DEVELOPMENT OPPORTUNITY –
Exceptional residential development opportunity in the heart of Atascadero, minutes from Highway 101 and Atascadero’s growing commercial corridor. This approximately 2.5-acre parcel is currently in the entitlement process for a thoughtfully planned 10-home residential development, with proposed homes of approximately 2,400 square feet each.
Significant site preparation has already been completed. The previous fire-damaged residence has been demolished, approximately 300 eucalyptus trees have been removed, and extensive clearing and grading have transformed the property into a substantially improved development site—saving a future developer considerable time, expense, and site-preparation work. Will be sold with tentative tract map and full entitlements. All utilities are adjacent to the property and ready to be connected (subject to improvement plans).
The property is ideally positioned along the El Camino Real corridor near some of Atascadero’s newest commercial growth and amenities. Valley Fresh Market is now open within walking distance, with shopping, restaurants, hotels, medical clinics, services, and other commercial development nearby.
With demand for quality housing on California’s Central Coast and limited opportunities for residential development sites of this scale, 1375 El Camino Real presents a compelling opportunity for a builder or developer looking for a well-located project with substantial preliminary work already completed.
Offered at $1,495,000.
A rare opportunity to acquire a residential development site where much of the heavy lifting has already begun.
Lot/land
Listed by: Cal Coastal Properties • Marco Caracas • Contact: 805-674-8050
$1,499,000
1375 El Camino Real Lot 23, Atascadero, CA 93422
--beds
--baths
2.5Acres
Unimproved Land
Built in ----
2.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- 127
- 5
Zillow last checked:
Listing updated:
Listed by:
Marco Caracas DRE #01431545 805-674-8050,
Cal Coastal Properties
Source: CRMLS,MLS#: PI26191214
Originating MLS: California Regional MLS
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.5 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 049101015
- Zoning: R1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
- Subdivision: Other
Location
- Region: Atascadero
Financial & listing details
- Date on market: 9/1/2026
- Listing terms: Cash,Conventional,Contract
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,499,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 93422
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