8550 MAGDALENA DRIVE, SAN MIGUEL, CA 93451

8550 Magdalena Drive
San Miguel, CA 93451

$3,260,000

Type: Lots / Land
Listing #NS17108122
San Miguel Terrace is a 37 lot residential land site totaling approximately 48.63 acres in San Miguel, CA. The San Luis Obispo County market is strong and growing, with a burgeoning wine tourism industry and a robust, diverse economy. New construction of single family homes is limited and the current supply is struggling to keep up with the migration of new homebuyers. Get ahead of the curve with this unique opportunity to own residential land in a rapidly developing market. San Miguel Terrace is one of the select few, build-ready residential land sites of this size in San Luis Obispo County. Rights to record tract map extends until 2022.
Property Features
Location Information
County: San Luis Obispo
MLS Area: San Miguel
Community: Mountainous, Rural
Directions: From Mission St. take N. River Rd. South. Make a left on Magdalena Dr.
Exterior Features
Water Source: Public
Utilities: Water Available
Lot Description: 0-1 Unit/Acre
Lot Size in Acres: 48.63
Zoning: SFR
View Description: Vineyard
Additional Information
Property Type: LL
APN: 027251017
Status: Active
HOA Fee: 0


$ per month
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Michael Handley - Town N Country Realty
©2017 California Regional Multiple Listing Service, Inc. All Rights Reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS).
Central-North CRMLS data last updated at September 22, 2017 4:54 PM PT