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4040 Las Pilitas Rd
Santa Margarita, CA 93453
378+/- Acres with Two Homes and Two Wells · Land For Sale · 378.00 AC

INVESTMENT HIGHLIGHTS

  • Williamson Act for low taxes
  • Four legal parcels
  • Cattle or Horses

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Proposed Use
Multifamily
  • Single Family Development
  • Winery or Vineyard
Total Lot Size 378.00 AC
No. Stories 2
Zoning Agriculture

DESCRIPTION

Here is a spectacular 378+/- acre ranch with four legal parcels, two separate homes, and two water wells - all in the Williamson Act for reduced property taxes. This ranch is unique in being less then 20 minutes to both SLO and Atascadero while having complete privacy in a safe high value area. The parcel with the homes is in process of removal from Williamson act, allowing 2 more homes to be added and separate sales opportunity, so there are capital gains advantages in just a few years. In uncertain times this ranch offers both security, and entertainment: it is perfect for ranching, farming, hiking, hunting, off-roading, mountain biking and more. The ranch backs to land locked BLM land which means it is there for your use but not public access. The natural beauty and wildlife are breathtaking and include a seasonal stream and spring, unique rock outcroppings, many elevated home sites with distant views, oaks, pines, and manzanita trees. All 4 parcels are zoned 'Agriculture' and are outside the Paso Robles Groundwater Basin, so there are no water use restrictions. You even get your own brand ('VP') in the sale. Drive the manicured ranch roads to the homes, water tank, pole barn, art studio building, horse facilities, and the view lookouts. Come see how this property might be perfect for your intended use, and long term development options. Be sure to see the link to the aerial video over the ranch!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 070-221-063
  • 070-233-045
  • 070-221-065
Land Assessment
$30,471
Improvements Assessment
$24,594
Total Assessment
$55,065
  • Listing ID: 18002568

  • Date on Market: 12/19/2019

  • Last Updated:

  • Address: 4040 Las Pilitas Rd, Santa Margarita, CA 93453

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