$534,950
 $2,872 est/mo Sourced by Back At You

1230 Los Olivos,Los Osos, CA 93402

Los Osos, CA 93402

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Description

When Coastal Land is gone, it's gone. That's why beach home prices are sky high. Build slowly, and end up with a FREE Coastal Home or more. MOTIVATED Sellers are GIVING away these 2 lots (adjacent is listed too)!!! Except 1 in Cambria, these 2 lots are the BEST priced CRMLS-listed BUILDABLE NOW Residential Multi Family zoned (RMF) lots (6.7.26) by the beach between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (6/7/26) TODAY!! TOO GOOD TO BE TRUE? It's true! LOOK at all stats. Listed at less than 1/2 price (per acre) of ALL CRMLS SOLD or Pending COASTAL SLO land (6/7/26-last 6 mo), all zonings, -5 acres, BUT these are RMF. RARE zoning today, AND the BEST for home construction, and loans. Once these are gone, they can't be replaced at less than over $1 million to $4 million each acre. And YES. YOU CAN VERIFY buildability before close of escrow. NOT all 43 homes ASAP, but perhaps 7 each year. After a nearly 40 yr Moratorium, NOW is time for these 2 Properties. Have Build Letter and Water Will-Serve Letter. This one is: A) #8 (23 homes on the LO RMF Build list): The Adjacent is: B) #9 (20 homes on the Build list). Los Osos construction is moving forward, SLOWLY. See Tribune Article pdf (w/info links) on VirtualTour: LosOsosLots.com . A) If a lot isn't on the build list, it may not be possible to add it. B) The list number determines how soon a property can build. Large # may take 10+ yrs. THESE WERE IN ESCROW. Buyer wanted 70 homes ASAP. BONUS: Possible peek of Morro Rock from 2-story on north portion of property. One Seller is RE Licensee.

Details

MLS #SC26072912
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site151
Listing Provided ByOceanside International Real E | Sandy Bean

Features

ZoningRMF
Acreage1.18
Golf CourseYes
Property ViewYes

Exterior

Lot FeaturesSixteen To Twenty Units Acre, Corner Lot, Gentle Sloping, Lot Over40000Sqft, No Landscaping, Near Park, Near Public Transit, Paved, Rectangular Lot
FencingAverage Condition, Partial, Wrought Iron, Wire

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
SewerPublic Sewer, Sewer Assessments

Location

Community FeaturesBiking, Golf, Horse Trails, Water Sports, Park

Taxes

Property2342

Area Information

StateCA
CountySan Luis Obispo
CityLos Osos
Zip Code93402
AreaOSOS Los Osos
Community NameCentral Business District
Listing VS Median (in Central Business District)
Price:
$534,950
low | high
Med:
$0
On site:
151
low | high
Med:
Sourced by Back At You

Market Activity 93402

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Learn More About This Property

StateCA
CountySan Luis Obispo
CityLos Osos
Zip Code93402
AreaOSOS Los Osos
Community NameCentral Business District
Listing VS Median (in Central Business District)
Price:
$534,950
low | high
Med:
$0
On site:
151
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $401K - $668K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1250 Los Olivos Property Photo 1
$534,950
1250 Los Olivos
Los Osos, CA 93402
Listing Updated: August 21, 2026 at 11:55:50 PM PDT