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    7710 Cougar Ridge Way

    Unincorporated, CA 93454
    • $8,000,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: PI20211063
    UPDATED: 25 min ago
    $8,000,000
    • 0
      BEDS
    • 120
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $1,455
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    This is an amazing opportunity to purchase a 120+ acre cannabis farm located in beautiful San Luis Obispo County. The Cougar Ridge Farm consists of three forty-acre parcels located in the premier Central Coast microclimate. Parcels 048-151-043 and 048-151-044 have residential structures. The 2-bedroom home on parcel 048-151-043 has had a major remodel and is approximately 2,500 square feet, with a detached 1,200 square foot garage. The 2-bedroom house on parcel 048-151-044 is approximately 1,800 square foot with a 235 square foot barn. Parcel 048-151-037 does not have any permanent structures.SLO County places limits on the size of cultivation operations allowed based on zoning location. For the area encompassing Cougar Ridge, regulations prohibit cultivation on parcels/farms of less than 50 acres. For parcels/farms 50 acres or larger, San Luis Obispo allows one-acre of outdoor cultivation, and an additional one-half acre of indoor cultivation. The three Cougar Ridge parcels comprising 120 acres meet this threshold, and the farm qualifies for a cultivation size of one-acre of outdoor cultivation, and an additional one-half acre of indoor cultivation (approximately 65,000 square feet of canopy).Potentially, a lot line adjustment would allow the property to be licensed at double the above cultivation threshold, for a total of two-acres of outdoor cultivation and one acre of indoor cultivation, or approximately 135,000 square feet of total cultivation canopy.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T17:26:45.483. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

    www.bobkellyteam.com/homes/110787284
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    7710 Cougar Ridge Way Unincorporated, CA 93454

    • Price: $8,000,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: PI20211063
    0
    Beds
    0
    Baths
    0
    ½ Baths
    120
    Acres
    5,500
    SQFT
    $1,455
    $/SQFT
    2005
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Luis Obispo
    Area:
    699 - Not Defined
    Property Description
    This is an amazing opportunity to purchase a 120+ acre cannabis farm located in beautiful San Luis Obispo County. The Cougar Ridge Farm consists of three forty-acre parcels located in the premier Central Coast microclimate. Parcels 048-151-043 and 048-151-044 have residential structures. The 2-bedroom home on parcel 048-151-043 has had a major remodel and is approximately 2,500 square feet, with a detached 1,200 square foot garage. The 2-bedroom house on parcel 048-151-044 is approximately 1,800 square foot with a 235 square foot barn. Parcel 048-151-037 does not have any permanent structures.SLO County places limits on the size of cultivation operations allowed based on zoning location. For the area encompassing Cougar Ridge, regulations prohibit cultivation on parcels/farms of less than 50 acres. For parcels/farms 50 acres or larger, San Luis Obispo allows one-acre of outdoor cultivation, and an additional one-half acre of indoor cultivation. The three Cougar Ridge parcels comprising 120 acres meet this threshold, and the farm qualifies for a cultivation size of one-acre of outdoor cultivation, and an additional one-half acre of indoor cultivation (approximately 65,000 square feet of canopy).Potentially, a lot line adjustment would allow the property to be licensed at double the above cultivation threshold, for a total of two-acres of outdoor cultivation and one acre of indoor cultivation, or approximately 135,000 square feet of total cultivation canopy.
    Exterior Features

    Lot Features Agricultural Lot Size Source Assessor Lot Size Units Acres

    Interior Features

    Condo Area Units Square Feet Laundry Features Inside

    Property Features

    Additional Parcels Description 048151043048151037 Additional Parcels YN Yes Asset Class Farm/Ranch Building Area Units Square Feet Building Status Existing Country Us Land Use Other Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Farm Special Listing Conditions Standard Water Source Well Zoning Ag

    Listing provided courtesy of Jason Hart of Hart Commercial Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T17:26:45.483. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

     
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    The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
    8898 La Mesa Blvd.
    La Mesa CA, 92042