Views
Address
9109 Principal Avenue Atascadero, CA
Price
$ 2,400,000
Property Attributes
  • MLS#PI19269673
  • TypePending
  • CountySAN LUIS OBISPO
  • CityAtascadero
  • AreaAtascadero
  • NeighborhoodATSoutheast
  • Zip93422
  • Style
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.78 Acres
Listing Provided Courtesy Of:
Charles Richardson with Richardson Prop. Christie's In.
Property Description

Attention all builders and developers!!! Principal Mixed Use Project consists of Tract 3070 at 9105, 9107, and 9109 Principal and 9300 Pino Solo. Fully entitled for 52 houses consisting of 4 different plan types that includes townhouses, live work townhouses, stacked flats, and detached houses. Atascadero is a bedroom community of San Luis Obispo County. The projects's location is at the south end of Atascadero allows a commute of approx. 15 minutes to SLO. Principal will have monthly HOA dues of approx $100 per month. The project must sell 3 stacked flat units to low income buyers and 1 stacked flat unit to a moderate income buyer. In October, 2019, the price limit for a low income buyer is $221,000 and a Moderate Income buyer is $425,000. There is a recorded REA between the housing development and the adjacent Quiky car wash. Quiky pays for all of the cost of maintaining the shared access driveway. The Quiky car wash opened in Summer, 2019. Its operations do not create enough noise to impact house sales. The REA provides that Quiky Car Wash is responsible for any improvements along El Camino Real. To the best of our knowledge, in 2020 and 2021, Principal will be the only entry level housing project under construction in North County (consisting of Atascadero, Templeton, and Paso Robles)which has a combined population of approximately 100,000. Similar products sold in 2017-2018 went for an average price of $465,000.

Price History
12/6/2019 Listed $2,400,000

General Features

Association Y/N Yes
Co-Listing Agent Last Name Andrew
Co-Listing Agent Last Name Richardson
Co-Listing Agent State License # 01872187
Co-listing Agent Andrew Richardson - BRE#01872187
Community Features Curbs, Street Lights
Directions 101 North to Santa Rosa Exit, turn right on San Gabriel rd, left onto El Camino Real, right on Principal. Project is on the left.
Listagentaor Pismo Coast
Listing Agent Charles Richardson - BRE#00416661
Listing Agent State License 00416661
MLS Area ATSC - Atascadero
Price Per Square Foot 14.58
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Principal
Subdivision Name ATSoutheast(40)
View Neighborhood
Zoning mixed use

Exterior Features

Lot Features Level
Lot Size Acres 3.7800
Lot Size Area 164657.0000
Lot Size Source Assessor
Lot Size Square Feet 164657.00
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93422

Price
AVG $600K
$2.4M
Visits
AVG 29
40
Walkscore
AVG 27
44
Data Provided by Walkscore ® not using MLS data

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