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85 Costa Azul, Los Osos
$2,790,000
5 Beds ⋅ 4 Baths ⋅ SC26218502 MLS ⋅ Active Status
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.

85 Costa Azul, Los Osos

2460 Bayview Heights, Los Osos
$1,595,000
3 Beds ⋅ 3 Baths ⋅ NS26209818 MLS ⋅ Active Status
Welcome to 2460 Bayview Heights, a rare Los Osos retreat where breathtaking views, lovely space, and exceptional value come together. Set on more than 1/2 acre, this home delivers the kind of panoramic coastal setting buyers only dream of. Step into the living room and let the scenery take center stage. Expansive windows open onto a glass-railing patio framing unobstructed and unblockable views of the majestic "Seven Sisters" volcanic peaks, the blue waters of Estero Bay, Morro Rock, and the Pacific Ocean beyond. From sunrise to sunset over the ocean, every hour brings a new masterpiece. The kitchen is a chef's dream, featuring a La Cornue double oven range from Williams-Sonoma. Out front, the outlook is just as remarkable: the rugged hills of Montaña de Oro State Park. Spanning more than 8,000 acres with over 50 miles of trails and about seven miles of dramatic coastline, this treasured park is protected land that will never be developed. Hike to Valencia Peak, bike the backcountry, explore tide pools at Spooner's Cove, or stroll the famous Bluff Trail, all just minutes from your door. Then relax in your private spa and sauna, both with unblockable views of Montaña de Oro. The downstairs walk-out basement is flooded with natural light, creating a bright, inviting space with endless possibilities. Imagine a guest suite, home office, art studio, gym, or media room, with easy access to the outdoors. The fenced rear yard is a sanctuary, nicely landscaped and meticulously manicured. Gather with family and friends for outdoor dining, enjoy a match on the bocce ball court, cozy up around the fire pits on cool coastal evenings, and wander the lighted walking paths as the stars come out, all while soaking in the views. It is an entertainer's delight. Enjoy the relaxed, friendly lifestyle that makes Los Osos and Baywood Park so beloved. The home is conveniently located near shopping, dining, grocery stores, coffee shops, and everyday amenities, plus the charming Baywood waterfront with its pier, kayaking on the back bay, and some of the Central Coast's best birdwatching along the Morro Bay estuary. Morro Bay, San Luis Obispo, and the wineries of the region are an easy drive away. Very well priced for a home with this setting, this is an exceptional opportunity to own views that can never be taken away, next to one of California's most spectacular state parks. Homes like this rarely come on the market. Schedule a private showing today.

2460 Bayview Heights, Los Osos

1301 Los Osos Valley Road, Los Osos
$2,850,000
3 Beds ⋅ 6 Baths ⋅ SC26207304 MLS ⋅ Active Status
PRICE REDUCTION. Discover a rare investment and lifestyle opportunity with this versatile property with multiple income-generating components. Situated in a prime coastal location, this unique offering includes: Charming Single-Family Residence completed in 2022 – A well-appointed home positioned to capture sweeping views of the Pacific, perfect for an on-site owner or rental income. Professional Office Building – A 1000 sq ft, well-designed office space surrounded by lush landscaping, ideal for client-facing businesses or private work environments. Beautiful Demonstration Garden – Thoughtfully planned and meticulously maintained, the garden showcases diverse plantings and offers an inviting, tranquil setting for visitors or events. Functional Corporation Yard – A secure and organized space for equipment, materials, or fleet parking, supporting a wide range of commercial uses, or re-imagined outdoor garden. This property blends coastal living, business functionality, and investment potential into one exceptional package. With its combination of residential comfort, professional workspaces, and well-maintained grounds, it’s ideally suited for an owner-operator, boutique business, or creative redevelopment. As a bonus, there is a fully functional well that feeds the property. An additional pre-purchased an additional19 water allocations for a total of 21 for future development are included as the Los Osos Community Development Plan has been approved. New zoning of this property is approved for mixed use residential with commercial/retail.

