611 Los Osos Valley, Los Osos, California 93402, Los Osos, 93402 - 5 bed, 3 bath
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Los Osos, California 93402
This property presents a High-Potential Investment Opportunity with a List Price of $1,540,000—positioned well above the $1,343,440 Fair Market Value by -14%. Featuring a unique Frank Lloyd Wright-inspired design and 5 bedrooms, the home requires significant updates to address its Condition Rating of 5. While the location offers Back Bay and Water views near Monarch Grove Elementary, the current pricing reflects a premium over market data. This is an ideal project for Value-Add Investors or Renovation-Focused Homeowners seeking a coastal architectural asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 Los Osos Valley Subject | $1,540,000* List Price | 5 | 3 | 3,200 | $420 | - |
A 2731 Houston Drive Sold | $1,450,000 | 3 | 3 | 2,900 | $500 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this 64-year-old property exceeds the 30-year threshold for poor condition without evidence of a major renovation. While ceramic tile flooring has been added, the lack of updates to the kitchen and bathrooms, combined with a weathered exterior and unkempt landscaping, indicates the home likely requires a full rehab and system updates.
The property features a distinctive Frank Lloyd Wright-inspired design with signature wood beam ceilings, offering a unique and sophisticated aesthetic that appeals to design enthusiasts.
Ideally situated near Montana del Oro and Sweet Springs Nature Preserve, the home offers stunning views of Morro Rock and the bay, providing unparalleled access to nature and outdoor recreation.
With a generous 3,200 sqft floor plan featuring 5 bedrooms, the home is perfectly suited for large families and is located just three blocks from the highly-rated Monarch Grove Elementary School.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3200, other record living area = 2134. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property has been on the market for 80 days and has undergone multiple price reductions, which may indicate that the initial pricing was not aligned with current buyer demand.
Built in 1960, the home may require significant updates to its original systems or cosmetic finishes to meet the expectations of modern luxury buyers at this price point.
Located near famous Montana del Oro almost at the end of Los Osos Valley Rd. Offers some views of Morro Rock and Morro Bay. Walking distance to the bay and beautiful Sweet Springs nature preserve and bird sanctuary. Walk up Broaderson Street to the top of the peak. Frank Loyd Wright design architectural style home. Only three blocks walk to Monarch Grove Elementary School. 2 miles to Los Osos Middle School. Then Morro Bay HS. Wood Beam ceilings. Easy to clean ceramic tile flooring.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,200 | 1,607 |
| Lot Size | 10,300 | 6,275 |
| Price | $1.54M | $941.1K |
| Price per sq ft | $481 | $633 |
| Built year | 1960 | 1974 |
| HOA | $0 | $0 |
| Days on market | 96 | 39 |
Jul 5, 2026
$1,540,000
$1,545,000
+0% Price Increase
Initial Listing
Jun 11, 2026
$1,545,000
$1,645,000
-6% Price Drop
Initial Listing
May 1, 2026
$1,645,000
$1,650,000
+0% Price Increase
Initial Listing
Apr 17, 2026
$1,650,000
Initial Listing
Feb 24, 2015
$378,000
Public Record