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1581 6th, Los Osos
$160,000
SC26218182 MLS ⋅ Active Status
Discover the opportunity to build your Central Coast getaway in the charming community of Los Osos. This vacant parcel offers a tranquil setting with refreshing coastal breezes, and an ideal location near Baywood. Nestled among established residences, the property is a great canvas for creating a custom home tailored to your lifestyle. Enjoy easy access to nearby beaches, bayfront trails, local shops and restaurants, and an abundance of outdoor recreation. Just minutes from Morro Bay, this property puts you close to all that makes the Central Coast so special. Buyer to verify building requirements, utility availability, zoning, and development potential with the appropriate local agencies. The Lot is #86 on the Building Wait List.

1581 6th, Los Osos

1924 Nevada Court, Los Osos
$235,000
SC26199391 MLS ⋅ Active Status
Prime Development Opportunity in Los Osos – Near Sea Pines Golf Course! Discover the perfect location to build your dream investment property or future home. This incredible, level lot is nestled in a quiet cul-de-sac, offering the ideal setting for your next project. Located just behind the renowned Sea Pines Golf Course, you'll be within walking distance to the course. For nature lovers and outdoor enthusiasts, this property provides easy access to the scenic Back Bay Hiking Trail and Dunes, making it a great spot for those who enjoy outdoor activities in a tranquil, natural environment. Zoned for multi-family construction and approved for two dwellings, this lot presents an exciting opportunity to develop in a highly desirable area. Plus, with its spot #17 on the multi-family waitlist, you’ll be perfectly positioned for future growth and expansion. The property is also conveniently close to downtown Baywood, with its charming restaurants and the popular Farmers Market every Monday, ensuring you’re never far from local amenities. Best of all, it's located across from the peaceful back bay, offering serene views and a quiet atmosphere. Don’t miss out on this rare opportunity to invest in one of the most sought-after locations, where convenience, nature, and potential come together. Act now and make your vision a reality! Buyer to verify building details with the SLO County Planning and Building Department.

1924 Nevada Court, Los Osos

1852 12th Street, Los Osos
$100,000
PI26183033 MLS ⋅ Active Status
This level, rectangular 6,250 sq. ft. lot is #159 on the County’s Los Osos Waitlist-to-Build. Set among established homes, the property offers a great location for enjoying the best of Los Osos, with trail access to the El Moro Elfin Forest at the north end of 12th Street and the back bay and Baywood Park’s waterfront, shops, restaurants and Monday Farmers Market nearby. Montaña de Oro State Park is just a short drive away. Recent changes to the Los Osos Waitlist-to-Build program provide additional opportunities for development, with any unused 2026 growth allocations becoming available throughout the sewer service area beginning October 1, regardless of waitlist position. Buyer to verify building requirements, utility availability, habitat mitigation requirements and development timing with the SLO County Planning and Building Department.

1852 12th Street, Los Osos

1210 Bayview Heights Drive, Los Osos
$398,000
NS26183831 MLS ⋅ Active Status
This special half-acre parcel of land offers an exceptional opportunity to build your custom dream home in the Bayview Heights neighborhood of beautiful Los Osos. Featuring paved street access and nestled within a small forest of pygmy oaks and numerous manzanitas, this parcel offers privacy and on-site landscaping! Close to town, shopping, golfing, and Montana de Oro State Park with fantastic hiking, running, mountain biking, and horseback riding trails right on the Pacific Ocean. Water is already connected to this property. Contact SLO County Planning Department for building requirements and timelines. This property offers a rare chance to build a brand-new home in Los Osos on the scenic Central Coast of California.

1210 Bayview Heights Drive, Los Osos

1295 San Luis, Los Osos
$330,000
PI26155921 MLS ⋅ Active Status
PRICE REDUCTION. Priced to sell: This unique parcel has entrances on both San Luis Ave and 14th St., maximizing options to access various potential structures. The lot is 1.2 acres on a lot that has a slight incline to multiple possible buildable locations, making it a unique offering for owners who are planning for generational living or would like a private workshop or training facility. The top of the lot could potentially deliver views to Morro Rock or the surrounding Morros, while set back from street for privacy. Check with the county about the possibility of any lot split. The property was #219 on the build list in 2024, the most recent record seller has for this information. With beaches, Baywood, Montana de Oro, the Elfin Forest, Sweet Springs Nature Preserve, and many other sites and recreational locations, Los Osos offers entertainment and recreation surrounded by stunning natural settings; and this lot is optimally situated to take advantage of all of that, in the heart of Osos. (Lines on photos are not exact; they are illustrations of the lot shape and rough estimates of the boundaries).