1301 Los Osos Valley Road, Los Osos

399 Mitchell, Los Osos
$1,650,000
2 Beds ⋅ 3 Baths ⋅ SC26179614 MLS ⋅ Active Status
Nestled on a quiet peninsula in the highly desirable Cuesta by the Sea neighborhood, 399 Mitchell Drive offers a rare opportunity to experience true bay-front living in Los Osos. This beautifully maintained 2-bedroom, 3-bath residence enjoys an exceptional waterfront setting where panoramic Back Bay views, abundant wildlife, and spectacular sunsets become part of everyday life. Completely remodeled down to the studs in 2023, the home blends timeless coastal style with modern craftsmanship and quality throughout. The extensive renovation included a stunning new kitchen with new cabinetry, quartz countertops, a breakfast bar, generous pantry space, and all-new appliances, along with beautifully redesigned bathrooms featuring contemporary finishes. The exterior was refreshed with new cedar siding in 2023. In 2025, the home received a new roof, along with new trim and fascia that were professionally replaced and painted, providing exceptional curb appeal and peace of mind for years to come. Designed to maximize natural light and the surrounding scenery, the open-concept floor plan features vaulted ceilings, luxury vinyl flooring, and seamless indoor-outdoor living. The spacious living and dining areas frame the spectacular bay views, creating an inviting space for everyday living and entertaining. Step outside onto the expansive low-maintenance hardwood deck that wraps around two sides of the home—an ideal setting for morning coffee, entertaining guests, or simply enjoying the peaceful coastal environment. Launch your kayak or paddleboard directly from your backyard and explore the estuary, where egrets, herons, seals, and otters are frequent visitors. Additional highlights include a finished one-car garage equipped with a Rivian Level 2 EV charger, professionally landscaped grounds with drip irrigation, and a serene cul-de-sac location just minutes from Montana de Oro State Park, Morro Bay, hiking and biking trails, and the shops and restaurants of downtown Los Osos. Whether you're seeking a full-time residence, weekend retreat, or coastal sanctuary, this one-of-a-kind waterfront property offers an extraordinary lifestyle where exceptional craftsmanship, modern updates, and California's Central Coast beauty come together.

399 Mitchell, Los Osos

2545 Bay Vista, Los Osos
$979,000
3 Beds ⋅ 2 Baths ⋅ SC26199864 MLS ⋅ Active Under Contract Status
Welcome to this inviting 3-bedroom, 2-bath single-level home nestled in the desirable Bayview Heights area of Los Osos. Situated on a peaceful cul-de-sac, this property offers a quiet residential setting while being conveniently located near the natural beauty and amenities that make Los Osos such a special place to call home. The thoughtfully laid-out floor plan provides comfortable living spaces with three bedrooms and two bathrooms, offering flexibility for family, guests, a home office, or hobbies. The single-level design adds convenience and ease of living, while the home’s location provides an excellent opportunity to enjoy the relaxed Central Coast lifestyle. An added benefit is that the property is located outside the Los Osos sewer zone, offering an important distinction for buyers considering the property. Whether you’re looking for a full-time residence, a coastal getaway, or an investment opportunity, this Bayview Heights home offers the peace and character of Los Osos living in a quiet cul-de-sac setting.

2545 Bay Vista, Los Osos

1145 Calle Cordoniz, Los Osos
$2,600,000
6 Beds ⋅ 5 Baths ⋅ SC26196404 MLS ⋅ Active Status
Rare Bayview Heights Estate with Panoramic Ocean & Bay Views Rarely does an opportunity like this come along in Los Osos. Nestled among majestic old-growth oak and manzanita trees, this private estate sits on over an acre in the sought-after Bayview Heights area, offering sweeping panoramic views of the Pacific Ocean, Estero Bay, Morro Bay, and the Los Osos Valley. The property features two custom-built homes, providing exceptional flexibility for extended family, guests, multi-generational living, or potential rental opportunities. The main residence offers approximately 2,700+ square feet, with 3 bedrooms, 3 bathrooms, a dedicated office, and an attached two-car garage. The second home offers approximately 1,700+ square feet, with 3 bedrooms, 2 bathrooms, and its own two-car garage. While the homes are ready for updating, this is an extraordinary opportunity to bring your vision and unlock the tremendous potential of this one-of-a-kind property. The expansive acreage, two substantial residences, mature trees, privacy, and spectacular coastal views create a setting that is exceptionally difficult to duplicate. Located in Bayview Heights, this elevated location often sits above the coastal fog, allowing you to enjoy more sunshine while taking in the ever-changing beauty of the Central Coast. Two homes. Over an acre. Panoramic ocean and bay views. Privacy. Potential. This is a rare Los Osos estate waiting for someone to make it truly extraordinary.

