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  • 3970 Orcutt Road

3970 Orcutt Road, San Luis Obispo, CA 93401

$3,000,000 Approx. USD 0 beds, 0 baths
10,000 sqft
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Listing Agent


Patrick Smith
Lic#: 00839752
Broker: Courtesy of Avila Beach Realty

Agent Remarks

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. *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.

Listing Details

Property type: Business Opportunity (Commercial)
Status: Active
MLS# 26-982
Price: $3,000,000
10,000 sqft
106.22 acres
Lot size: 106.2200
County: San Luis Obispo
Zoning: Other
MLS area: 97 - OUT OF AREA

Last Updated: 7/17/2026

 Days On Market (DOM): 113

 Find more SAN LUIS OBISPO homes and real estate

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This listing belongs to the 97 - OUT OF AREA MLS area

Lat/Long: 35.253135, -120.625448.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com

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