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1253 E Grand Ave
Arroyo Grande, CA 93420 Arroyo Grande/Nipomo

$1,950,000 USD

Land For Sale  •  0.48 AC

Property Details

  • Property Type Land
  • Lot Size 0.48 AC
  • Zoning GMU (Gateway Mixed Use)
30 Transit Score
50 Walk Score

Description

A rare shovel-ready development play on California's Central Coast. This fully entitled, mapped infill site sits behind the Banc of California branch on East Grand Avenue in Arroyo Grande and carries City-approved plans for eight three-story coastal townhomes on individually mapped, fee-simple lots (Tract 3210, Lots 1–8) — a true planned development, not condominiums.
Each home is approximately 1,867 SF: 3 bedrooms, 3 full baths plus a powder room, with a private in-unit elevator serving all three floors, an attached two-car garage, in-unit laundry, a top-floor great room opening to a balcony, and its own private ~244 SF rooftop deck. Two mirrored floor plans (Plan A / Plan B) give the row visual variety.
Entitlements are in hand: recorded final map, recorded CC&Rs, and an established HOA, with access from East Grand Avenue secured by recorded easement across the adjacent parcel. Zoned Gateway Mixed Use in a walkable corridor — grocery and retail within a short walk, minutes to Highway 101, Pismo Beach, and the historic Arroyo Grande Village. A builder can move straight to construction drawings and pull permits

Highlights

8 fee-simple, individually mapped townhome lots
City-approved plans, recorded map & CC&Rs
~1,867 SF per home: 3 bd / 3.5 ba, in-unit elevator, 2-car garage, rooftop deck
14,936 SF total sellable living area + eight attached 2-car garages
Land basis ˜ $243,750/lot (˜ $93/SF land; ˜ $131/buildable SF)
Walkable East Grand corridor — minutes to Hwy 101, Pismo Beach & the Village

Public Transportation

Commuter RailDriveWalkDistance
Grover Beach Amtrak (Pacific Surfliner - Amtrak) 4 min - 1.6 mi
AirportDriveWalkDistance
San Luis County Regional 18 min - 10.5 mi
Dennis Allan 805-473-7500 Allan Real Estate Investments
Dennis Allan 805-473-7500 Allan Real Estate Investments