$1,575,000

NEW PRICE, PERMIT READY PROJECT! WATER UNITS ARE PAID FOR AND AVAILABLE. Welcome to the charming town of Templeton, California. Toad Creek Terrace offers an exceptional opportunity to develop a premier townhome community in one of the most sought-after locations on the Central Coast. This prime development site is centrally located near parks, restaurants, wineries, and other local amenities, providing future residents with the perfect balance of small-town charm and modern convenience. Nestled between the neighboring cities of Paso Robles and Atascadero, Templeton offers a tranquil, rural atmosphere while being just a short drive from the bustling activity of these nearby communities. The property is approximately 30 minutes from the coastal town of Morro Bay, and 25 minutes to downtown San Luis Obispo, making it an ideal spot for those seeking easy access to natural beauty, hiking, fishing, surfing, and urban amenities. Templeton has seen an impressive increase in home values in recent years, making it a thriving market for new residential developments. With water rights, approved subdivision improvement plans, and permit-ready home designs for 20 townhomes, Toad Creek Terrace presents an opportunity to build and sell in a high-demand area.