1145 Calle Cordoniz, Los Osos

550 Vine, Los Osos
$1,360,000
3 Beds ⋅ 3 Baths ⋅ SC26170897 MLS ⋅ Active Status
This 2,327-square-foot contemporary Los Osos home pairs clean, modern architecture with warm, natural materials and a lush tropical landscape. Three bedrooms and two and a half bathrooms are joined by a dedicated office and a separate family room, giving the open layout with vaulted ceilings room to work, relax, and entertain. Vaulted ceilings and oversized windows throughout create a light, airy feel, with nearly every upper level window capturing views of the bay, dunes, rock, or hills. Custom cherry cabinetry and warm wood ceilings bring texture and warmth throughout, balanced by concrete countertops and stainless steel appliances in the kitchen. A wood-burning fireplace anchors the living room, and the abundance of natural light plays off the home's warm finishes throughout the day. The home features three decks. The upper deck, off the living room, takes in sweeping views of the bay and sandspit dunes — an ideal spot for morning coffee or watching the sunset. The lower deck of Ipe wood, off the primary bedroom, holds a private spa and offers a quieter, more intimate outdoor space. A third deck, off the office, adds an additional outdoor living area with hill views. Tropical landscaping surrounds the property, with lush greenery softening the home's modern lines and adding to its relaxed, coastal feel. The location is one of the best in Cuesta by the Sea, just one block to Sweet Springs Nature Preserve, with its boardwalk trails through eucalyptus groves and views over the estuary, and a short walk to downtown Baywood Park's shops, bakery, and restaurants. A well-designed home in a setting that's hard to match with modern comfort and natural warmth, this home enjoys the best Los Osos has to offer.

550 Vine, Los Osos

230 Butte, Los Osos
$449,000
PI26062594 MLS ⋅ Active Status
Outstanding Bay front lot. Spectacular Morro Rock views and all of Morro Bay skyline. Entrance to Montana de Oro hiking at the end of the street. Sea Pines Golf Resort is nearby. Easy access to local shopping, restaurants, Morro Bay Marina and Waterfront. Large level lot that is raised on a low bluff with wetlands, marsh, abundant bird and marine life. Great opportunity to build quickly - at time of listing the County stated that the property was #55 on the building permit waitlist. Buyer is advised to independently verify development potential. NOTE: ADJACENT LOT IS CURRENTLY FOR SALE AND BOTH LOTS CAN BE PURCHASED TOGETHER. 224 BUTTE DR. County is in favor of one buyer for both lots, and verbally stated they will grandfather the water equivalency to both lots and grandfather the #55 on the wait list to both lots.

230 Butte, Los Osos

2680 Cottontail Lane, Los Osos
$490,000
PI26054670 MLS ⋅ Active Status
Excellent and rare opportunity to build a new home in Los Osos! The property comes with an approved Conditional Minor Use Permit, with only one remaining condition left to satisfy, placing you significantly ahead in the development process. In a community where new construction approvals have been extremely limited in recent years, this parcel represents one of the first opportunities for a newly approved home site in Los Osos in several years. Preliminary house plans have already been started, providing a valuable head start for the next owner. An approved water meter is already installed. This exceptional ½-acre property offers beautiful views of Morro Bay, Morro Rock and the peaks of Los Osos Valley, creating the perfect setting for a future coastal dream home. With its generous lot size, great location, stunning coastal and valley views, and substantial progress toward building approval, this property presents a unique chance to bring a custom home to life on the Central Coast. Don’t miss the opportunity to secure one of the few buildable parcels in Los Osos with approvals already in place.

2680 Cottontail Lane, Los Osos

2796 Crockett Circle, Los Osos
$450,000
SC26037447 MLS ⋅ Active Status
Welcome to Cabrillo Estates, where coastal elegance meets timeless serenity in one of Los Osos’ most prestigious enclaves. This exceptionally rare, parcel presents a coveted opportunity to design and construct a custom residence in a community where available land is increasingly scarce. Elevated above the shoreline, the property captures sweeping panoramic views spanning more than 180 degrees — from Morro Bay and the Pacific horizon to the rolling peaks of the Santa Lucia Mountains. The result is an ever-changing canvas of golden sunrises, coastal light, and unforgettable sunsets. The gently sloping topography offers both architectural flexibility and natural seclusion, allowing for a thoughtfully designed coastal retreat that balances sophistication with tranquility. Whether you envision expansive view decks, walls of glass, or a private outdoor sanctuary, this homesite provides the foundation for something truly extraordinary. Beyond the property, Cabrillo Estates is celebrated for its peaceful atmosphere and proximity to the very best of the Central Coast — pristine beaches, Montana De Oro, kayaking on the bay, scenic hiking and biking trails, and the charm of nearby San Luis Obispo. This is more than vacant land — it is an invitation to create a legacy property in a setting defined by privacy, prestige, and panoramic beauty. Buyers are encouraged to consult with the San Luis Obispo County Department of Planning and Building regarding building requirements and plans. A valid Will Serve Letter from Golden State Water Company and at least 300 Title 19 retrofit credits are included with this purchase.

