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Berkshire Hathaway HomeServices California Properties

3970 Orcutt, San Luis Obispo, CA 93401

$3,000,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Patrick Smith | n700ps@aol.com
Lic#: 00839752
Broker: Courtesy of Avila Beach Realty Inc.
Phone: 805-965-2100

Listing Details

Property type: Special Purpose (Commercial)

Property Sub-Type:

Status: Active

Listing ID: SC26059988

List price is $3,000,000 Reduced by $3,000,000 on 3/26/2026

Price: $3,000,000

Rental Rate: $3,000,000

Lot Size:

106.00 acres

County: San Luis Obispo

Lot description: Agricultural,Horse Property

Last Updated: 6/10/2026

Days On Market (DOM): 137

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Lat/Long: 35.254193, -120.622010.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Edna Ranch offers a rare opportunity to partner in a legacy asset that blends classic ranch living with significant long-term development potential—just minutes from downtown San Luis Obispo. This offering is for a 50% joint venture interest, ideal for an investor seeking both current income and future upside. Set across expansive acreage in the heart of Edna Valley, the property features sweeping panoramic views of the Cuesta Mountain Range and the iconic Nine Sisters. The ranch is improved with four existing residences, providing immediate utility and income potential. The land is rich with natural features, including three reservoirs, two creeks, mature trees, and rolling terrain that enhances both privacy and scenic appeal. Water resources are supported by three productive wells with approximate yields of 20, 14, and 5 gallons per minute. Two all-weather access roads from Orcutt Road provide convenient and reliable access throughout the property. Strategically positioned adjacent to city limits and within the City’s Sphere of Influence, the property is identified for future annexation—currently anticipated around 2028 per LAFCO guidance—creating a compelling long-term investment opportunity. A prior ownership vision contemplated subdivision into 8–9 legal parcels, with remaining acreage suited for higher-density residential development, including both multifamily and single-family housing. This offering represents a 50% joint venture interest with existing ownership, with an investment target of $3,000,000.

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