Opening page…
Opening page…
Opening home details…
Opportunity on nearly five acres in North Paso Robles, this vintage 1930s ranchette offers a legal existing single-family residence and multiple accessory structures ready for a visionary remodel or redevelopment. Property overview Set on approximately 4.48–4.9 acres along Monterey Road, the property includes an older single-family home of about 1,188 square feet plus outbuildings dating back to the 1930s–1950s. The parcel is zoned RS (Residential Suburban), providing a rural setting with convenient access to Highway 101 and Paso Robles amenities. Existing structures and status County Assessor records show three structures constructed in the 1930s and another moved on in the 1950s, and the Assessor treats the existing improvements as effectively “permitted” because building permits were not required until about 1958. County Building staff consider these 1930s structures legal existing under the residential code, while Planning treats them as “existing nonconforming” improvements reviewed under County Code Section 22.72.060 for any future alterations or expansion. Financing and condition Because of age and condition, this is a project property suited for an investor, contractor, or owner-builder and will require substantial repair and modernization. The home and related structures are not eligible for conventional financing; purchase will need to be with cash, hard money, or other private funds only. Remodel and value-add potential A buyer who wishes to keep and renovate the existing home would pursue a standard remodel/addition permit, with new work complying with current Title 19 requirements and any expansion reviewed under Section 22.72.060. Recent improved ranchette and multi-home sales along Monterey Road in the mid- to high-800s and 900s highlight the upside for a well-planned remodel or redevelopment on this nearly five-acre site. Infrastructure and utilities The parcel includes a newer well installation, with a 200-amp electrical service permit (RMEP2023-00052) previously issued for the well. Buyers should verify the status of utilities, water system, and any required upgrades or inspections with San Luis Obispo County Planning and Building.
Listing agent: Abel Contreras DRE #02062620 abel@investslo.com, Listing office: Invest SLO
MLS data updated 10/19/2026, 9:33:07 AM PT
Source: CRMLS, MLS #: PI26146115
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 3, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$396,194Closed sale · Sep 3, 2026ZIP 93446 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.