$550,000

224 Butte Dr Los Osos, CA 93402

Estimated payment $3,276/month

Total Views 14,305
0.2 Acre
$2,737,680 Price per Acre
8,750 Sq Ft Lot

Highlights

  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Near a National Forest
  • Monarch Grove Elementary School Rated A
  • Back Bay Views
  • No HOA

About This Lot

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.

Listing Agent

Margaret O'Hara

LPT Realty, Inc. Brokerage Phone: 805-550-7075 License #01099075 Listed on: 07/11/2025

LPT Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 8,750 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Rectangular Lot
  • Level Lot
  • Property is zoned RSF

Property Views

  • Back Bay
  • Bluff

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Tax Tract Number 316
  • Assessor Parcel Number 074462005
  • $242 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Sunset Terrace Subdivision
  • Near a National Forest
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Vacant Lot
  • Possible Use: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Sunset Terrace(660)
  • View: Yes
  • Zoning: RSF
  • Property Type: Land
  • Parcel Number: 074462005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 62.86

Exterior Features

  • View: Back Bay, Bay

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Curbs, Golf, Hiking, Horse Trails, Preserve/Public Land, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size: 0.2009/8,750
  • Lot Size Sq Ft: 8750.00
  • Lot Size Acres: 0.2009

Multi Family

  • Lot Size Area: 8750.0000 Square Feet
  • Waterfront Features: Bay Front

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 107.07
  • Tax Lot: 5
  • Tax Tract Number: 316
  • TaxOtherAnnualAssessmentAmount: 242.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,614 $403,270 $403,270 --
2024 $4,534 $395,363 $395,363 --
2023 $4,534 $387,611 $387,611 $0
2022 $4,263 $380,011 $380,011 $0
2021 $4,215 $372,560 $372,560 $0
2020 $4,158 $368,740 $368,740 $0
2019 $4,116 $361,510 $361,510 $0
2018 $4,070 $354,422 $354,422 $0
2017 $3,995 $347,473 $347,473 $0
2016 $3,922 $340,660 $340,660 $0
2015 $3,867 $335,543 $335,543 $0
2014 $3,565 $328,971 $328,971 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 For Sale $550,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $301,000 Chicago Title Co
Grant Deed $200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25156457

California Regional Multiple Listing Service (CRMLS)

APN: 074-462-005