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1230 Los Olivos

Los Osos, CA 93402
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SqFt51,401

Sqft(Lot)

When Coastal Land is gone, it's gone. That's why home prices are sky high. Build your Coastal Empire slowly, and end up with a FREE Coastal Home or more. MOTIVATED Sellers are seriously GIVING away these two lots (adjacent is listed too) at this price!!! 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 ocean between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (6/7/26) TODAY!! NOT TOO GOOD TO BE TRUE! LOOK at all stats. These are 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, under 5 acres, BUT these are RMF. RARE zoning today, AND the BEST for home construction, and financing. Once these are gone, they can't be replaced at less that over a million to 4 million each acre. And YES. YOU CAN VERIFY buildability before close of escrow. NOT 43 homes ASAP, but perhaps 7 each year. After a nearly 40 yr Moratorium, NOW is time for these 2 Properties. Build Letter was received. HAVE Water Will-Serve Letter. This one is: A) #8 (20 homes on the LO RMF Build list): The Adjacent is: B) #9 (23 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 may be developed. Large numbers may take 10+ yrs. THESE WERE IN ESCROW. Buyer wanted 70 homes ASAP-NOT possible in LO right now. BONUS: Possible peek of Morro Rock from 2-story on north portion of property. One Seller is RE Licensee.

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Detail Ic Property Details

Property Type : Land

Price : $534,950

AD Id : 76800785

MLS Id : SC26072912

Lot Size : 51,401 Sqft(Lot)

County : San Luis Obispo

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Feature Features

  • Water/Sewer

    Water Source: Well Sewer: Public Sewer,Sewer Assessment(s)

  • Fencing

    Average Condition,Partial,Wrought Iron,Wire

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.18
  • Lot Size Source: Assessor Lot Size Square Feet: 51401

  • Listing Price Information

    Original List Price: 534,950 Listing Contract Date: 2026-04-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 074293015 Tax Year: 2025 Annual Tax: 2342.86

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: OSOS - Los Osos Directions: West on Los Osos Valley Road, Right on Fairchild, Property is on the SE Corner of Fairchild & Los Olivos Zoning: RMF Source Property Type: Land Area: OSOS - Los Osos
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Pasadena Drive, Los Osos, CA, 93402 $1,900,000 -- -- -- Acres (Lot)--
Pasadena Drive, Los Osos, CA, 93402 $7,000,000 -- -- -- 23,435,280 Sqft(Lot)
Pasadena Drive, Los Osos, CA, 93402 $1,900,000 -- -- -- Acres (Lot)--
16th Street, Los Osos, CA, 93402 $169,000 -- -- -- 6,250 Sqft(Lot)
1325-1335 15th Street, Los Osos, CA, 93402 $127,000 -- -- -- 12,500 Sqft(Lot)
1455 13th Street, Los Osos, CA, 93402 $179,000 -- -- -- 9,375 Sqft(Lot)
1168 10th Street, Los Osos, CA, 93402 $195,000 -- -- -- 6,251 Sqft(Lot)
1266 10th, Los Osos, CA, 93402 $199,000 -- -- -- 9,375 Sqft(Lot)
1527 11th Street, Los Osos, CA, 93402 $199,000 -- -- -- 12,500 Sqft(Lot)
2680 Cottontail Lane, Los Osos, CA, 93402 $490,000 -- -- -- 21,780 Sqft(Lot)

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ByOwner last updated this listing 06/10/2026 @ 18:50

MLS: SC26072912 LISTED BY: Sandy Bean, Oceanside International Real E 805-528-3475 SOURCE: CRMLS

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