See all 5 photos
$534,950
Est. payment /mo
1.23 Acres Lot
Active
1250 Los Olivos Los Osos, CA 93402
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC26072930
Lot Size 1.230 Acres
Property Sub-Type Lots/Land
Property 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, these 2 lots are the BEST priced CRMLS-listed BUILDABLE NOW Residential Multi Family zoned (RMF) lots (6.7.26) by the beach between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (6/7/26) 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 (6/7/26-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: 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 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.
Location
State CA
County San Luis Obispo
Community Horse Trails
Direction West on Los Osos Valley Road, Right on Fairchild, Property is 2nd from SE Corner of Fairchild and Los Olivos
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Cable TV, Electric, Natural Gas, Telephone
View Y/N No
Others
Senior Community No
Tax ID 074293016
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour HTTPS://LosOsosLand.com

Listed by Sandy Bean, DRE#00683212 Oceanside International Real E
NEARBY SCHOOL & BUSINESS
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