Buildable & Waitlist Lots

153 Rennell Street | Morro Bay

Vacant land available in the very desirable Morro Bay 'Beach Tract'. A level lot, walking distance to the beach. This is a great opportunity to build your custom dream home! Buyer to verify complete building details with the City of Morro Bay. Offered at $475,000.

Call Catherine Stone (805) 234-4509 or

3255 Rogers Drive | Cambria

Great potential to build your dream home in charming Cambria! This 5,000 square foot parcel is located on a paved street with great views of the Santa Lucia Mountains and the Santa Rosa Creek Valley, within walking distance of Cambria Pines Lodge. #296 on the CCSD water wait list. Offered at $50,000.
Call Paula Gates at (714) 425-0473 or email

560 Hacienda Drive | Cayucos

Ocean views, short distance to the beach, and utilities close by. Check with SLO County planning department for details. 3 Lots on 1 large parcel. Offered at $175,000.

Call Catherine Stone (805) 234-4509 or


3094 Gilbert | Cayucos

Beautiful views from this area of undeveloped lots. Some Gilbert Avenue lots have addresses and the lot owners are in the process of trying to obtain county approval for building road and infrastructure. Currently this lot is NOT buildable. Check with the San Luis Obispo Planning Dept. to receive updated information as to where this lot is in the process. Offered at $70,000.

Call Catherine Stone (805) 234-4509 or

2460 & 2480 Malvern Street | Cambria

Spectacular valley and mountain range vistas from large parcels. APN 023-451-021 and 023-451-020 must be purchased at same time. Close drive to town and beach. Super investment for future. Nice level lots. One is on water wait list. Great location! Offered at $25,000 each. Must be purchased together.

Call Catherine Stone (805) 234-4509 or


Paper Lots

Paper lots refer to land parcels that can be bought and sold like other land properties, but as the name suggests the lots only exist on paper and they are not buildable. Central Coast Real Estate cannot advise the status of future development. Buying and selling of paper lots is for speculative future use.

Potential buyers are advised to contact the San Luis Obispo county planning department for land use restrictions on paper lots and future use. The following paper lots are for sale, are not currently buildable, cannot be developed, and do not have access to utilities or roads.

  • Cayucos paper lots DO have APN#s and can be seen on original Assessor’s maps from the 1920s.

  • The Cayucos Land Conservancy actively engages in paper lot purchases. Learn more here.

  • Paper lot land owners cannot install a tiny home, mobile home, or RV on the property. There are no roads to the property and cannot be easily located.

0 Keaton Blvd, Cayucos

Hillside paper lot with partial or full ocean views. 

Offered at $6,500 
Call Catherine Stone at (805) 234-4509 or email

0 Hubbard | Cayucos

Two separate parcels listed. Properties are hillside paper lots with partial or full ocean views. 

Offered each at $6,500 each
Call Catherine Stone at (805) 234-4509 or email