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San Luis Obispo, CA

$3,000,000

3970 Orcutt, San Luis Obispo, CA
7
Days listed

About this home

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.

Facts & features

Interior
Laundry
None
Exterior & lot
Lot size
106 acres (4,617,360 sq ft)
Community
Area
SLO - San Luis Obispo
County
San Luis Obispo
Listing details
Status
Active
Property type
Special Purpose
Days on market
7
Listed
2026-03-19
Original price
$6,000,000
Parcel #
044411021
MLS #
SC26059988
Listed by
Patrick Smith · Avila Beach Realty Inc.

Location

Price history

Listed
$6,000,000 · 2026-03-19
Price reduced
$3,000,000 (−$3,000,000)
Days on market
7
Current price
$3,000,000
Financing

Could this home be yours?

Estimated monthly payment
$18,820
$15,170 principal & interest · $3,650 taxes & insurance
$600,000
Estimate only
Loan $2,400,000

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Listing data provided by CRMLS

Listing courtesy of Avila Beach Realty Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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