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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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Albert Way, Arroyo Grande – $2,850,000

  • $2.9M Price
  • 29¼ Acres
  • 11 DOM
  • $2.9M Price
  • 29¼ Acres
  • 11 DOM

Albert Way

Investor’s Dream Opportunity! This expansive property consists of two legal parcels totaling 40 acres, offering exceptional development potential. A previously approved but now expired tentative map proposed subdividing the land into eight 5-acre parcels, paving the way for future possibilities. Situated in an exclusive and highly desirable area near the prestigious Black Lake Golf Course, this location combines natural beauty with proximity to premier recreational amenities. Whether you're looking to revive the subdivision plan, develop the parcels and sell them individually, build custom estates, or hold as a long-term investment, this property offers flexibility and significant upside potential. Don’t miss this rare opportunity to capitalize on a unique development prospect in one of the region’s most sought-after enclaves. Give me a call for more information!

Essential Information

  • MLS® #NS25163846
  • Price$2,850,000
  • Bathrooms0.00
  • Acres29.25
  • TypeLand
  • StatusActive

Community Information

  • AddressAlbert Way
  • AreaAG Mesa
  • CityArroyo Grande
  • CountySan Luis Obispo
  • Zip Code93420

Amenities

  • ViewTrees/Woods

Utilities

Cable Available, Electricity Available, Propane, None, Phone Not Available, Sewer Not Available, Water Not Available

Exterior

Lot Description

Corner Lot, Lot Over 40000 Sqft, Rectangular Lot, Street Level, ThirtySixToFortyUnitsAcre

Additional Information

  • Date ListedJuly 16th, 2025
  • Days on Market11
  • ZoningRR

Listing Details

  • AgentElden Goldsmith
  • OfficeRE/MAX Success
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Elden Goldsmith, RE/MAX Success.

Based on information from California Regional Multiple Listing Service, Inc. as of August 4th, 2025 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.