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BEACH TOWN! So much potential and so many options! A flat, 6970 sq ft vacant lot, accessible from 3 sides. Utilities are very close. Located just half a block off Hwy One (PCH), in downtown Oceano, less than a mile to the entrance at Oceano Beach and Dunes. Conveniently situated in the Central Business District (CBD), close to services, bus lines, Hwy One, train services, The Great American Melodrama. This large parcel allows many options for development, be it newer affordable housing standards or traditional mixed use commercial (renderings are available). Per email communication with County Planners they have stated "There have been some updates to our county ordinance regarding density, and height. This parcel is located within the central business district and has a maximum height of 45 feet. For sites within a central business district, ground-level floor area shall be for commercial uses. Commercial use is not required on the ground floor if 10% of total dwelling units is provided as guaranteed affordable housing in the low- or very low-income category in accordance with Section 22.12.030 (Housing Affordability Standards). Density for multi-family housing is 30 dwelling per acre. This would equate to 5 multi-family units allowed on a parcel that is 0.16 acres" contact Michael Zepeda mzepeda@co.slo.ca.us, for additional information. All information is deemed reliable but not guaranteed.

Highlights

  • Land
  • 0.16 Acre Lot
  • $0/ HOA
  • 193 days on Market


  • Acres
    0.16
  • Lot Features
    Corner Lot, Near Public Transit, Twenty Six To Thirty Units Acre, Street Level
  • Utilities
    Electricity Available, Overhead Utilities
  • Water
    Public

  • Area
    OCNO - Oceano
  • County
    San Luis Obispo
  • City
    Oceano
  • Neighborhood
    Oceano(350)
  • Zip Code
    93445

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Frequently Asked Questions

How do I schedule a tour of 1515 Ocean?

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How do I get more information about 1515 Ocean?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $510,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Oceano, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1515 Ocean?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1515 Ocean at around $2,765. This includes estimated property taxes and insurance.

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Can I negotiate the asking price for 1515 Ocean?

In most cases, yes. Whether 1515 Ocean is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Oceano's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1515 Ocean?

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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1515 Ocean was listed on April 29, 2026, which means it's been on the market for 193 days.

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What is the lot size of this property?

1515 Ocean sits on a 0.16-acre lot, which is 6,970 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 1515 Ocean still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 08, 2026 at 12:27PM All data, including 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. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 08, 2026 at 12:27PM | Source: California Regional Multiple Listing Service | MLS#: PI26090420