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11111 Bitterwater RD Santa Margarita, CA 93453
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $369
Subdivision Carrizo Plains/California Valley(62)
MLS Listing ID PI21196824
Sold Date 10/25/21
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2004
Lot Size 42.200 Acres
Property Description
**COMPLETE CANNABIS OPERATION POTENTIAL on this 42+/- acre property !! 1111 Bitter Road is located in the sunbelt region of San Luis obispo. The Current and future value of this property is based on an existing approved permit issued by the County of San Luis Obispo. This permit allows for 2.97 acres of outdoor, 22,000 of feet of indoor, a 3,920 square foot ancillary nursery and 3,000 square feet of seatrains, “for processing and drying”. This is a great business opportunity for anyone wanting to invest in a large cannabis operation. Verify all information with the County of San Luis Obispo. Also on the property is a 3 bedroom, 2 bathroom, 1,760 square foot manufactured home, 32x40 metal shop building, an over-sized carport, and 20x36 animal barn.
Location
State CA
County San Luis Obispo
Area Smrg - Santa Margarita
Rooms
Main Level Bedrooms 3
Interior
Interior Features AllBedroomsDown, BedroomonMainLevel, MainLevelMaster
Cooling CentralAir
Fireplaces Type None
Fireplace No
Laundry Inside, PropaneDryerHookup
Exterior
Pool None
Community Features Foothills, HorseTrails, Mountainous, NearNationalForest, PreservePublicLand
View Y/N Yes
View Hills, Meadow, Mountains, Panoramic, Pasture, Valley
Private Pool No
Building
Lot Description Item01UnitAcre, Agricultural, BackYard, CornerLot, CornersMarked, FrontYard, Garden, HorseProperty, Ranch, StreetLevel
Story One
Entry Level One
Sewer SepticTank
Water Well
Level or Stories One
New Construction No
Schools
School District Atascadero Unified
Others
Senior Community No
Tax ID 072311005
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Horse Property Yes
Horse Feature RidingTrail
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Jay Bond • Bond Real Estate Group
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