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42 Old County rd 5.64 Acres of Residential Land Offered at $1,575,000 in Templeton, CA 93465
Investment Highlights
- Approved development with water
- Located in a high demand area in Central Coast CA
- Prime location downtown Templeton, CA
Executive Summary
Welcome to the charming town of Templeton, California. Toad Creek Terrace offers an exceptional opportunity to develop a premier townhome community in one of the most sought-after locations on the Central Coast. This prime development site is centrally located near parks, restaurants, wineries, and other local amenities, providing future residents with the perfect balance of small-town charm and modern convenience. Nestled between the neighboring cities of Paso Robles and Atascadero, Templeton offers a tranquil, rural atmosphere while being just a short drive from the bustling activity of these nearby communities. The property is approximately 30 minutes from the coastal town of Morro Bay, and 25 minutes to downtown San Luis Obispo, making it an ideal spot for those seeking easy access to natural beauty, hiking, fishing, surfing, and urban amenities. Templeton has seen an impressive increase in home values in recent years, making it a thriving market for new residential developments. With water rights, approved subdivision improvement plans, and permit-ready home designs for 20 townhomes, Toad Creek Terrace presents an opportunity to build and sell in a high-demand area.
Property Facts
| Price | $1,575,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.64 AC |
| Property Type | Land | ||
| Zoning | RSF - Residential Single Family | ||
| Price | $1,575,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.64 AC |
| Zoning | RSF - Residential Single Family |
1 Lot Available
Lot
| Price | $1,575,000 | Lot Size | 5.64 AC |
| Price Per AC | $279,255.32 |
| Price | $1,575,000 |
| Price Per AC | $279,255.32 |
| Lot Size | 5.64 AC |
NEW PRICE, PERMIT READY PROJECT FOR 20 TOWNHOMES. WATER UNITS ARE PAID FOR AND AVAILABLE.
1 1
Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Contacts
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Erik Berg-Johansen -
Chris Richardson -
Central Coast Sotheby's International Realty
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