1295 San Luis, Los Osos

305 Henrietta, Los Osos
$149,000
SC26134598 MLS ⋅ Active Status
Previously 2 lots that were joined to make one large lot. They can be separated if you so desire. Great opportunity to own a spacious 9,600± sq. ft. corner lot in the highly desirable Cuesta by the Sea neighborhood of Los Osos. #247 on the county's waitlist to build. Ideally situated near the bay, this unique property offers the perfect setting to build your 2 story Bay View coastal dream home. Enjoy easy access to kayaking, paddleboarding, fishing, surfing, hiking, and miles of scenic coastline. Located just minutes from Montana de Oro State Park, Morro Bay, and Sea Pines Golf Resort is across the street .Sea Pines also offers lodging and dinning . The corner location provides added flexibility for site design and access. Experience the tranquility of coastal living surrounded by natural beauty, ocean breezes, and abundant outdoor recreation. Buyer to verify all building, zoning, utility, and development requirements with local municipality.

305 Henrietta, Los Osos

1574 5th Street, Los Osos
$185,000
NS26133464 MLS ⋅ Active Status
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.

1574 5th Street, Los Osos

1250 Los Olivos, Los Osos
$499,950
SC26072930 MLS ⋅ Active Status
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 & 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? 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 (6/26-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: A) #8 (23 homes on the LO RMF Build list): The Adjacent is: B) #9 (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. One Seller is RE Licensee.

1250 Los Olivos, Los Osos

1230 Los Olivos, Los Osos
$499,950
SC26072912 MLS ⋅ Active Status
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 & 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? 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 (6/26-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: A) #8 (23 homes on the LO RMF Build list): The Adjacent is: B) #9 (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. One Seller is RE Licensee.

1230 Los Olivos, Los Osos

230 Butte, Los Osos
$449,000
PI26062594 MLS ⋅ Active Status
Outstanding Bay front lot. Spectacular Morro Rock views and all of Morro Bay skyline. Entrance to Montana de Oro hiking at the end of the street. Sea Pines Golf Resort is nearby. Easy access to local shopping, restaurants, Morro Bay Marina and Waterfront. Large level lot that is raised on a low bluff with wetlands, marsh, abundant bird and marine life. Great opportunity to build quickly - at time of listing the County stated that the property was #55 on the building permit waitlist. Buyer is advised to independently verify development potential. NOTE: ADJACENT LOT IS CURRENTLY FOR SALE AND BOTH LOTS CAN BE PURCHASED TOGETHER. 224 BUTTE DR. County is in favor of one buyer for both lots, and verbally stated they will grandfather the water equivalency to both lots and grandfather the #55 on the wait list to both lots.

230 Butte, Los Osos

2680 Cottontail Lane, Los Osos
$490,000
PI26054670 MLS ⋅ Active Status
Excellent and rare opportunity to build a new home in Los Osos! The property comes with an approved Conditional Minor Use Permit, with only one remaining condition left to satisfy, placing you significantly ahead in the development process. In a community where new construction approvals have been extremely limited in recent years, this parcel represents one of the first opportunities for a newly approved home site in Los Osos in several years. Preliminary house plans have already been started, providing a valuable head start for the next owner. An approved water meter is already installed. This exceptional ½-acre property offers beautiful views of Morro Bay, Morro Rock and the peaks of Los Osos Valley, creating the perfect setting for a future coastal dream home. With its generous lot size, great location, stunning coastal and valley views, and substantial progress toward building approval, this property presents a unique chance to bring a custom home to life on the Central Coast. Don’t miss the opportunity to secure one of the few buildable parcels in Los Osos with approvals already in place.

2680 Cottontail Lane, Los Osos

1266 10th, Los Osos
$199,000
SC26042654 MLS ⋅ Active Status
Discover the ultimate canvas for your dream home with this exceptional view lot in Los Osos! Nestled in a tranquil neighborhood, this expansive 9,250-square-foot parcel offers captivating vistas of the stunning Irish Hills, along with delightful views of the ocean, bay and potential Morro Rock from a split level floor plan. Enjoy the paved street and the convenience of being just steps away from the enchanting Elfin Forest. For outdoor enthusiasts, you're only a quick 6 minute walk or 2 minute bike ride to Baywood Village and mere minutes to the breathtaking Montana del Oro State Park where you can indulge in hiking, picnicking, biking, surfing, and horseback riding amidst the natural beauty of SLO County's coastline. Don't miss your chance to create your perfect retreat in this prime location—be sure to consult with SLO County Planning and Building and Coastal Commission staff regarding your building aspirations and NHD. Lot is #246 on the water list, however recent updates to the Los Osos Waitlist-to-Build Phase-3 may allow construction applications to be submitted as early as October 1, 2026.

