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Los Osos, CA

$490,000

2680 Cottontail Lane, Los Osos, CA
129
Days listed

About this home

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.

Facts & features

Exterior & lot
Lot size
0.5 acres (21,780 sq ft)
View
Bay, Coastline, Hills, Neighborhood
Community
Area
OSOS - Los Osos
County
San Luis Obispo
Community features
Suburban
Listing details
Status
Active
Property type
Land
Days on market
129
Listed
2026-03-12
Terms
Cash, Cash To New Loan, Conventional
Parcel #
074326050
MLS #
PI26054670
Listed by
John Souza · Central Coast Sotheby's International Realty

Location

Price history

Listed
$490,000 · 2026-03-12
Days on market
129
Current price
$490,000
Financing

Could this home be yours?

Estimated monthly payment
$3,074
$2,478 principal & interest · $596 taxes & insurance
$98,000
Estimate only
Loan $392,000

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Listing data provided by CRMLS

Listing courtesy of Central Coast Sotheby's International Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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