
Los Osos, California 93402
This Single Family Residence represents a Strong Value Opportunity, listed at $1,079,000—positioned above the $992,887 Fair Market Value. While the property requires cosmetic modernization, its Condition Rating of 4 reflects a well-maintained, functional home. The split-level design, high wood-beamed ceilings, and an extraordinary edible garden provide significant lifestyle appeal near the Back Bay. This property is an ideal acquisition for Owner-Occupants seeking a coastal project or Value-Add Investors looking to capitalize on the prime Baywood Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1689 5th Subject 3 bd · 3 ba · 1,920 sqft · $517 | $1,079,000* List Price | 3 | 3 | 1,920 | $517 | - |
A 1752 5th Sold 3 bd · 2 ba · 1,755 sqft · $655 · 0.1 mi | $1,150,000 | 3 | 2 | 1,755 | $655 | 0.1 mi |
B 1792 7th Street Sold 4 bd · 2 ba · 2,134 sqft · $487 · 0.2 mi | $1,040,000 | 4 | 2 | 2,134 | $487 | 0.2 mi |
C 1791 15th Sold 3 bd · 2 ba · 1,544 sqft · $567 · 0.6 mi | $875,000 | 3 | 2 | 1,544 | $567 | 0.6 mi |
D 1223 7th Sold 3 bd · 3 ba · 1,524 sqft · $623 · 0.6 mi | $950,000 | 3 | 3 | 1,524 | $623 | 0.6 mi |
E 1140 12th Street Sold 3 bd · 3 ba · 1,810 sqft · $533 · 0.8 mi | $965,000 | 3 | 3 | 1,810 | $533 | 0.8 mi |
F 1847 8th Sold 3 bd · 2 ba · 1,395 sqft · $573 · 0.3 mi | $800,000 | 3 | 2 | 1,395 | $573 | 0.3 mi |
G 1766 Fearn Sold 3 bd · 2 ba · 1,706 sqft · $528 · 0.5 mi | $900,000 | 3 | 2 | 1,706 | $528 | 0.5 mi |
H 1332 15th Sold 3 bd · 2 ba · 1,180 sqft · $644 · 0.8 mi | $760,000 | 3 | 2 | 1,180 | $644 | 0.8 mi |
I 1687 9th Active Under Contract 3 bd · 2 ba · 1,543 sqft · $517 · 0.2 mi | $798,000 List Price | 3 | 2 | 1,543 | $517 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is clean and well-maintained but distinctly dated. The kitchen features older style cabinetry, countertops, and white appliances, while the living spaces show older finishes like green carpeting in the loft and a fluorescent light box in the kitchen. It is functional and move-in ready but requires cosmetic updates and modernization.
Situated just one block from the bay and Sweet Springs Preserve, this property offers exceptional walkability to waterfront dining, nature trails, and the popular Baywood Park farmers market.
The home features high tongue-and-groove wood-beamed ceilings and a thoughtful split-level design that maximizes natural light and creates an airy, inviting coastal atmosphere.
A rare and highly cultivated outdoor retreat featuring a greenhouse, raised beds, and a mature collection of fruit trees and berries, providing significant value for sustainable living enthusiasts.
Built in 1977, the home features older design elements such as butter-yellow cabinetry that may require cosmetic updates to appeal to buyers seeking a modern luxury finish.
Despite its proximity to the bay, the views are described as 'peek-a-boo' and filtered through mature trees, which may not satisfy buyers looking for unobstructed panoramic water vistas.
Light-filled Baywood Park living awaits at 1689 5th Street, just one block from the bay and east of Sweet Springs Preserve. This inviting 3-bedroom, 2.5-bath home offers a thoughtful split-level design, warm architectural character, and abundant natural light throughout. The main living level is centered around the kitchen, dining, and living areas, where high tongue-and-groove wood-beamed ceilings create an open, welcoming feel. A wall of west-facing windows draws in afternoon light and coastal breezes, while offering filtered glimpses toward the bay through mature trees. The kitchen is both cheerful and practical, with soft butter-yellow cabinetry, generous cupboard space, pull-out lower shelving, and a walk-in pantry. The primary bedroom includes a loft and picture window framing a view of Morro Rock. Downstairs, two bedrooms look out to the backyard, including one with a sliding glass door. A separate laundry room provides backyard access, and you will find plentiful closets for all of your needs. The spacious attached two-car garage includes a pedestrian side door. Outside, an extraordinary, established edible garden is a rare bonus for those who appreciate it. Raised beds, a greenhouse, and a remarkable collection of fruit trees, berries, vines, and citrus create a deeply cultivated outdoor retreat. Ideally located in Baywood Park near Sweet Springs Nature Preserve, the Back Bay, waterfront dining, neighborhood shops, inns, and the beloved Monday Farmers Market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,920 | 1,493.5 |
| Lot Size | 6,250 | 6,331.944 |
| Price | $1.08M | $925.8K |
| Price per sq ft | $562 | $645 |
| Built year | 1977 | 1976 |
| HOA | $0 | $0 |
| Days on market | 31 | 43 |
Sep 23, 2026
$1,079,000
Initial Listing
Oct 23, 1996
$220,000
Public Record