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$195,000 Just Listed
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Property Description
Discover an incredible opportunity to own a 9,375± sq. ft. lot just steps from the water in the charming coastal community of Los Osos. Envision your future dream home perched on a raised foundation, where every evening ends with breathtaking sunsets over Morro Rock and the iconic Three Towers, all enjoyed from the comfort of your own porch. With shoreline access just moments away, you'll have the opportunity to embrace the relaxed Central Coast lifestyle-morning walks along the water, fresh ocean air, and spectacular coastal scenery right outside your door. This exceptional property is already #203 on the Los Osos water waitlist and includes a sewer lateral already installed, adding tremendous value and convenience for future development. Even better, completed topographic maps, archaeological surveys, and concept plans for a beautifully designed 4-bedroom, office, 2.5-bath home with a 2-car garage are included, providing a head start toward turning your vision into reality. Whether you're dreaming of building your forever home, a coastal getaway, or making a smart long-term investment, opportunities like this are becoming increasingly rare. Waterfront-adjacent lots with views of Morro Rock are a limited resource, and simply put, they're not making any more of lots like this. Secure your place on California's stunning coastline and create something truly extraordinary for generations to enjoy.
Full Property Details
Full Property Details for 1574 5th St
General
- Price: $195,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: NS26133464
- Updated: 6/19/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Location
- Area: OSOS - Los Osos
- County: San Luis Obispo
- Development Name: OSOS - Los Osos
- Subdivision: Town of El Moro(680)
- Driving Directions: Los Osos Valley Rd > Pine Ave > Ramona Ave > 5th St (North)
- Dist. to Beach: See Remarks (Miles)
Utilities
- Dist. to Gas: At Street
- Dist. to Electric: At Street
- Sewer: Public Sewer
- Dist. to Sewer: Connected
- Water: See Remarks
- Dist. to Water: See Remarks
- Dist. to Telecomm: At Street
- Utility Description: Natural Gas Available, Sewer Connected, Electricity Available
Lot Features
- Property View: None
- Lot Size (Acres): 0.2152
- Lot Size (Sq. Ft.): 9,375
- Lot Size Source: Assessor
- Zoning: Residential
- Lot Description: Watersports, Biking, Fishing, Foothills, Urban
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $20.8
Listed by Cornerstone Homes Real Estate, Austin Haller
Get Pre-Approved Today
Schools
Schools serving 1574 5th St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Baywood Elementary School 1330 Ninth St., Baywood-Los Osos, CA 93402 | K-6 | 0.4 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 1 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 4.3 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 1574 5th St
Date
Details
Price
Change
Source
6/19/2026
Listed
$195,000
7.73%
MLS
8/16/2016
Sold
$181,000
—
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 1574 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,560
3%
$210,062
2%
2023
$2,479
—
$205,944
2%
2023
$2,479
6%
$201,906
2%
2022
$2,337
1%
$197,948
2%
2021
$2,303
1%
$194,067
1%
2020
$2,281
1%
$192,078
2%
2019
$2,259
—
$188,312
2%
2018
$2,249
2%
$184,620
2%
2017
$2,210
274%
$181,000
503%
2016
$591
—
$30,000
—
2015
$591
5%
$30,000
-86%
2014
$563
—
$208,365
—
2013
$562
—
$207,559
—
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 1574 5th St
1574 5th Street, Los Osos, CA 93402 (MLS# NS26133464) is a Lots/Land property with a lot size of 0.2152 acres. 1574 5th Street is currently listed for $195,000 and was received on June 19, 2026. Want to learn more about 1574 5th Street? 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.

