109 S 3rd ST Lompoc CA 93436 MLS #PI26015240

MLS #PI26015240 image #0
RE/MAX Commercial is pleased to offer the sale of a prime multifamily development parcel located at 109 South Third Street in Lompoc This one-acre site (Fidelity Passport Report), presents a compelling residential development opportunity in a well-established area of Southeast Lompoc.
The property is zoned R-3 PD and is flat, level, and highly buildable with utilities readily available at the street–an ideal foundation for a thoughtful multifamily project. In 2021 the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes. The approved plan envisioned: 24 two-story residential townhome units with three bedrooms and two and one-half baths per unit and individual two-car garages. A cohesive Mission-inspired architectural design.
Per 1/29/26 meeting with the City of Lompoc Planning department, planning entitlements are valid through June 17th, 2026. Map is valid until June 17th, 2027 with an additional 2-year extension available. Given the passage of time and evolving housing needs, buyer prospects are encouraged to engage directly with the City as well as the State new guidelines to explore additional density opportunities.
The location enhances the appeal: Prime Southeast Lompoc setting with close proximity to West Ocean Avenue and Hwy 1. Convenient access to the medical district, nearby Hapgood Elementary School, and established residential surroundings with neighborhood continuity.
About Lompoc and the region: Lompoc continues to gain attention as a coastal California community offering a rare balance of affordability, growth potential, and lifestyle appeal. Known for its open skies, agricultural roots, and proximity to the Pacific, the city benefits from regional drivers including Vandenberg Space Force Base, expanding medical services, and steady demand for quality workforce and family housing. Its location along the Central Coast places residents within reach of Santa Barbara, Santa Ynez wine country, and the rugged beauty of the Gaviota coastline.
This offering represents a near turnkey development opportunity in a city that values smart growth and community-oriented development. Why wait? Explore the potential and start shaping Lompoc’s next residential chapter today. Architectural information and more in private remarks.
Buyer and Buyer’s agent to verify all information with City of Lompoc.
Current real estate data for Land in Lompoc as of Mar 14, 2026
12
Land Listed
195
Avg DOM
$2,996,083
Avg List Price

Property Details

Price:
$975,000
MLS #:
PI26015240
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
lomplompoc
Listed Date:
Jan 23, 2026
Lot Size:
43,560 sqft / 1.00 acres (approx)
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Property Summary

    109 S 3rd ST Lompoc CA is a Land for sale in Lompoc, CA, 93436. It is listed for $975,000 and features 1 acres.

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109 S 3rd ST
Lompoc, CA