
Los Osos, California 93402
Analysis of 1785 Martingale Ave. Avenue, Los Osos, California 93402 is currently available with a list price of $2,895,000. 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, this property falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready and exceptionally well-maintained, featuring high-end materials such as mahogany doors, hardwood and concrete flooring, and granite countertops. While the kitchen and primary bathrooms reflect the high-quality Craftsman style of the mid-2000s rather than a brand-new renovation, the guest apartment has been recently updated, and the overall condition of the major systems and finishes shows minimal wear.
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 one-acre grounds feature professional landscaping by award-winning architect Jeffrey Gordon Smith, including a Japanese Tea House, a unique stone river, and mature California Oaks, creating a world-class private retreat.
The property includes a fully separate, recently updated guest apartment with its own entrance, kitchen, and bath, making it an ideal setup for multi-generational living or a high-end rental opportunity.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3759, other record living area = 3051.
While primarily a one-story layout, the master suite requires navigating three steps, which may be a drawback for buyers specifically seeking a completely level, age-in-place floor plan.
Priced at nearly $2.9 million, the property is positioned at the top tier of the Los Osos market, which may limit the pool of qualified buyers and lead to a longer duration on the market.
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.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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 3,759 | 1,764.5 | 98% |
| Lot Size | 43,560 | 6,250 | 95% |
| Price | $2.90M | $950.0K | 96% |
| Price per sq ft | $770 | $590 | 88% |
| Built year | 2005 | 1979 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 182 | 13% |
Mar 6, 2026
$2,895,000
Initial Listing
May 31, 2012
$650,000
Public Record