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Listed by Sandy Bean, DRE #00683212 • Oceanside International Real E
$ 499,950
Est. payment /mo
Price Dropped by $35K
1250 Los Olivos Los Osos, CA 93402
1.23 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC26072930
Lot Size 1.230 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
When Coastal Land is gone, it's gone. That's why beach home prices are high. In Los Osos, Build slowly, to end up with MOST AFFORDABLE beach homes! MOTIVATED Sellers are GIVING away these 2 lots (adjacent is listed too)!!! Except 1 in Cambria & 1 in Oceano, these 2 lots are the BEST priced CRMLS-listed BUILDABLE NOW Residential Multi Family zoned (RMF) lots (9.23.26) by the beach between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (9/23.26) TODAY!! TOO GOOD TO BE TRUE? LOOK at stats. Listed at less than 1/2 price (per acre) of ALL CRMLS SOLD or Pending COASTAL SLO land (9/23/26-last 6 mo), all zonings, -5 acres, BUT these are RARE RMF zoning AND BEST for home loans. Once these are gone, they can't be replaced at less than over $1million to $4 million per acre. And YES. YOU CAN VERIFY buildability before close of escrow. Codes show 18 homes per lot, for 36 total, and can't build all ASAP in Los Osos, 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: B) #9 (23 homes on the LO RMF Build allocation list): Adjacent is: A) #8 (20 homes on the Build allocation list), but may be 18 homes each unless incentives for more are approved. Los O
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Zoning LZ,D4,LSR,GSL
Exterior
Fence Partial Fencing, Wood
Utilities Available Electricity - On Site, Telephone - Not On Site
View Hills, Local/Neighborhood
Building
Lot Description Grade - Gently Sloped
Others
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