273 Birch, Cayucos, CA 93430
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
273 Birch,Cayucos, CA 93430
$2,000,000
- 0.34 Acres
- Lots / Land
- Active
Listed by: karlie montgomery
Office: luxton real estate805-391-0241
MLS#:NS26167940
Source:CRMLS
Price summary
- Price:$2,000,000
About this home
Skip years of coastal entitlement risk. This 0.34± acre parcel is fully entitled and ready to build, zoned Residential Multi-Family under a site specific Planning Area Standard adopted by San Luis Obispo County and certified by the California Coastal Commission in February 2025. That means the hardest, slowest, most expensive part of a coastal development deal is already done. The entitlement was written to maximize upside. Future development must be a multi-family residential project, apartments or for-sale condominiums, with a minimum density of 15 units per acre, approximately 5 units, and proposals are directed to push the total unit count beyond that 5 unit minimum wherever possible. The site is exempt from the intensity standards of Section 23.04.084, removing one of the biggest constraints developers face on infill sites. Even better, maximum height is measured from the centerline of Birch Avenue rather than natural grade, a real advantage on this site that opens the door to more square footage per unit. Architectural concept plans already illustrate an 8 unit condominium design with subterranean parking, giving a buyer a proven blueprint for unit mix and yield. One block from Hardie Park, near Cayucos Elementary School and the heart of Cayucos, minutes from the beach in a market where entitled multi-family land rarely comes available. Companion parcel at 249 Cayucos Avenue also available, sold separately, for a buyer who wants to control the whole block. Buyer to independently verify all information with the County of San Luis Obispo....
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Home facts
- Subdivision & Development:Town of Cayucos(540)
- Listing ID #:NS26167940
- Added:22 day(s) ago
- Updated:August 24, 2026 at 11:04 AM
Structure and exterior
- Lot area:0.34 Acres
- Lot Features:No Landscaping
Utilities
- Water:Public
Finances and disclosures
- Price:$2,000,000
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