12
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$5,500,000
Est. payment /mo
5.19 Acres Lot
Active
11600 El Camino Real Atascadero, CA 93422
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NS26208978
Lot Size 5.190 Acres
Property Sub-Type Lots/Land
Property Description
FOR SALE: Fully-approved, mixed-use development. Multi-family, Retail, Vacation rentals. 5.19 Acres. Seven Parcels. Fully-Entitled. Shovel-ready project. Dove Creek is a fully-approved, shovel-ready mixed-use development opportunity on California's Central Coast a 5.19-acre site located one block from Highway 101 on Atascadero's main commercial corridor, El Camino Real. Positioned between the Paso Robles and San Luis Obispo wine regions and the Pacific Ocean, the region offers a strong tourism and housing market with high demand for retail and hospitality. Local demand continues to grow for dining, entertainment, and visitor accommodations, and the highest per-capita incomes in the county, Atascadero remains underserved for retail. 5.19 ACRES 71 RESIDENTIAL CONDOS 20 VRBO / HOTEL ROOMS 14,840 SF RETAIL 7 PARCELS (VTTM) The site is midway between San Francisco and Los Angeles, and just a 15-minute drive to the City of San Luis Obispo. The area draws consistent visitor traffic from more than 250 area wineries, year-round outdoor recreation, and a thriving tourism economy. Dove Creek offers the opportunity to deliver a transformative, walkable mixed-use destination. Residential Condominiums: 71 units (one- and two-bedroom), designed for both long-term rental and condominium sales. Vacation Rental / Hotel: 20-room VRBO / hotel offering with kitchens purpose-built for region's thriving hospitality market, capturing wine country and coastal tourism demand. Commercial Retail 14,840 square feet across four buildings. Community seeks dining, entertainment, and specialty retail. En
Location
State CA
County San Luis Obispo
Direction On corners of Santa Barbara Road and El Camino Real
Interior
Fireplace No
Exterior
View Y/N No
Present Use Unimproved
Others
Senior Community No
Tax ID 045331014
Acceptable Financing Cash
Listing Terms Cash
Listed by Michael Manchak, DRE#02205849 Real Broker
Co-listed byCharlie Richardson • Charles Richardson, Broker
Co-listed byCharlie Richardson • Charles Richardson, Broker
NEARBY SCHOOL & BUSINESS
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