1266 10th, Los Osos

2796 Crockett Circle, Los Osos
$450,000
SC26037447 MLS ⋅ Active Status
Welcome to Cabrillo Estates, where coastal elegance meets timeless serenity in one of Los Osos’ most prestigious enclaves. This exceptionally rare, parcel presents a coveted opportunity to design and construct a custom residence in a community where available land is increasingly scarce. Elevated above the shoreline, the property captures sweeping panoramic views spanning more than 180 degrees — from Morro Bay and the Pacific horizon to the rolling peaks of the Santa Lucia Mountains. The result is an ever-changing canvas of golden sunrises, coastal light, and unforgettable sunsets. The gently sloping topography offers both architectural flexibility and natural seclusion, allowing for a thoughtfully designed coastal retreat that balances sophistication with tranquility. Whether you envision expansive view decks, walls of glass, or a private outdoor sanctuary, this homesite provides the foundation for something truly extraordinary. Beyond the property, Cabrillo Estates is celebrated for its peaceful atmosphere and proximity to the very best of the Central Coast — pristine beaches, Montana De Oro, kayaking on the bay, scenic hiking and biking trails, and the charm of nearby San Luis Obispo. This is more than vacant land — it is an invitation to create a legacy property in a setting defined by privacy, prestige, and panoramic beauty. Buyers are encouraged to consult with the San Luis Obispo County Department of Planning and Building regarding building requirements and plans. A valid Will Serve Letter from Golden State Water Company and at least 300 Title 19 retrofit credits are included with this purchase.

2796 Crockett Circle, Los Osos

286 San Leandro Court, Los Osos
$749,000
SC26010827 MLS ⋅ Active Status
Build your dream home with sweeping, unobstructed views of Morro Bay, iconic Morro Rock, the Elfin Forest, and the Estero. Tucked away on a quiet cul-de-sac in the highly desirable Cabrillo Estates, this exceptional homesite offers a rare, build-ready opportunity. The lot comes with an approved Minor Use Permit (MUP), cleared through the Coastal Commission, along with the associated HCP and ITP, allowing for construction of a multi-level residence featuring a 3-car garage, five bedrooms (three en-suite), four and a half bathrooms, a private deck off the primary suite, an office, and a rooftop deck—thoughtfully designed to capture breathtaking views from every level. Buyers can work with an architect to select their own interior design details and be ready to build in months rather than the years it often takes to start from scratch. Notably, this MUP took nearly five years to obtain, making this an especially valuable and time-saving opportunity. Just minutes from hiking and equestrian trails and the natural beauty of Montana de Oro State Park, with its secluded beaches and tide pools. A truly rare offering where the permitting groundwork is already complete.

286 San Leandro Court, Los Osos

224 Butte Drive, Los Osos
$449,000
PI25156457 MLS ⋅ Active Status
Beautiful Bay front lot. Spectacular Morro Rock views and all of Morro Bay skyline. Entrance to Montana de Oro hiking at the end of the street. Sea Pines Golf Resort is nearby. Large level lot that is raised on a low bluff with wetlands, marsh & abundant bird & marine life. At time of listing, the County stated that the property was #181 on the building permit waitlist, however the buyer is advised to independently verify development potential. This Lot has a Water Equivalency Certificate. 3 Sets of proposed architectural floor plans and renderings available. This Lot is .56 Acres and a total of 24,606 Square Feet. ADJACENT LOT IS CURRENTLY FOR SALE AND BOTH LOTS CAN BE PURCHASED TOGETHER. 230 BUTTE DR. County is in favor of one buyer for both lots, and verbally stated they will grandfather the water equivalency to both lots and grandfather the #55 on the wait list to both lots.

224 Butte Drive, Los Osos

Garden Street, Los Osos
$300,000
SC25146035 MLS ⋅ Active Status
An exceptional opportunity to own a double lot with direct Back Bay frontage in the highly sought-after Cuesta By the Sea neighborhood of Los Osos. Located on Garden Street, this unique property spans approximately 8,000 sq ft and includes two separate APNs, offering flexibility for future development or investment. Enjoy stunning views and serene surroundings just steps from Sweet Springs Nature Preserve and the vibrant community of Baywood with its weekly farmers market, dining, and coastal charm. This lot is currently #98 on the San Luis Obispo County building list, positioning it well for future building potential. Embrace the best of Central Coast living with this one-of-a-kind bayfront property. Easy access for Kayaking in the back bay. Buyer to verify building potential and permit requirements with San Luis Obispo County.

Garden Street, Los Osos

Ash Street, Los Osos
$199,000
SC25146002 MLS ⋅ Active Status
Don’t miss this incredible opportunity to own a double lot in the highly desirable Cuesta By the Sea neighborhood of Los Osos. Located on Ash Street, this 8,000 sq ft parcel includes two separate APNs, offering flexibility for future development or a spacious homesite. Just a short stroll to the serene trails of Sweet Springs Nature Preserve and the charming town of Baywood, this location is ideal for those seeking the perfect blend of nature, community, and coastal living. Enjoy kayaking on the bay, farmers markets, and local cafes all within walking distance. Buyer to check with San Luis Obispo County for building potential and permit status. This is a rare offering in one of Los Osos' most sought-after neighborhoods!

Ash Street, Los Osos

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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