A rare development opportunity on 40 acres in Arroyo Grande! This mostly level blank canvas on the Mesa is adjacent to Monarch Dunes Trilogy Resort Golf Course and housing development, just waiting for a savvy investor to turn it into an upscale residential subdivision. Some higher areas on the land have ocean views and there is a previously approved Tentative Tract Map for 8 lots of 5 acres each. The approximate 40 acres is made up of two adjacent parcels (APN 091-204-034 and 091-204-035) to be sold together. Come take a tour today! $3.25M