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$415,000
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Property Description
Calling all visionary developers and astute investors! Presenting an exceptional opportunity to acquire a commercial residential zoned corner lot with tremendous potential for a mix-use development. This strategically located property spans 6,970 square feet (approximately 0.16 acres) and awaits your creative touch. Situated within a mere 1.3 miles of the captivating Oceano State Dunes and beach, this prime lot offers an enviable location that is sure to attract a diverse range of residents and visitors. The flat terrain, coupled with an available soil report, provides a solid foundation for your ambitious plans. With commercial residential zoning in place, you have the freedom to envision and bring to life a dynamic project that seamlessly integrates commercial and residential spaces. Imagine a modern complex with retail units on the ground floor, complemented by loft apartments or flexible office spaces above. The possibilities for creating a community that thrives with a mix of commerce and comfortable living are boundless. While water and electric connections are not currently established on the lot, the potential for connection is within reach, allowing you to tailor the infrastructure to suit your development needs.
Full Property Details
Full Property Details for 1515 Ocean
General
- Price: $415,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: PI25226066
- Updated: 9/26/2025
- Days on Market: 180 days
- Added to Site: 180 day(s) ago
Location
- Area: OCNO - Oceano
- County: San Luis Obispo
- Development Name: OCNO - Oceano
- Subdivision: Oceano(350)
- Driving Directions: From highway 1 head east on Ocean St and lot is on your left.
- Dist. to Beach: NA (Miles)
Utilities
- Water: None
- Dist. to Water: NA
Lot Features
- Property View: None
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Zoning: CR
- Lot Description: Street Lights
Financial Considerations
- Price Per Sq. Ft.: $59.54
Listed by eXp Realty of California, Inc., Andrew Romero
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Schools
Schools serving 1515 Ocean
School District:Lucia Mar Unified School District
| Name | Grades | Distance |
|---|---|---|
Oceano Elementary School 1551 17th Street, Oceano, CA 93445 | K-6 | 0.2 mi |
Judkins Middle School 680 Wadsworth Street, Pismo Beach, CA 93449 | 7-8 | 3.4 mi |
Arroyo Grande High School 495 Valley Road, Arroyo Grande, CA 93420 | 8-12 | 2.2 mi |
Central Coast New Tech High School 523 North Thompson Avenue, Nipomo, CA 93444 | 9-12 | 8.1 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 1515 Ocean
Date
Details
Price
Change
Source
9/26/2025
Listed
$415,000
232%
MLS
12/08/2017
Sold
$125,000
—
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 1515 Ocean
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,519
4%
$142,226
2%
2023
$1,454
—
$139,438
2%
2023
$1,454
2%
$136,704
2%
2022
$1,432
—
$134,024
2%
2021
$1,430
1%
$131,397
1%
2020
$1,413
1%
$130,050
2%
2019
$1,403
2547%
$127,500
2563%
2018
$53
2%
$4,788
2%
2017
$52
6%
$4,695
2%
2016
$49
—
$4,603
2%
2015
$49
4%
$4,534
2%
2014
$47
—
$4,446
—
2013
$47
—
$4,426
—
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 1515 Ocean
1515 Ocean, Oceano, CA 93445 (MLS# PI25226066) is a Lots/Land property with a lot size of 0.1600 acres. 1515 Ocean is currently listed for $415,000 and was received on September 26, 2025. Want to learn more about 1515 Ocean? Do you have questions about finding other Lots/Land real estate for sale in Oceano? You can browse all Oceano real estate or contact a Coldwell Banker agent to request more information.

