5 California Estates and Prime Mixed-Use Investments from Wine Country to Mount Shasta

In the heart of downtown San Miguel, this legacy-scale opportunity centers on 20 legal, buildable commercial/mixed-use lots set within Central Coast Wine Country. Just blocks from the historic Mission San Miguel, the offering is envisioned around a new Downtown Plaza concept—an urban framework designed to bring activity and cohesion to the district. A pre-approved Conditional Use Permit supports commercial and retail uses, with mixed-use residential opportunities above, creating flexibility for a layered streetscape of work, shopping, and living. The seller notes that additional residential density and lot reconfiguration may be possible, subject to County approval, allowing the plan to evolve over time. Available as a bulk purchase with smaller package options, it’s positioned for those seeking long-term potential in a growing downtown setting.

Size: –

Price: $36,500/LOT X 20 | $730,000

From its elevated setting against the awe-inspiring backdrop of Mount Shasta, this estate was designed to showcase one of the area’s most commanding views. Dramatic 20-foot windows pull the mountain into nearly every living space, shaping daily life around light, scale, and scenery. Set on 4.5 fully fenced acres in the prestigious Upton Highlands community, the property offers exceptional privacy and tranquility while remaining just five minutes from downtown Mount Shasta. The home includes 6 bedrooms, with two currently dedicated as a focused office and a fully equipped home gym—an easy blend of work, wellness, and retreat. A private one-bedroom guest suite with separate garage access creates a comfortable, self-contained stay for visitors or extended family. With expansive garage capacity for up to 8 vehicles, there’s room to collect, tinker, and spread out as the mountain anchors every moment.

Set on a broad stretch of land in Hollister, 3510 San Juan Hollister Road offers a rare development opportunity with multiple paths forward. Comprised of two adjacent lots with separate APNs, the property is bounded by State Route 156 to the west and north and Old San Juan Hollister Rd to the east and south—an unusually defined footprint with strong access. The acreage is level and has been laid fallow for 15 years, with zoning currently AG productive and a commercial thoroughfare node in place. Utilities and infrastructure are already notable: City water is available for building, alongside a newer AG well with a 245,000-gallon storage tank, plus 3-phase electrical power and natural gas. Not in the Williamson Act, it may be subdivided into 5-acre lots, supporting a future shaped around organic farming and a produce store.

Size: 60.00 acres

Set on 13.2 private acres across three parcels, Greenstone Court presents a gated Nevada City estate in Nevada County’s premier setting. A Tahoe-style main residence is paired with a substantial guest home, while a separate 3.2-acre parcel offers future possibilities. Inside, vaulted ceilings and grand living spaces frame a cherry office, a sunroom, and a formal dining room designed to host 20. The amenities read like a private retreat: a theater for evenings in, a heated workshop for year-round projects, and a 7-car garage with a dedicated motorhome bay. Outdoors, the property unfolds in a park-like landscape with gardens, a gazebo, and hiking trails, alongside a solar-heated PebbleTec pool, par-3 golf, and a bocce court—spaces that invite long, unhurried days at home.

In the heart of downtown San Luis Obispo, this two-story mixed-use asset anchors the corner of Higuera and Chorro Streets—an address positioned at the epicenter of the city’s primary commercial corridor. The building blends office and retail uses, creating in-place income and tenant synergy within a setting defined by steady daily foot traffic. Outside the door, the rhythm of Downtown SLO unfolds with premier shopping and dining, plus the weekly Thursday night Farmers’ Market that draws locals and visitors alike. The location also sits just steps from Mission San Luis Obispo and Cal Poly’s HotHouse innovation hub, benefiting from consistent tourism and student activity. Held in a tightly supplied market with limited inventory, it offers a downtown presence designed to stay relevant as the neighborhood evolves.