This park features rugged cliffs, secluded sandy beaches, coastal plains, streams, canyons, and hills, including 1,347-foot Valencia Peak. Naturalists and backpackers enjoy the solitude and freedom found along the park's trails. There are also mountain biking and equestrian trails. The best-known beach is Spooner's Cove, across from the campground. The park's name, "Mountain of Gold," comes from the golden wildflowers that bloom in spring. Wildlife in the park includes black tailed deer and the black oystercatcher. The park includes primitive and equestrian campsites.
The park is six miles southwest of Morro Bay and seven miles south of Los Osos on Pecho Road. The weather can be changeable; layered clothing is recommended.