The Estero Bluffs, a nearly four mile coastal plain north of Cayucos, is a state park and the centerpiece of the Cayucos Land Conservancy's conservation efforts. Cayucos Land Conservancy's involvement is based on its ownership of a conservation easement on the property. State Parks holds fee title and is responsible for its management. Cayucos Land Conservancy's conservation easement is designed to preserve the bluffs and to keep them, as much as possible, the way they have always been. The easement was deeded in March, 2002 and runs in perpetuity. It empowers the Cayucos Land Conservancy to participate in the management of the property and requires CLC's concurrence on all management decisions. This is a unique ownership arrangement for State Parks and one that has led to a very cooperative relationship between State Parks and the Cayucos Land Conservancy.

In keeping with the community's vision, the Cayucos Land Conservancy has dedicated itself to being a good steward of the property. Consequently, the Cayucos Land Conservancy has instituted several stewardship projects. The " Bluffs Walks" program offers guided hikes on the bluffs several times per year. Every guide is an expert on some aspect of the property's resources e.g. birds, geology, whales, native plants, etc.

In addition there are periodic Cayucos Land Conservancy volunteer workdays to remove ancient fences or to clean trash out of gullies or parking areas. The CLC also works to address access, resource and visitor related issues.