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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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11600 El Camino Real Atascadero, CA 93422
$5,500,000 0 beds, 0 baths
0 sqft
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FOR SALE: Fully-approved, mixed-use development. Multi-family, Retail, Vacation rentals. 5.19 Acres. Seven Parcels. Fully-Entitled. Shovel-ready project. Dove Creek is a fully-approved, shovel-ready mixed-use development opportunity on California's Central Coast — a 5.19-acre site located one block from Highway 101 on Atascadero's main commercial corridor, El Camino Real. Positioned between the Paso Robles and San Luis Obispo wine regions and the Pacific Ocean, the region offers a strong tourism and housing market with high demand for retail and hospitality. Local demand continues to grow for dining, entertainment, and visitor accommodations, and the highest per-capita incomes in the county, Atascadero remains underserved for retail. 5.19 ACRES 71 RESIDENTIAL CONDOS 20 VRBO / HOTEL ROOMS 14,840 SF RETAIL 7 PARCELS (VTTM) The site is midway between San Francisco and Los Angeles, and just a 15-minute drive to the City of San Luis Obispo. The area draws consistent visitor traffic from more than 250 area wineries, year-round outdoor recreation, and a thriving tourism economy. Dove Creek offers the opportunity to deliver a transformative, walkable mixed-use destination. Residential Condominiums: 71 units (one- and two-bedroom), designed for both long-term rental and condominium sales. Vacation Rental / Hotel: 20-room VRBO / hotel offering with kitchens — purpose-built for region's thriving hospitality market, capturing wine country and coastal tourism demand. Commercial Retail 14,840 square feet across four buildings. Community seeks dining, entertainment, and specialty retail. Entitlement — Vesting Tentative Tract Map: 7 parcels, airspace subdivision, residential & commercial — Fully city-approved — Development flexibility across multiple parcels offers phasing The approved master plan organizes seven residential and commercial buildings around a central pedestrian spine, farmer's-market plaza, and structured parking — creating a walkable, village-scale destination anchored by El Camino Real frontage.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# NS26208978
List price is $5,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
5.19 acres
Lot size: 5.1900
Subdivision: Dove Creek
County: San Luis Obispo
Zoning: CR
Lot description: Lot Over 40000 Sqft
MLS area: ATSC - Atascadero

Last Updated: 9/24/2026

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This listing belongs to the ATSC - Atascadero MLS area

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Lat/Long: 35.449167, -120.635002.
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Listing Agent: Michael Manchak
Co Listing Agent: Charlie Richardson
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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