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1981 Green, Cambria, CA 93428

$1,100,000 Approx. USD 0 beds, 0 baths

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Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660 949-644-6200

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Listing Agent

Owen Schwaegerle
Lic#: 02040597
Broker: Courtesy of Keller Williams Realty Central Coast
Phone: 805-215-5063

Co Listing Agent

Camille Schwaegerle
Broker: Courtesy of Keller Williams Realty Central Coast
Phone: 805-215-5073

Agent Remarks

Seeking your next senior housing development project? Presenting an exceptional investment opportunity with this 1.25-acre multifamily-zoned property nestled in the picturesque town of Cambria. This 7 lot property owns the rights to 2 water meters within the Cambria Community Service District (CCSD) in the amount of 11.78 Equivalent Dwelling Units (EDUs), which could accommodate approximately 29 senior housing apartments. This site was previously approved by the San Luis Obispo County Planning Department and Board of Supervisors for a 31-unit / 41-bed RCFE Assisted Living - Memory Care facility of 28,000 square feet. All utilities are available at the property including water, sewer, natural gas, electrical power, telephone, and cable. Sale includes an extensive library of completed architectural, engineering, environmental, and geotechnical studies and compliance documents. Due to the high demand for more affordable housing in California, and the state mandating local municipalities to approve more construction projects, this lot is ripe with development potential!

Listing Details

Property type: Lots/Land (Lots/Land)

Status: ACTIVE

MLS# SC24001286

Price: $1,100,000

HOA Fee is $0.00

Beds: 0

Baths: 0

1.25 acres

County: San Luis Obispo

Last Updated: 1/2/2026

Days On Market (DOM): 905

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Lat/Long: 35.549851, -121.072291.
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Lic#: 01317331