1850 Doris Ave, Los Osos, California 93402, Los Osos, 93402 - 3 bed, 2 bath
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Los Osos, California 93402
This Hybrid Coastal Property represents a Strong Value Opportunity, listed at $1,200,000—positioned above the $1,092,291 Fair Market Value. While priced at a premium, the asset offers significant long-term upside through its 8,000 sq ft lot and unobstructed Morro Rock views. With a Condition Rating of 4, the home is well-maintained but invites cosmetic modernization. The separate, utility-ready parcel provides exceptional potential for an ADU or expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier coastal retreat with development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 Doris Ave Subject | $1,200,000* List Price | 3 | 2 | 1,465 | $746 | - |
A 319 Mar Vista Sold | $1,065,000 | 3 | 3 | 1,715 | $621 | 0.6 mi |
B 2331 Glenn Sold | $1,137,000 | 4 | 3 | 1,896 | $600 | 0.7 mi |
C 2249 E Inyo Sold | $1,200,000 | 3 | 2 | 2,016 | $595 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is well-maintained with significant recent system updates including a 2017 roof, 2019 water heater, and new double-pane windows. However, the interior remains dated with original oak cabinetry, tile countertops in the kitchen and baths, and older carpeting, fitting the criteria for a home over 20 years old needing cosmetic 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 = 1465.
The property boasts unobstructed, breathtaking views of Morro Rock and the Pacific Ocean with direct water access, offering a rare and premium coastal lifestyle.
Situated on an 8,000 sq ft lot, the property includes a separate open area with water and power already connected, providing an exceptional opportunity for an ADU, guest house, or expansion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8000, other record lot size in square feet = 7926.
The description of the home as a 'canvas to bring your own personal style' suggests that the 1986 interior may require cosmetic updates to meet modern luxury expectations.
At a $1.2M listing price for 1,465 square feet, the property carries a high price per square foot, reflecting the value of the land and views rather than the size of the existing structure.
Set along the stunning coastline of Los Osos, this rare, breathtaking opportunity offers the perfect blend of amazing scenery, pride of ownership, and future potential. From the comfort of your incredible porch, take in unobstructed views of Morro Rock as the sun sets over the Pacific, creating a truly unforgettable backdrop you can enjoy every evening. With direct access to the water just steps from your property, this home embraces the very best of Central Coast living. Meticulously cared for over the years, the residence features newer appliances, all new double-pane windows, the roof replaced in 2017, a new water heater installed in 2019, recent fumigation, dry rot remediation completed in 2023, and fresh exterior paint, offering peace of mind for years to come. Situated on an expansive 8,000± sq ft lot, the property presents a unique and highly valuable advantage in this sought-after coastal community: approximately half of the parcel remains a separate open area with water and power already connected, creating an exceptional opportunity for future development, a guest house, income-producing unit, multigenerational living, or the chance to expand your coastal retreat. Buildable lots this close to the water in Los Osos are increasingly rare, making this an outstanding investment with endless long-term possibilities. The existing home also offers the perfect canvas to bring your own personal style and vision to life while enjoying one of the Central Coast’s most serene and picturesque settings!
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 | 1,465 | 1,705 | 42% |
| Lot Size | 8,000 | 6,250 | 78% |
| Price | $1.20M | $950.0K | 78% |
| Price per sq ft | $819 | $600 | 91% |
| Built year | 1986 | 1979 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 158 | 4% |
May 11, 2026
$1,200,000
Initial Listing