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3970 Orcutt
For Sale $3,000,000
$3,000,000
- Units
- Unknown Sq Ft
- 4,617,360 Sq Ft
- Unknown Cap Rate
Description
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,000,000 |
| Property Type | Special Purpose |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 044411021 |
| MLS # | SC26059988 |
| Property ID | 322685467 |
| Lot Sqft | 4,617,360 |
| Zoning | Unknown |
| Days on Market | 47 |
| Original List Price | $6,000,000 |
| Date Updated | March 26, 2026 |
| Date Created | March 19, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Patrick Smith an agent of . Lic #00839752
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 26, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT