1250 Los Olivos , Los Osos, CA 93402
$499,950
Est. Payment: $2,743.91/mo
1.23 Acres
Status: Active | Days on site: 172
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SCOCSD - SC00683212
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House 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 & 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? 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 (6/26-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.

Highlights

Listed by Sandy Bean , 805-528-3475 Oceanside International Real E , 805-528-3475. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
1.23

County

San Luis Obispo

Area

OSOS - Los Osos

Neighborhood

Central Business District

Listing ID

SC26072930

Questions about this listing?

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Interior Features

Exterior Features

Lot:16-20 Units/Acre,Gentle Sloping,Lot Over 40000 Sqft,Rectangular Lot,No Land Lease
Zoning:RMF
Sewer:Public Sewer,Sewer Assessment(s)
Principal Interest
$2,744
Taxes
$319

Home Price

$499,950

Loan Details

30 yrs
7.307%

Down Payment

20%
$99,990
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,743.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,743.91 $318.72 $0.00 $3,062.63
Yearly $32,926.95 $3,824.62 $0.00 $36,751.57
Total $987,808.46 $114,738.53 $0.00 $1,102,546.98

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Los Osos, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T23:12:51.000Z

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