
Los Osos, California 93402
This Single Family Residence represents a Strong Value Opportunity, listed at $819,000—positioned well below the $824,805 Fair Market Value by 0.7%. With a Condition Rating of 4, the home offers a solid foundation for cosmetic updates to build long-term value. The 10,530 sqft lot provides exceptional potential for an ADU or expansion. Located near top-rated schools like Monarch Grove Elementary, this property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or first-time buyers looking to enter the Los Osos market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 630 Manzanita Subject | $819,000* List Price | 2 | 2 | 1,240 | $665 | - |
A 749 Woodland Sold | $723,000 | 3 | 2 | 1,170 | $618 | 0.2 mi |
B 701 Woodland Drive Sold | $875,000 | 3 | 2 | 1,651 | $530 | 0.1 mi |
C 2304 Bayview Heights Dr. Sold | $757,500 | 3 | 2 | 1,323 | $573 | 0.5 mi |
D 1766 Fearn Sold | $900,000 | 3 | 2 | 1,706 | $528 | 0.6 mi |
E 671 Mar Vista Pending | $685,000 List Price | 3 | 2 | 1,344 | $510 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this 53-year-old home is well-maintained but shows clear signs of age. While the kitchen has stainless appliances and updated countertops, the cabinetry and backsplash are dated. The interior features popcorn ceilings and older carpeting, and the bathrooms reflect renovations likely performed 15-30 years ago, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10530, living area = 1240.
The oversized quarter-acre lot (10,530 sqft) provides exceptional outdoor space and significant potential for future expansion, an ADU, or professional landscaping, which is a rare find in this coastal area.
Perfectly situated near the Morro Bay estuary and Montaña de Oro State Park, this property offers immediate access to world-class hiking, paddling, and the relaxed Central Coast lifestyle.
With only two bedrooms, the home may lack the versatility required for growing families or buyers needing both a dedicated home office and a guest room.
At 1,240 square feet, the interior footprint is relatively modest for the price point, which may feel restrictive for buyers accustomed to larger ranch-style residences.
Just minutes from the back bay, this single-story ranch home offers 2 bedrooms, 1.5 bathrooms, and 1,240 square feet of living space on a huge quarter acre lot. Curb appeal starts with a drought-tolerant front yard of ornamental grasses, native shrubs, and gravel beds for low maintenance that's right at home in this coastal climate. A brick-accented entry and attached two-car garage complete the front of the home. Inside, a vaulted ceiling with an exposed wood beam gives the living room a sense of openness and warmth. Sliding glass doors bring in natural light and lead directly out to the expansive backyard, ready for reimagining as an entertaining space, garden, or play area. The efficient kitchen makes every inch count, with warm wood cabinetry, a gas range, built-in oven, and stainless-steel appliances. A sunny window over the sink adds natural light and a lovely hillside view. The adjacent dining area flows easily into the kitchen and out to the front entry, making living simple and connected. A dedicated laundry room and a convenient half bath round out this central part of the home. Two generously sized bedrooms offers plenty of space for comfort as well as for an office, guests, or hobbies. The full bathroom includes a soaking tub and separate shower. The screened porch off the back of the home adds even more usable area for enjoying the mild weather. The location is hard to beat. Los Osos sits along the edge of the Morro Bay estuary, with easy access to Montaña de Oro State Park and a short drive to Morro Rock. Whether it's a walk along the bluffs, a paddle on the estuary, or a coffee on the bay, this is Central Coast living at a comfortable pace.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,240 | 1,489.077 |
| Lot Size | 10,530 | 6,263.462 |
| Price | $819.0K | $900.8K |
| Price per sq ft | $660 | $664 |
| Built year | 1971 | 1975 |
| HOA | $0 | $0 |
| Days on market | 16 | 40 |
Aug 24, 2026
$819,000
Initial Listing
Jul 26, 2002
$330,000
Public Record
Dec 27, 1996
$150,000
Public Record