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Residential Land for Sale in Paso Robles, California

420 Creston Rd, Paso Robles, CA 93446

$1,699,000
4.3 acres
Active sale
$200k drop
Est $12,939/mo

RARE DEVELOPMENT OPPORTUNITY IN THE HEART OF PASO ROBLES! Located within the city limits and situated on 4.3+/- acres in the desirable Creston Corridor, this property offers a unique opportunity with currently entitled plans for a 24-unit residential development. The property received City of Paso Robles approval/entitlement on 3/17/2026 for a 12-duplex development consisting of 24 total residential units, with each unit 1,700+/- sq. ft., featuring 4 bedrooms, 2 bathrooms and a 2-car garage. The current entitlement represents a significant evolution from the property's original development concept. Earlier plans contemplated a 20-unit project consisting of four triplexes and four duplexes; however, those plans have been superseded by the currently entitled 24-unit project. Buyer to verify all plans, entitlements, conditions, permits and development requirements with the City of Paso Robles. More than two years have been invested in planning, design, revisions, engineering, architectural work and public hearings. The property is ideally located near grocery stores, schools, dining and just a short walk to historic downtown Paso Robles.Seller's agent and Seller's broker have not verified the accuracy of any information provided herein or provided by the seller(s) or any other source(s). We make no claim(s) or warranty(s) with regards to any information provided, past, present, or future property conditions, investments, or uses.

Location

Street address
420 Creston Rd
Zip code
93446
Community
PR City Limits East(110)
Elevation
768 feet
Coordinates
35.6285, -120.6796

Directions

13th Street turns into Creston Road, property is located on right side just past Capital Hill.

Property details

Acreage
4.3 acres
Zoning
R2
MLS #
MRMLS NS21234433
Posted

Parcels

  • 009541001

Details and features

Listing

Type
Land

Lot

View
City, Hills
Features
2-5 Units/Acre

Listing history

DateEventPriceChangeSource
Sept 5, 2026Back on market$1,699,000—MRMLS
Nov 7, 2023Under contract$1,699,000—MRMLS
Sept 26, 2023Price drop$1,699,000$200,000 -10.5%MRMLS
July 28, 2023Back on market$1,899,000—MRMLS
Apr 14, 2023Under contract$1,899,000—MRMLS
Mar 31, 2023Back on market$1,899,000—MRMLS
Dec 1, 2022Under contract$1,899,000—MRMLS
June 25, 2022Price drop$1,899,000$100,000 -5%MRMLS
Jan 3, 2022Price drop$1,999,000$401,000 -16.7%MRMLS
Oct 27, 2021New listing$2,400,000—MRMLS
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This 4.3-acre property is located at 420 Creston Rd in Paso Robles, CA 93446. The land is available for sale, priced at $1,699,000 — $395,116 per acre.

Listed by Merrill & Associates Real Estate, (805) 226-5500

Checked 2 hours agoUpdated

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