
Los Osos, California 93402
Analysis of 1785 Martingale Ave. Avenue, Los Osos, California 93402 is currently available with a list price of $2,799,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Osos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2005, the property is approximately 19 years old, placing it squarely in the 'Good' category. The main house features a well-maintained 'Chef's kitchen' and bathrooms that appear functional and move-in ready, though the oak cabinetry reflects the original 2005 construction style. The guest apartment has been recently updated, and the overall condition of the systems, high-end finishes (mahogany doors, granite), and award-winning landscaping indicate a home that has been meticulously cared for without needing immediate major repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 3759.
The property features a spacious main residence plus a separate, recently updated guest apartment, offering excellent potential for rental income or a private family compound.
Situated on a gated one-acre lot, the grounds were designed by Jeffrey Gordon Smith and include a Japanese Tea House, stone river, and lush gardens, creating a private sanctuary.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3759, other record living area = 3051.
With a list price near $2.9 million, the property sits at the high end of the local market, which may limit the pool of qualified buyers compared to more standard area listings.
Despite the large lot and five total bedrooms, the home only offers a two-car garage, which may be insufficient for luxury buyers with multiple vehicles or extensive storage needs.
Central California Coastal living at it''s best! This spacious 4 bedroom main house plus a full, separate guest apartment provides potential income. The updated home is in the beautiful Los Osos Acre Estates neighborhood just on the outskirts of Los Osos. The town of Los Osos is just a 10 minute drive from San Luis Obispo towards the beautiful Central Coast. This unique & private gated, one acre retreat offers lush, professionally landscaped grounds by award winning landscape architect, Jeffrey Gordon Smith. The lush grounds include several fountain features, a unique "stone river" with large stepping stones connecting a wrap around deck and a Japanese Tea House, several fruit trees, beautiful California Oaks, flower & succulent gardens, dramatic lighting, walking paths and an expansive open area for play. Minutes away from the beach, bay, Montana de Oro State Park, golf, Morro Rock, award winning wineries, shops & restaurants. This spacious one story Modern Craftsman style home feels warm & inviting with the use of exposed beams, extensive use of woodwork, natural lighting, window seats & nature inspired colors and natural materials.The main house features many high end amenities & unique features which sets this home apart. Highlights include expansive windows, custom-built ins, hardwood & concrete floors, mahogany doors, soaring ceilings, recessed lighting and many upgrades.This stylish home with a bright, open floor plan offers 4 bedrooms, 3 1/2 baths, exercise room off master suite & a full laundry room with sink & storage. The Chef's kitchen features granite counters, stainless steel appliances, gas range, breakfast bar, garden window and a walk in pantry. Entertain in the spacious dining area with a custom built-in buffet. Perfect property for a family compound! The separate guest apartment has been recently updated with a private entrance, spacious living area, remodeled kitchen & bath with walk-in shower. The finished, 2 car garage has custom cabinets & storage. Additional features of the property include a fully fenced yard, large storage shed and room for boat or RV parking. Enjoy the renowned Central Coast wineries, hiking & biking trails, parks, beach & golf courses. See Seller List of Upgrades.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,759 | 1,607 |
| Lot Size | 43,560 | 6,275 |
| Price | $2.80M | $941.1K |
| Price per sq ft | $745 | $633 |
| Built year | 2005 | 1974 |
| HOA | $0 | $0 |
| Days on market | 138 | 39 |
Jul 4, 2026
$2,799,000
$2,895,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$2,895,000
Initial Listing
May 31, 2012
$650,000
Public Record