Forced Air

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Gravel, No Driveway, Pull-through, RV Access/Parking

Fence Wood

Pool None

Community Features Gutter(s), Street Lights, Suburban, Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Accessibility Parking

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Near Park, Rectangular Lot, Street Level, Value In Land, Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Major

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 060111018

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Notice Of Default

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Listed by Abel Contreras Invest SLO 805-709-7143, DRE #02062620

NEARBY SCHOOL & BUSINESS

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