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$ 975,000
Est. payment /mo
Active
109 S 3rd Lompoc, CA 93436
1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI26015240
Lot Size 1.000 Acres
Property Sub-Type Lots/Land
Property Description
RE/MAX Commercial is pleased to offer the sale of a prime multifamily development parcel located at 109 South Third Street in Lompoc This one-acre site (Fidelity Passport Report), presents a compelling residential development opportunity in a well-established area of Southeast Lompoc. The property is zoned R-3 PD and is flat, level, and highly buildable with utilities readily available at the street--an ideal foundation for a thoughtful multifamily project. In 2021 the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes. The approved plan envisioned: 24 two-story residential townhome units with three bedrooms and two and one-half baths per unit and individual two-car garages. A cohesive Mission-inspired architectural design. Per 1/29/26 meeting with the City of Lompoc Planning department, planning entitlements are valid through June 17th, 2026. Map is valid until June 17th, 2027 with an additional 2-year extension available. Given the passage of time and evolving housing needs, buyer prospects are encouraged to engage directly with the City as well as the State new guidelines to explore additional density opportunities. The location enhances the appeal: Prime Southeast Lompoc setting with close proximity to West Ocean Avenue and Hwy 1. Convenient access to the medical district, nearby Hapgood Elementary School, and established residential surroundings with neighborhood continuity. About Lompoc and the region: Lompoc continues to gain attention as a coastal California community offering a rare balance of affordability, growth poten
Location
State CA
County Santa Barbara
Direction Follow US-101 S, State Rte 135 S and CA-1 S to Purisima Rd in Lompoc, Follow Purisima Rd and CA-246 W to your destination
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Others
Senior Community No
Tax ID 085150047
Acceptable Financing Cash
Listing Terms Cash
Listed by Michael Puhek, DRE#01441759 RE/MAX Success
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