Rare opportunity to own one of the few remaining undeveloped residential parcels in downtown Templeton. Encompassing approximately 0.54 acres, this exceptional homesite includes two purchased Templeton Community Services District (TCSD) water units and offers potential for a future lot split, subject to County approval. Ideally situated just blocks from Templeton Middle School, Templeton High School, downtown restaurants, parks, shopping, and convenient Highway 101 access, this property offers an exceptional blend of location, utility infrastructure, and future potential. Mature oak trees provide natural beauty and privacy while leaving ample space to design and build your custom home in one of Templeton's most desirable neighborhoods. According to Templeton Community Services District, one 1-inch water meter is currently active, and the second purchased water unit transfers with the property. TCSD has indicated the second water unit may potentially be assigned to a newly created parcel if an approved lot split is completed. The parcel is also identified by San Luis Obispo County as SB9 Eligible, offering additional future development possibilities, subject to County approval and all applicable regulations. A geotechnical engineering report has been completed and is available in the MLS supplements, along with the parcel map, preliminary title report, TCSD water information, and Urban Lot Split Eligibility documentation. Whether you're planning to build your dream home, create a multigenerational living opportunity, or explore future development potential, properties like this are becoming increasingly rare in downtown Templeton.
Sewer Available, Water Connected
Hills, Neighborhood, Trees/Woods, Pasture
John Walker, W Property Group.
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2026 at 9:27pm 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.