222 N Frontage Road, Nipomo, CA 93444

Nipomo
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
222 N Frontage Road,Nipomo, CA 93444
$7,500,000
  • 8.86 Acres
  • Lots / Land
  • Active
Listed by: steven golis
Office: radius group commercial re805-455-6891
MLS#:V1-37571
Source:CRMLS

Price summary

  • Price:$7,500,000

About this home

Development Opportunity! Fully entitled, construction-ready, 240 unit institutional-scale apartment community. Mesa Trails Apartment Community presents a rare opportunity to acquire a fully entitled, 240-unit market-rate multifamily development in Nipomo, California, one of the Central Coast's most attractive and supply constrained housing markets. Situated on approximately 8.86 acres with direct access to U.S. Highway 101, the project combines entitlement certainty, strategic regional connectivity, and exposure to a market where demand for quality housing continues to exceed available inventory. The project received full approval from the San Luis Obispo County Planning Commission in February 2024, including Conditional Use Permit approval and CEQA clearance through an adopted Mitigated Negative Declaration. With all major discretionary approvals secured, a new owner can advance directly toward construction permitting, eliminating a significant portion of the entitlement risk, cost,...

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Home facts

  • Subdivision & Development:Not Applicable
  • Listing ID #:V1-37571
  • Added:23 day(s) ago
  • Updated:August 06, 2026 at 10:36 AM

Structure and exterior

  • Lot area:8.86 Acres

Finances and disclosures

  • Price:$7,500,000
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