
Los Osos, California 93402
This Single Family Residence is a High-Potential Investment Opportunity, listed at $785,000—positioned well above the $705,377 Fair Market Value by -11%. While the property commands a premium, it offers a Turnkey Condition with a Condition Rating of 4, featuring a versatile newly installed sunroom and modern upgrades like a Moen Flo smart water system. Located in the desirable San Luis Coastal Unified district, this home provides immediate access to coastal recreation. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Mitchell Drive Subject | $765,000* List Price | 2 | 1 | 888 | $798 | - |
A 1540 7th Sold | $794,600 | 2 | 2 | 899 | $884 | 0.6 mi |
B 1635 12th Sold | $850,000 | 3 | 2 | 1,064 | $799 | 0.8 mi |
C 409 Manzanita Drive Sold | $769,000 | 3 | 2 | 1,056 | $728 | 0.6 mi |
D 1421 13th Sold | $684,000 | 2 | 2 | 700 | $977 | 1.0 mi |
E 589 Mar Vista Active Under Contract | $815,000 List Price | 3 | 2 | 1,075 | $758 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is well-maintained and 'move-in ready' with recent updates like a new sunroom, vinyl windows, and modern appliances, the core kitchen and bathroom elements (cabinets and fixtures) appear to be original or dated (30+ years). The 1963 structure retains older interior finishes like popcorn ceilings and original wood closet doors, necessitating cosmetic updates to meet modern standards.
Situated in the desirable Cuesta by the Sea neighborhood, the property offers unparalleled access to outdoor recreation including kayaking at Back Bay, hiking in Montaña de Oro State Park, and the local amenities of Baywood Park.
The newly installed sunroom provides valuable flexible square footage, serving as an ideal home office, yoga studio, or creative space that maximizes the home's functional footprint.
The residence is move-in ready with modern updates including vinyl windows, a Moen Flo smart water system, and a full appliance package, significantly reducing immediate post-purchase capital expenditures.
The property was recently sold within the past year on 2025-05-19. The sold price is $747,000.00.
With only 888 square feet of living space and a single bathroom, the home's compact scale may limit its appeal to larger families or buyers requiring more privacy and storage.
At a list price of $785,000, the property commands a premium price relative to its size, which may challenge the value perception for buyers comparing it to larger regional alternatives.
Move-in ready coastal residence with inviting living spaces and exceptional access to outdoor recreation. Ideally situated to embrace the relaxed Central Coast lifestyle, this Los Osos residence enjoys convenient access to kayaking the Back Bay, hiking and mountain biking in Montaña de Oro State Park, peaceful walks through Sweet Springs Nature Preserve, and the local eateries and coffee shops of Baywood Park. Offering nearly 900 square feet of thoughtfully designed living space, plus a newly installed sunroom, the inviting floor plan features two spacious bedrooms and one full bathroom. Designed to provide flexibility for evolving needs, the sunroom offers an ideal setting for a home office, yoga studio, reading lounge, or creative workspace. Filled with abundant natural light, the living room is a welcoming space to unwind after a day exploring the Central Coast, while the adjacent dining area is perfect for gathering around the table with friends. Enjoying a sunny window over the sink, the kitchen is well suited for preparing favorite recipes with fresh produce from the local Farmers’ Market and includes an appliance package featuring an LG refrigerator. Opening directly to the peaceful rear patio and yard, the primary bedroom creates a comfortable connection to the outdoor setting, while the secondary bedroom provides plenty of room for family and guests. Designed for relaxation and entertaining, the rear yard offers a comfortable setting for weekend barbecues or simply enjoying Los Osos’ mild coastal climate. The outdoor space includes apple and pear trees, along with a blackberry bush that enhances the garden setting. Additional highlights include updated vinyl windows throughout, a laundry room with a sink and included LG washer and dryer, a covered carport with a storage closet, an 8’x10’ Tuff Shed, and a Moen Flo smart water shutoff system.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 888 | 1,705 | 9% |
| Lot Size | 4,000 | 6,250 | 9% |
| Price | $765.0K | $950.0K | 17% |
| Price per sq ft | $861 | $599 | 91% |
| Built year | 1963 | 1976 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 149 | 9% |
Jun 1, 2026
$765,000
$785,000
-3% Price Drop
Initial Listing
May 13, 2026
$785,000
Initial Listing
May 19, 2025
$747,000
Public Record
Mar 15, 2024
$680,000
Public Record
Feb 16, 2000
$180,000
Public Record