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3970 Orcutt Road, SAN LUIS OBISPO, CA 93401

$3,000,000
Property Type: Commercial Sale Square Footage: 10,000 Lot Size (sq. ft.): 4,626,943 Status: Active
Current Price: $3,000,000 List Date: 3/26/2026 Last Modified: 3/26/2026

Description

Edna Ranch presents a rare 50% joint venture opportunity combining classic ranch living with long-term development potential just minutes from downtown San Luis Obispo. Set in Edna Valley with views of Cuesta Range and Nine Sisters, the property includes 4 residences offering immediate income potential. Natural features: three reservoirs, two creeks, mature trees. Water is supported by 3 wells (approx. 20, 14, and 5 GPM). 2 all-weather access roads from Orcutt Road provide reliable entry. Adjacent to city limits & within the Sphere of Influence, the property is slated for future annexation (est 2028 per LAFCO), w/ prior plans for subdivision & higher-density development. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.

Supplements: *Please contact Henry Burrows for showings: 805-451-4314* Edna Ranch offers a rare opportunity to partner in a legacy asset that blends classic ranch living with significant long-term development potential--just minutes from downtown San Luis Obispo. This offering is for a 50% joint venture interest, ideal for an investor seeking both current income and future upside. Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential. The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property. Strategically positioned adjacent to city limits and within the City's Sphere of Influence, the property is identified for future annexation--currently anticipated around 2028 per LAFCO guidance--creating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 8-9 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.

More Information MLS# 26-982

Location Info

Country: US Cross Street: Orcutt Rd District: 97 - OUT OF AREA Street #: 3970 Street Name: Orcutt Street Suffix: Road State: CA Postal Code: 93401 County: San Luis Obispo Parcel Number: 044-411-021

Property Information

For Sale/Lease: For Sale #Offices: 1 #Retail: 0 Apx # Acres: 106.22 TYP: Business Opportunity Total SqFt.: 10000

Owner Info

Deposit: 200000

Remarks

COVID Showing Remarks: Please contact Henry Burrows for showings: 805-451-4314 Hot Sheet Comment: new Directions: Please contact Henry Burrows for showings: 805-451-4314

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Contract Info

Current Price: $3,000,000 Price: 3000000 Begin Date: 2026-03-26 Status: Active

Property Features

Zoning: Other Terms: Cash; Conventional Listing Type: ER
Listing Office: Avila Beach Realty
IDX
Last Updated: March - 26 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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