Home | San Luis Obispo County | Nipomo | 93444 | 222 N Frontage Rd
MLS: CRV1-37571 | Status: Active | Price: $7,500,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8.86 | – |
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, and timeline typically associated with multifamily development in California. Nipomo occupies a strategic position between Santa Maria and San Luis Obispo and benefits from access to the Central Coast's primary employment centers, educational institutions, healthcare providers, and regional economic
| Field | Value |
|---|---|
| MLS # | CRV1-37571 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | SPKN, D6 |
| Feature | Details |
|---|---|
| Fencing | None |
Steven Golis
Radius Group Commercial RE
License #: 00772218
Phone: (805) 965-5500
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Dana Elementary School | public | K-6 | 0.91 mi | 4 |
| Nipomo Elementary School | public | K-6 | 0.93 mi | 5 |
| Nipomo High School | public | 9-12 | 1.10 mi | 8 |
| Central Coast New Tech High School | public | 9-12 | 1.13 mi | 9 |
| Lange (Dorothea) Elementary School | public | K-6 | 2.17 mi | 7 |
| Kunst (Tommie) Junior High School | public | 7-8 | 3.90 mi | 3 |
| Ontiveros (Juan Pacifico) Elementary School | public | K-6 | 4.43 mi | 5 |
| Oakley (Calvin C.) Elementary School | public | K-6 | 4.95 mi | 3 |
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This listing information is up-to-date as of July 14, 2026. For the most current information, please contact Steven Golis, (805) 965-5500.