
Los Osos, California 93402
Analysis of 85 Costa Azul, Los Osos, California 93402 is currently available with a list price of $2,790,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property, built in 1972, is well-maintained but retains a largely dated aesthetic consistent with the 'Fair' category. While the living areas feature some newer flooring and fresh paint, the kitchen and bathrooms show significant signs of age, including 1970s-style tile countertops with wood trim, older white appliances, and dated light fixtures. The listing description's mention of the home being 'ripe with possibility' and 'easy to reimagine' further supports that while functional, the interior components have not undergone a comprehensive modern renovation in recent decades.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 79279, living area = 3465.
The property is a turnkey equestrian sanctuary featuring six pipe stalls, automatic waterers, and direct fenceline access to the extensive trail systems of Montaña de Oro State Park.
Boasting a hillside vantage point, the ranch offers rare 270-degree views of the Pacific Ocean, Morro Rock, and the back bay, surrounded by protected open space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =79279, other record lot size in square feet = 20068.
Constructed in 1972 and described as 'rustic,' the interior likely requires cosmetic updates and modernization to align with the premium listing price.
The 1.82-acre equestrian setup and hillside terrain demand significant ongoing maintenance and specialized care compared to standard residential properties.
Costa Azul Ranch – An Equestrian Sanctuary by the Sea Perched high above the shimmering coastline beside Montaña de Oro State Park, Costa Azul Ranch is a rare coastal haven where horses and riders thrive amid breathtaking natural beauty. Set on a spacious 1.82 acres, this idyllic ranchette offers ample room for a fully equipped equestrian setup—including six pipe stalls with automatic waterers, a dedicated turnout area, pasture space, tack storage, and plentiful parking for trailers, guests, and gear. Every detail supports a seamless riding lifestyle. From your own fenceline, ride straight onto endless miles of world-class trails that wind through preserved parkland, rolling hills, golden dunes, and spectacular coastal bluffs. Venture down to deserted sandy beaches for unforgettable seaside rides, or explore the quiet backcountry paths that make Montaña de Oro one of California’s premier equestrian destinations. From its hillside vantage, the property captures sweeping 270-degree views of the Pacific Ocean, Morro Rock, and the back bay—panoramas framed by hundreds of acres of protected open space. Wildlife is a constant companion here, from soaring raptors and migrating whales to coyotes traversing the hillsides, creating a rare sense of connection to the land. Golden light bathes the ranch each day, followed by sunsets that paint the horizon with dramatic color—no two ever alike. The home itself is rustic yet spacious, designed for versatility and privacy. Two lower-level guest suites with separate entrances make the layout ideal for multi-generational living, shared ownership, or hosting visiting riders. Inside, vaulted ceilings and expansive windows fill the home with natural light and ever-changing coastal scenery. Custom details abound, including stone countertops embedded with quartz, hand-painted ceramic knobs, and cabinetry crafted by a master boat builder. Enjoy a glass-walled soaking tub with ocean views, a large workshop perfect for creative projects, owned solar, and the added security of two onsite fire hydrants. With strong bones and timeless character, the home is easy to reimagine and ripe with possibility. For riders seeking the perfect blend of coastal beauty, equestrian utility, small-town character, and boundless outdoor adventure, Costa Azul Ranch stands alone. Costa Azul Ranch — Where ocean air meets open range.
No exterior & parking available.
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 | 3,465 | 1,764.5 | 96% |
| Lot Size | 79,279.203 | 6,250 | 96% |
| Price | $2.79M | $950.0K | 96% |
| Price per sq ft | $805 | $590 | 91% |
| Built year | 1972 | 1978 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 183 | 70% |
Sep 30, 2025
$2,790,000
Initial Listing