500 Spanish Springs Drive San Luis Obispo, CA $ 8,500,000
500 Spanish Springs Drive
$ 8,500,000
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500 Spanish Springs Drive

San Luis Obispo, CA, 93401
$ 8,500,000
Baths0.0 Sq 1,672

Monthly Estimate*

$ 56,494

Listed by Richardson Sotheby's International Realty
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View a Virtual Tour
Studio

Commercial Property for sale in San Luis Obispo, CA

for $8,500,000. This 1,672 square foot building was built in 1982 on a lot size of 218.

Discover the epitome of opportunity at 500 Spanish Springs Drive, a captivating coastal vineyard property located less than three miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Nestled within the esteemed SLO Coast AVA, Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Immerse yourself in the art of winemaking while relishing the temperate Central Coast climate that defines the region's viticultural excellence. Just minutes from the shores of Pismo Beach and a short drive to downtown San Luis Obispo, this location seamlessly blends serenity with accessibility. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. The potential* of 500 Spanish Springs Drive is as limitless as your imagination. Expand the vineyards, craft a tasting room, or build the estate you've always envisioned. The canvas extends beyond viticulture – explore opportunities for retail, hospitality, or a winery. Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential. Seize the opportunity to claim this extraordinary property and write the next chapter of its story. *Note: All development opportunities are subject to required entitlements and approvals by the County of San Luis Obispo. Seller and brokers make no guarantee of what can be constructed on the property.*

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Commercial Active

Price

$ 8,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Agriculture

Lot Size

218

Year Built

1982

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI24028026

Days on Market

114

Features
General
Utilities ElectricityConnected NaturalGasNotAvailable Propane SewerNotAvailable WaterConnected
Zoning AG
Year Built 1982
Property SubType Agriculture
Additional Parcels Description 079281027
County San Luis Obispo
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures LivingQuarters
Special Listing Conditions Standard
Status Active
Directions Price Canyon Rd to Spanish Springs Drive.
City San Luis Obispo
View Y/N N
Senior Community Y/N N
MLS Area SLO - San Luis Obispo
Lot Size Units SquareFeet
Lot Size Square Feet 9496080.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Spanish Springs
Listing Terms CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.spanishspringsvineyard.com/mls/126839801 https://www.spanishspringsvineyard.com/
Days on Market 47
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Agriculture
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Exterior
Fencing BarbedWire
Lot Features Agricultural DripIrrigationBubblers Greenbelt GentleSloping
Water Source AgriculturalWell SeeRemarks SharedWell Well
Lot Size Area 9496080.0
Number of Buildings 4
Spa N
Building Area Total 1672.0
Lot Size Acres 218.0
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Drive
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Richardson Sotheby's International Realty

Broker

(805) 781-6040

Phone

Affordability Calculator

$56,494
Per Month
100%
0%
0%
Monthly Principal & Interest
$56,494
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2024$8,500,000 Listed Price

Map


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500 Spanish Springs Drive, San Luis Obispo, CA, 93401 is a Commercial Property for sale at $8,500,000 with 1,672 sqft and a lot size of 218. 500 Spanish Springs Drive is a studio with 0.0 baths and was built in 1982. The property's zip code is 93401 which is in San Luis Obispo, CA