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Santa Margarita, CA 93453,11111 Bitterwater RD
Santa Margarita, CA 93453,11111 Bitterwater RD
Santa Margarita, CA 93453,11111 Bitterwater RD
$650,000
Est. payment /mo
$999,999
35.0%
Est.Price: ?

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3 Beds
2 Baths
1,760 SqFt
SOLD DATE : 10/25/2021

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

Bedrooms 3

Full Baths 2

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

Interior

Cooling CentralAir

Fireplaces Type None

Laundry Inside, PropaneDryerHookup

Exterior

Pool None

Community Features Foothills, HorseTrails, Mountainous, NearNationalForest, PreservePublicLand

View Y/N Yes

View Hills, Meadow, Mountains, Panoramic, Pasture, Valley

Building

Lot Description Item01UnitAcre, Agricultural, BackYard, CornerLot, CornersMarked, FrontYard, Garden, HorseProperty, Ranch, StreetLevel

Story One

Sewer SepticTank

Water Well

New Construction No

Schools

School District Atascadero Unified

Others

Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange

Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jay Bond • Bond Real Estate Group
Bought with Jay Bond • Bond Real Estate Group
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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