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$499,950
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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
Full Property Details
Full Property Details for 1250 Los Olivos
General
- Price: $499,950
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SC26072930
- Updated: 10/20/2026
- Days on Market: 207 days
- Added to Site: 207 day(s) ago
Location
- Area: OSOS - Los Osos
- County: San Luis Obispo
- Development Name: OSOS - Los Osos
- Subdivision: Other (OTHR)
- Driving Directions: West on Los Osos Valley Road, Right on Fairchild, Property is 2nd from SE Corner of Fairchild and Los Olivos
- Dist. to Beach: On street (Miles)
Utilities
- Sewer: Sewer Assessments, Public Sewer
- Dist. to Water: On street
- Utility Description: Water Available, Sewer Available, Phone Available, Natural Gas Available, Cable Available, Electricity Available
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,579
- Lot Size Source: Assessor
- Present Use: Multi-Family
- Zoning: RMF
- Lot Description: Horse Trails, Golf, Biking, Hiking, Foothills, Stable(s), Park
- Fencing (Description): Wood, Partial
Financial Considerations
- Price Per Sq. Ft.: $9.33
Listed by Oceanside International Real E, Sandy Bean
Get Pre-Approved Today
Schools
Schools serving 1250 Los Olivos
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Baywood Elementary School 1330 Ninth St., Baywood-Los Osos, CA 93402 | K-6 | 1 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 0.9 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1250 Los Olivos
Date
Details
Price
Change
Source
9/24/2026
Price Reduced
$499,950
-6.54%
MLS
4/05/2026
Listed
$534,950
91.05%
MLS
5/16/2024
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1250 Los Olivos
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,221
35%
$291,312
2%
2024
$5,355
—
$285,600
146%
2023
$5,345
—
$116,056
2%
2023
$5,345
2%
$113,781
2%
2022
$5,248
—
$111,550
2%
2021
$5,252
—
$109,363
1%
2020
$5,236
1%
$108,242
2%
2019
$5,207
-8%
$106,120
2%
2018
$5,670
—
$104,040
2%
2017
$5,642
-1%
$102,000
-4%
2016
$5,686
—
$106,103
2%
2015
$5,666
2%
$104,510
2%
2014
$5,558
—
$102,463
—
2013
$5,558
—
$102,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1250 Los Olivos
1250 Los Olivos, Los Osos, CA 93402 (MLS# SC26072930) is a Lots/Land property with a lot size of 1.2300 acres. 1250 Los Olivos is currently listed for $499,950 and was received on April 05, 2026. Want to learn more about 1250 Los Olivos? Do you have questions about finding other Lots/Land real estate for sale in Los Osos? You can browse all Los Osos real estate or contact a Coldwell Banker agent to request more information.

