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$534,950

53,579 sqft lot00|64 DOM

1250 Los Olivos, Los Osos, CA 93402

Property Description

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: B) #9 (23 homes on the LO RMF Build list): The Adjacent is: A) #8 (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 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.

Listing provided by: Sandy BeanDRE #00683212805-528-3475 Sandy@SandyBean.net, Oceanside International Real E

MLS #: SC26072930