11111 Bitterwater Road

Santa Margarita, CA 93453

$650,000
Last Sold Price
3
Beds
2
Baths
1,760 Sq. Ft.
$369 / Sq. Ft.
1,760
Sq. Ft.
$369
per Sq. Ft.

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...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.
  1. Listed by Jay Bond • DRE #01823529 • Brokerage DRE #02106143 • Bond Real Estate Group

Property Details for 11111 Bitterwater Road

View
Hills, Meadow, Mountain(s), Panoramic, Pasture, Valley
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1760

Location

Listing Courtesy of Bond Real Estate Group, Jay Bond, DRE #01823529

Sold By Bond Real Estate Group, Jay Bond, DRE #01823529

Add your commute
LISTING UPDATED: 10/25/2021 09:40 AM

Property Details for 11111 Bitterwater Road

StatusClosed
MLS #PI21196824
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2004
Lot Size42.20 AC / 1,838,232 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Bond Real Estate Group, Jay Bond, DRE #01823529

Sold By Bond Real Estate Group, Jay Bond, DRE #01823529

Add your commute

Building Information for 11111 Bitterwater Road

Stories1Year Built2004Building Size-Lot Size42.20 AC / 1,838,232 SF

Payment Calculator

$4,173 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$626

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11111 Bitterwater Road

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $523,513
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: BLM/National Forest, Foothills, Horse Trails, Mountainous, Preserve/Public Land
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Laundry: Yes
  • Laundry Features: Inside, Propane Dryer Hookup
  • Laundry Location: Inside
  • Laundry Utilities: Propane
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
Exterior Features
  • Structure Type: House
  • Miscellaneous: Horse Allowed, Horse Facilities, Foothills, Mountainous, Preserve/Public Land
  • View Description: Hills, Panoramic, Pasture, Valley
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Agricultural, Back Yard, Corner Lot, Corners Marked, Front Yard, Garden, Horse Property, Level with Street, Ranch
  • Lot Location: BLM/National Forest, Preserve/Public Land, Corner Lot
  • Additional Property Use: Ranch/Farm
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Well
  • Sewer: Conventional Septic
  • Sewer/Septic: Conventional Septic
  • Water Source: Well
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Carrizo Plains/California Valley
  • Builders Tract Code: Carrizo Plains/California Valley(62)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 11111 Bitterwater Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11111 Bitterwater Road

Taxable ValueLand$459,000Additions$204,000Total$663,000
Tax Record2023$7,511 ($626 / month)
Home Facts
Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtStories1Lot Size1,838,232 SqFtStyleMobile Home ParksYear Built2004ZoningAGCountySAN LUIS OBISPOAPN072-311-005

Schools near 11111 Bitterwater Road

This home is within Atascadero Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 4 to 8
Public - K to 12
Public - K to 5
Rating
School
Distance
Santa Margarita Elementary School
PublicK to 5

Fine Arts Academy
Public4 to 8

Carrisa Plains Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Bond Real Estate Group, Jay Bond, DRE #01823529

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.