Major Price Reduction! This prime development opportunity is located on the west side of Orcutt, adjacent to existing residential developments. There are two homes on the property which no value has been attributed to. The property is zoned 20-R-1 which will allow for development of residential lots with minimum lot sizes of 20,000 square feet. Previously proposed subdivision maps showed a net of 12 lots. Older homes in the immediate area range in value from the low $700k to high $900k range.