222 N Frontage, Nipomo, CA 93444

Nipomo
Local realty services provided by:ERA North Orange County Real Estate
222 N Frontage,Nipomo, CA 93444
$7,500,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: steven golis
Office: radius group commercial re
MLS#:V1-37571
Source:San Diego MLS via 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

  • Listing ID #:V1-37571
  • Added:45 day(s) ago
  • Updated:August 28, 2026 at 03:44 PM

Finances and disclosures

  • Price:$7,500,000
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