2450 Golden Hill Road, Paso Robles, CA 93446 - Berkshire Hathaway HomeServices California Properties
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2450 Golden Hill Road, Paso Robles, CA 93446

$2,300,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Scott Ehrke | scott@realteam360.com
Lic#: 01012637
Broker: Courtesy of RE/MAX Success

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active Under Contract
MLS# NS25035622
Price: $2,300,000
HOA Fee is $0.00
Beds: 0
Baths: 0
11.88 acres
Lot size: 11.8800
Subdivision: PR City Limits East(110)
County: San Luis Obispo
Zoning: R3-PD
Lot description: Irregular Lot,Rolling Slope,Value In Land
MLS area: PRIC - PR Inside City Limit

Last Updated: 3/29/2025

 Days On Market (DOM): 35

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This listing belongs to the PRIC - PR Inside City Limit MLS area

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Lat/Long: 35.635059, -120.655440.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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