
Los Osos, California 93402
Analysis of 471 Mitchell, Los Osos, California 93402 is currently available with a list price of $1,375,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
While originally built in 1950, the interior has undergone a high-end, modern renovation likely within the last 5 years. The kitchen features premium Bosch appliances, contemporary cabinetry, and designer stone surfaces. The living areas show mint-condition hardwood floors, updated windows, and a modern fireplace insert, qualifying it as a recent renovation in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 1019.
The expansive 1.1-acre property is uniquely comprised of 12 distinct lot numbers, offering an unparalleled opportunity for future subdivision, development, or the creation of a massive private estate.
With over an acre of usable land and immediate proximity to scenic coastal trails for beach rides, this property is a rare find for equestrian enthusiasts seeking a coastal retreat.
The existing home is modest at just 1,019 square feet with only one bathroom, which may require a substantial additional investment in expansion to accommodate larger families or modern luxury expectations.
At a list price of $1.375 million, the property commands a premium price that reflects the land's potential rather than the current utility of the small 1950s-built structure.
Escape to tranquility in this enchanting couples retreat, nestled on a sprawling 1.1-acre property in the serene coastal town of Los Osos, CA. This charming 2-bedroom, 1-bathroom home offers an idyllic lifestyle surrounded by nature’s beauty, while providing modern conveniences and ample space for your equestrian dreams. This hidden gem offers a rare combination of ample space and future potential. Spanning 1.1 acres, this captivating property is composed of 12 distinct lot numbers, presenting an unrivaled opportunity for both immediate enjoyment and visionary development. Imagine crafting your own expansive estate or exploring the possibility of future projects—each option as enticing as the next. Step inside the existing home and be greeted by a cozy living area that radiates warmth and comfort, perfect for unwinding after a day of adventure. The updated kitchen features modern appliances and stylish finishes, making meal preparation an enjoyable experience. Beyond the inviting interiors lies an oversized garage — ideal for those seeking a creative workspace or simply extra storage. The expansive grounds offer plenty of room to accommodate horses, while also being just moments away from picturesque trails leading to breathtaking beach rides along the Pacific coastline. Outside, enjoy peaceful afternoons under the California sun or gather around a cozy evening fire as stars blanket the sky above this dramatic landscape. Just minutes from local amenities and charming eateries in downtown Los Osos yet worlds away from city noise — discover your perfect escape today at this captivating address!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,019 | 1,607 |
| Lot Size | 47,916 | 6,275 |
| Price | $1.38M | $941.1K |
| Price per sq ft | $1.3K | $633 |
| Built year | 1950 | 1974 |
| HOA | $0 | $0 |
| Days on market | 19 | 39 |
Jul 3, 2026
$1,375,000
Initial Listing
Jun 25, 2014
$490,000
Public Record