1230 Los Olivos, Los Osos, CA 93402
List Price: $535K
Listing Status: Active
0Days on Market: 64
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 51,401 sq ft
Annual Property Tax: $2,342.86
MLS Number: SC26072912
About This Property
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.
Listing provided by: Sandy Bean DRE #00683212 805-528-3475 Sandy@SandyBean.net