
Los Osos, California 93402
This Mediterranean-inspired coastal estate represents a Strong Value Opportunity, listed at $2,650,000—positioned slightly above the $2,635,873 Fair Market Value. While priced at market, the property offers significant upside through its Fair Condition Rating and unfinished plumbing, allowing for personalized modernization. Featuring panoramic ocean views, a custom in-ground pool, and a private elevator, this legacy home provides a rare lifestyle experience. Located within the Lucia Mar Unified School District, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Madera Subject | $2,650,000* List Price | 5 | 4 | 3,800 | $694 | - |
A 295 Mar Vista Drive Sold | $2,400,000 | 4 | 4 | 3,597 | $667 | 0.4 mi |
B 2743 Rodman Drive Active | $3,175,000 List Price | 4 | 5 | 5,290 | $600 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is 25 years old and appears to retain its original Mediterranean-style finishes. While the home is exceptionally well-maintained and features high-quality materials like hardwood and marble, the age of the systems and the dated aesthetic of the cabinetry and tile work place it in the 'Fair' category (>20y). Additionally, the listing mentions unfinished plumbing for future en suite bathrooms, indicating some areas are not yet fully modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20500, living area = 3800.
Situated in the prestigious Cabrillo Estates, the property offers commanding views of Morro Rock, the Pacific Ocean, and Montana de Oro dunes from nearly every room.
This Mediterranean estate features a private interior elevator, a custom in-ground pool, and the unique distinction of being featured in a major motion picture.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3800, other record living area = 3494. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The multi-level architectural design may feel less cohesive to buyers seeking a modern open-concept flow, despite the convenience of the elevator.
The mention of plumbing in place for 'future' bathrooms and laundry suggests that the property may require additional construction and investment to reach its full functional potential.
Positioned at the end of a private cul-de-sac within the prestigious Cabrillo Estates enclave of Los Osos, this extraordinary Mediterranean-inspired coastal estate offers commanding panoramic views stretching across the Pacific Ocean, iconic Morro Rock, the Baywood waterfront, Montana de Oro dunes, and the surrounding coastal mountain ranges. Designed to capture the essence of refined Central Coast living, the residence blends timeless architecture with exceptional scale and versatility. Spanning multiple levels, the home features 5 potential bedrooms, 4 beautifully appointed bathrooms, a private executive office, and additional plumbing already installed for the future creation of en suite bathrooms. Walls of windows and thoughtfully positioned living spaces frame breathtaking vistas from nearly every room, creating a seamless connection to the surrounding natural beauty. The upper-level primary suite serves as a private retreat, complete with an expansive walk-in closet, oversized bath, and plumbing in place for a future private laundry area. Curated for both sophisticated entertaining and everyday comfort, the expansive backyard offers a tranquil setting featuring a custom in-ground pool, ideal for relaxing, entertaining, and enjoying unforgettable sunsets over the coastline and rolling hills beyond. Adding to its exclusivity and character, this remarkable estate was also featured in a major motion picture film, further showcasing the home’s iconic setting and unforgettable coastal backdrop. Additional amenities include a private interior elevator and oversized two-car garage, effortlessly combining luxury with convenience. Offered exclusively for the first time ever, this rare legacy property presents an exceptional opportunity to own one of Cabrillo Estates’ most captivating view residences along California’s coveted Central Coast.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 5.2 mi
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 | 3,800 | 1,706 | 98% |
| Lot Size | 20,500 | 6,250 | 91% |
| Price | $2.65M | $950.0K | 96% |
| Price per sq ft | $697 | $599 | 72% |
| Built year | 1999 | 1977 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 149 | 6% |
May 23, 2026
$2,650,000
Initial Listing