$500,000

Run this building through your preferred short term rental estimation tool. Try as a four bedroom or four separate studios. The earnings appear to be substantial, with plenty of space on the property to add additional units. Formerly a summer art school, Art Ranch of Pescadero, this beautiful property located in Pescadero, CA offers a unique opportunity to own a piece of land in a serene and picturesque setting. The school was founded in 1956 by Marques Rietze, after retiring as head of San Jose state’s art department. Later, the building served as apartments, and was later abandoned. After 40 years of complete neglect, the building was in a sad state. The current owner began to reverse the trend in 2017. The property is being sold as bare land however. You have the freedom to create a custom living space to suit your needs and desires.45 min to all airports in Bay Area. There is plenty of space for outdoor living, gardening, and recreation, horses, barns, and the like. The property is located in a tranquil area of Pescadero, known for its natural beauty and peaceful atmosphere. Surrounded by rolling hills, this location provides a sense of seclusion and tranquility, making it the perfect escape from the hustle and bustle of city life. Although the property currently has a building, it is not fit for habitation, having no working utilities. The former utilities are derelict -well, septic and electric. The potential for development is vast. Whether you are looking to create a weekend getaway, a full-time residence, or a vacation rental, this property offers a blank slate for you to bring your vision to life.