1766 Fearn, Los Osos, California 93402, Los Osos, 93402 - 3 bed, 2 bath
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Los Osos, California 93402
This Flexible Multi-Generational Coastal Residence is listed at $949,000, representing a stable acquisition at its $947,949 Fair Market Value. Boasting a Condition Rating of 4, the home is functional yet offers significant forced appreciation potential through cosmetic updates. The property is distinguished by a rare 8,000 sqft double lot, gated RV and boat parking, and a versatile layout featuring two kitchens and peek views of Morro Rock. Located in the San Luis Coastal Unified district, it balances coastal lifestyle with high utility. This is an ideal opportunity for Multi-Generational Families or Owner-Occupants seeking house-hacking potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1766 Fearn Subject | $949,000* List Price | 3 | 2 | 1,706 | $556 | - |
A 2304 Bayview Heights Dr. Sold | $757,500 | 3 | 2 | 1,323 | $573 | 1.0 mi |
B 1847 8th Sold | $800,000 | 3 | 2 | 1,395 | $573 | 0.7 mi |
C 749 Woodland Sold | $723,000 | 3 | 2 | 1,170 | $618 | 0.7 mi |
D 449 Mar Vista Drive Sold | $950,000 | 3 | 2 | 1,673 | $568 | 0.7 mi |
E 1558 8th Sold | $875,000 | 3 | 2 | 1,858 | $471 | 0.7 mi |
F 1701 8th Street Sold | $1,035,000 | 3 | 3 | 1,939 | $534 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is functional but dated. While the lower level features a recently remodeled bathroom and updated flooring, the main upper-level kitchen and living areas retain original oak cabinetry, blue tile countertops, and older carpeting. The property requires cosmetic modernization and likely system updates to meet current standards, aligning with the 'Fair' criteria for homes over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1706.
The property features a highly flexible floor plan with separate kitchens and living areas on both levels, making it ideal for extended family, guests, or potential rental opportunities.
Situated on a rare 8,000 sqft double lot, this property provides significant outdoor space and gated RV/boat parking, a premium feature for the Cuesta by the Sea neighborhood.
The property is positioned as an opportunity for buyers to 'bring their vision,' suggesting that original 1986 finishes may require additional investment to meet modern aesthetic standards.
While the home offers water and landmark views, they are characterized as 'peek' or 'glimpses' rather than unobstructed panoramic vistas, which may be a drawback for some coastal buyers.
Welcome to 1766 Fearn Avenue, ideally located in the highly sought-after Cuesta by the Sea neighborhood of Los Osos. This rare opportunity offers exceptional versatility featuring a flexible multi-generational living on a spacious double lot of approximately 8,000 sqft —a standout combination in this desirable coastal community. With gated RV and boat parking, there is plenty of space for all your Central Coast lifestyle needs. The upper level includes one bedroom, a full bathroom, kitchen, living room, and family room with a cozy fireplace. Step out onto the spacious back deck and enjoy peek-a-boo views of iconic Morro Rock, perfect for relaxing or entertaining, while the living room window captures a glimpse of the bay. The lower level offers a private and flexible living space with two bedrooms, its own kitchen and living area, along with a beautifully remodeled bathroom featuring a walk-in shower. This setup is ideal for extended family, guests, or multi-generational living. With its adaptable floor plan, rare lot size, and prime coastal location, this property presents an incredible opportunity for a buyer to bring their vision and make it their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,706 | 1,733 | 48% |
| Lot Size | 8,000 | 6,250 | 77% |
| Price | $949.0K | $949.5K | 50% |
| Price per sq ft | $556 | $584 | 39% |
| Built year | 1986 | 1979 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 182 | 2% |
Apr 17, 2026
$949,000
Initial Listing