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Octagon Way, San Luis Obispo, CA, 93401
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Octagon Way San Luis Obispo, CA, 93401

$4,495,000 Land for sale 48.77 acres

Attention all Farmers and Investors: Here is an amazing opportunity to own 48.77 acres on the outskirts of the City! Located at the south edge of town outside City limits near the Avila Ranch residential development. Property includes 44 acre parcel fully planted lemon trees. This includes three varieties of lemons: Meyer, Lisbon and Eureka each producing 3 times a year! Property includes a 400gpm+/- well on site, a small reservoir and new road access for a great homesite! The lemons are protected by frost protection wind machines, fan jet system, deer fencing surrounding 44 acres of crops, and water and chemical irrigation system. With this much land and a location that's county, and potential homesite with panoramic views you can’t miss this amazing income producing opportunity!
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Property details

2,124,421 sqft interior area
View
City Lights, Hills, Mountain(s), Panoramic
Land area
2,124,421 sqft (48.77 acres)
Price per sqft
$2/sqft
Days on Verhouse
336
Address
Octagon Way, San Luis Obispo, CA, 93401
City of California
San Luis Obispo
County
San Luis Obispo
District
Listing
Zoning
AG

Open Houses

No upcoming open houses

Listed by

Andrew Richardson, Richardson Sotheby's International Realty
Name
Andrew Richardson
License number
01872187
Brokerage company
Richardson Sotheby's International Realty
MLS #
CRSC23094169

Payment calculator

Calculate your monthly payments
Mortgage
$13,801
Taxes
$0
HOA dues
$0
$13,801 per month
Mortgage
$899,000 / 20%
2.28%
30 years
Your amount $13,801 / month

Lot details

TMK #076081024
Lot Description
Agricultural
Parcel #
076081024

93401 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 93401

40%
Families with children
National average: 39%
55%
Non family households
64,642
Population
$84,481
Average Income

Age & gender

Median age 31 years
More info

Commute types

74% commute by car
More info

Education level

31% have college education
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Number of employees

14% work in education and healthcare
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Vehicles available

37% have 2 vehicle
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Vehicles by gender

37% have 2 vehicle
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Housing market insights for

$852.5k
Neighborhood average
sales price*
$750k
Neighborhood median
sales price*
169
Number
of sales*

Housing type

50% are single detacheds
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Rooms

39% of the houses have 4 or 5 rooms
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Bedrooms

62% have 2 or 3 bedrooms
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Owners vs Renters

56% are renters
More info
5.83 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Utilities

Other Water/Sewer
Utilities
Other Water/Sewer

Location Details, Documents & Disclosures

Directions to property
Head south on Higuera street, c

Price history

New Listing Jun 1, 2023
Date Event Price $/sqft Source
Jun 1, 2023 New Listing $4,495,000 2.12 MLS #CRSC23094169

Agent viewpoints of Octagon Way, San Luis Obispo, CA, 93401

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Frequently Asked Questions about Octagon Way

What is Octagon Way?

Octagon Way is a lot of 48.77 acres (about is 2,124,421 sqft).

What is the full address of this Land?

Octagon Way, San Luis Obispo, CA, 93401.

Tell me about the point of interest nearby

The closest grocery stores are Food 4 Less, 0.65 miles away and Trader Joe's, 0.67 miles away.

Based on information from the bridgeMLS as of 05-03-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Nov 18, 2023
Verhouse Last checked 1 minute ago


The closest grocery stores are Food 4 Less, 0.65 miles away and Trader Joe's, 0.67 miles away.
The 93401 zip area has a population of 64,642, and 40% of the families have children. The median age is 31.89 years and 74% commute by car. The most popular housing type is "single detached" and 56% is renter.
Land For sale $4.5m Octagon Way, San Luis Obispo, CA, 93401 48.77 acres Save House Remove from Saved