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Jacob Gale

jgale5@kw.com +1(805) 556-2405

$499,950

Est. payment - /mo

1.23 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Central Business District

MLS Listing ID SC26072930

HOA Y/N No

Tax Year 2025

Lot Size 1.230 Acres

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 Osos construction is moving FORWARD! See Tribune Article pdf (w/info links) on VIRTUAL TOUR: LosOsosLots.com . 1) If a lot isn't on the build list, it may not be possible to add it 2) The list # determines how soon a property receives a County notice to apply to 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

Location

State CA

County San Luis Obispo

Area Osos - Los Osos

Zoning RMF

Interior

Fireplace No

Exterior

Fence Partial, Wood

Community Features Biking, Foothills, Golf, Hiking, Horse Trails, Stable(s), Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View Mountain(s), Neighborhood

Present Use Multi-Family

Building

Lot Description 16-20 Units/Acre, Gentle Sloping, Lot Over 40000 Sqft, Rectangular Lot

Sewer Public Sewer, Sewer Assessment(s)

New Construction No

Others

Senior Community No

Tax ID 074293016

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard, Trust

Virtual Tour https://losososlots.com/

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Listed by Sandy Bean Oceanside International Real E Sandy@SandyBean.net, DRE #00683212

Nearby Schools & Businesses

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Jacob Gale

Broker Associate License ID: 02098312

+1(805) 556-2405

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1250 Los Olivos Los Osos, CA 93402

Jacob Gale

Key Details

Location

Interior

Exterior

Building

Others

Nearby Schools & Businesses

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1250 Los Olivos