
Los Osos, California 93402
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $950,000—positioned above the $876,558 Fair Market Value by 8%. While the property requires modernization, its Condition Rating of 4 and Sweeping Coastal Views of Morro Rock and the Back Bay provide a unique foundation for value-add renovations. Featuring a Circular Driveway and Accessibility Lift, the home offers rare functional advantages. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to personalize a coastal sanctuary in the San Luis Coastal Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1154 Santa Ysabel Subject | $950,000* List Price | 3 | 2 | 1,208 | $726 | - |
A 1408 3rd Street Sold | $884,000 | 3 | 2 | 1,137 | $777 | 0.6 mi |
B 1635 12th Sold | $850,000 | 3 | 2 | 1,064 | $799 | 0.6 mi |
C 1051 Santa Ysabel Avenue Sold | $970,000 | 2 | 2 | 1,440 | $674 | 0.1 mi |
D 1223 7th Sold | $950,000 | 3 | 3 | 1,524 | $623 | 0.3 mi |
E 1461 18th Sold | $928,000 | 3 | 2 | 1,385 | $670 | 0.5 mi |
F 1791 15th Sold | $875,000 | 3 | 2 | 1,544 | $567 | 0.8 mi |
G 1847 8th Sold | $800,000 | 3 | 2 | 1,395 | $573 | 0.9 mi |
H 1540 7th Sold | $794,600 | 2 | 2 | 899 | $884 | 0.5 mi |
I 1332 15th Active Under Contract | $777,000 List Price | 3 | 2 | 1,180 | $658 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is over 35 years old and maintains much of its original character. While the listing notes 'refreshed' cabinetry and new carpet, the kitchen remains dated with 1980s-style oak cabinets and white tile countertops. It is functional and well-maintained, but the age of the primary systems and finishes suggests it needs modern updates to meet current standards.
The property is perfectly positioned to capture sweeping, elevated views of the Back Bay, Morro Rock, and Hollister Peak, significantly enhancing its aesthetic appeal and market value.
Unique for an elevated home, the inclusion of a lift to the main deck and a circular driveway provides superior accessibility for groceries, strollers, and mobility-impaired residents.
Situated just one block from the Elfin Forest and within walking distance to Baywood Park’s local shops and nature preserves, the home offers an ideal coastal community experience.
With 148 days on the market, the property may face buyer skepticism regarding its pricing or underlying demand compared to faster-moving local inventory.
At 1,208 square feet, the interior space is relatively modest for a three-bedroom home, which may limit its appeal to families requiring more expansive indoor living areas.
Positioned to capture sweeping views of the back bay, Morro Rock, and Hollister Peak, this single-level 3-bedroom, 2-bath home offers a rare combination of scenery, accessibility, and coastal lifestyle. Elevated above the street, the home features both interior view windows, including a bay-style living room window and an expansive deck where the setting truly opens up. The elevated design creates a sense of privacy while still being centrally located, with mature landscaping that softens the surroundings and provides a tucked-away feel. A circular driveway allows for easy in-and-out access. The lift to the main deck and entry adds an extra layer of accessibility for loading the likes of groceries, strollers and wheelchairs when needed. Inside, the home is warm and inviting, with new carpet in the living room and a bay-style window that frames the view. The well laid out kitchen features well-maintained wood cabinetry that has just been refreshed, along with wood trim accents throughout the home that add warmth. The south facing window above the sink adds brightness to the kitchen which opens up to the adjacent dining area. You will find a convenient counter for eating on the run or conversing with the chef. The 3-bedroom layout offers flexibility, whether you need space for everyday living, family visiting, or a home office/hobby room. The deck extends your living space outdoors, creating a natural place to gather, relax, breathe and take in the coastal scenery. Designed with functionality in mind, the property includes a circular driveway for ease of access along Santa Ysabel Ave. The location is ideal for enjoying Los Osos’ natural beauty and community feel. The home is within walking distance to Baywood Elementary School, with a short drive or bike ride to Los Osos Middle School and only a block away from the Elfin Forest. Less than a mile away, Baywood Park offers local favorites like Beerwood, High Street Deli, Nautical Bean, Mirazur, Baywood Inn, the Back Bay Inn and Sweet Springs Nature Preserve.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,208 | 1,489.077 |
| Lot Size | 4,704 | 6,263.462 |
| Price | $950.0K | $900.8K |
| Price per sq ft | $786 | $664 |
| Built year | 1985 | 1975 |
| HOA | $0 | $0 |
| Days on market | 173 | 40 |
Mar 20, 2026
$950,000
Initial Listing