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$3,000,000 -$3,000,000 (-50%) Price Reduced
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Property 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.
Full Property Details
Full Property Details for 3970 Orcutt
General
- Price: $3,000,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SC26059988
- Updated: 3/26/2026
- Days on Market: 8 days
- Added to Site: 8 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: 3970 Orcutt Road
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 10000
- Square Feet: 10,000
Lot Features
- Lot Size (Acres): 106
- Useable Acres: 106
- Lot Size (Sq. Ft.): 4,617,360
- Lot Features: Agricultural, Horse Property
- Lot Description: Agricultural, Horse Property
Financial Considerations
- Price Per Sq. Ft.: $300
Disclosures and Reports
- Property ID: 44411021
Listed by Avila Beach Realty Inc., PatrickSmith
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Schools
Schools serving 3970 Orcutt
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Sinsheimer Elementary School 2755 Augusta Street, San Luis Obispo, CA 93401 | K-6 | 1.5 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 4.1 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3970 Orcutt
Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$3,000,000
-50%
MLS
3/19/2026
Listed
$6,000,000
200%
MLS
12/28/2020
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3970 Orcutt
Year
Property Taxes
Change
Tax Assessment
Change
2025
$44,143
4%
$4,004,997
2%
2023
$42,609
—
$3,926,469
2%
2023
$42,609
7%
$3,849,480
2%
2022
$39,938
2%
$3,774,000
2%
2021
$39,303
23%
$3,700,000
23%
2020
$31,902
1%
$3,003,217
2%
2019
$31,571
2%
$2,944,332
2%
2018
$30,952
3%
$2,886,600
37%
2017
$30,023
35%
$2,111,466
2%
2016
$22,196
2%
$2,070,065
2%
2015
$21,858
713%
$2,038,972
2%
2013
$2,690
—
$1,999,033
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3970 Orcutt
3970 Orcutt, San Luis Obispo, CA 93401 (MLS# SC26059988) is a Commercial property. 3970 Orcutt is currently listed for $3,000,000 and was received on March 19, 2026. Want to learn more about 3970 Orcutt? Do you have questions about finding other Commercial real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.