2796 Crockett Circle, Los Osos

286 San Leandro Court, Los Osos
$749,000
SC26010827 MLS ⋅ Active Status
Build your dream home with sweeping, unobstructed views of Morro Bay, iconic Morro Rock, the Elfin Forest, and the Estero. Tucked away on a quiet cul-de-sac in the highly desirable Cabrillo Estates, this exceptional homesite offers a rare, build-ready opportunity. The lot comes with an approved Minor Use Permit (MUP), cleared through the Coastal Commission, along with the associated HCP and ITP, allowing for construction of a multi-level residence featuring a 3-car garage, five bedrooms (three en-suite), four and a half bathrooms, a private deck off the primary suite, an office, and a rooftop deck—thoughtfully designed to capture breathtaking views from every level. Buyers can work with an architect to select their own interior design details and be ready to build in months rather than the years it often takes to start from scratch. Notably, this MUP took nearly five years to obtain, making this an especially valuable and time-saving opportunity. Just minutes from hiking and equestrian trails and the natural beauty of Montana de Oro State Park, with its secluded beaches and tide pools. A truly rare offering where the permitting groundwork is already complete.

286 San Leandro Court, Los Osos

2813 Alamo Drive, Los Osos
$4,495,000
5 Beds ⋅ 6 Baths ⋅ SC25279315 MLS ⋅ Active Status
Commanding one of the most unrivaled panoramic viewpoints on the Central Coast, this extraordinary Los Osos estate is nothing short of legendary. Perched high in prestigious Cabrillo Estates, the home delivers jaw-dropping, cinematic views spanning Morro Rock, Morro Bay, and Estero to Bishop Peak—visible from nearly every room. A semi-circular driveway and lush, professionally designed landscaping, building anticipation as you arrive at a striking front courtyard. Pillared posts, exquisite concrete detailing, and dramatic lighting create a resort-level gathering space. The foyer opens to the formal living room with soaring cathedral ceilings, a grand fireplace, designer lighting, and architectural step lighting worthy of a design magazine. Natural light pours in from every angle, framing the ocean as living art. French doors connect the living and dining rooms to an exceptional sunroom, while the formal dining room showcases uninterrupted ocean and hillside views. The chef’s kitchen is stunning, featuring beamed ceilings, layered cabinet lighting, large center island with seating, abundant storage, and sleek appliances. An informal living room adds warmth and intimacy with custom built-ins, crown molding, fireplace, and wet bar. The owner’s suite is pure indulgence. Wake to endless ocean views from your private balcony, relax by the fireplace, or enjoy the built-in desk and seating area. The ensuite bath is a true sanctuary, featuring a chandelier, center island with drawers, custom wardrobe, dual vanities, an extra-deep soaking tub, walk-in shower, and two private toilet rooms with pocket doors. Just off the suite is the private office with its own courtyard entrance. The main level also includes a butler’s pantry with refrigerator and laundry center, second ensuite bedroom, and stylish powder room. Downstairs continues the drama with a bonus room featuring a fireplace and postcard-perfect views, a bedroom with patio access and ensuite bath, plus fully equipped wet bar. Two additional bedrooms, a full bath, and dedicated wine storage room complete the level. The back patio offers a front-row seat to one of California’s most breathtaking coastal panoramas. Home was renovated in 2018. Additional features include workout room, two car garage, radiant floor heating, multiple HVAC, and home automation. A bold home in every sense—crafted for those who demand presence, privacy, and panoramic perfection.

2813 Alamo Drive, Los Osos

224 Butte Drive, Los Osos
$449,000
PI25156457 MLS ⋅ Active Status
Beautiful Bay front lot. Spectacular Morro Rock views and all of Morro Bay skyline. Entrance to Montana de Oro hiking at the end of the street. Sea Pines Golf Resort is nearby. Large level lot that is raised on a low bluff with wetlands, marsh & abundant bird & marine life. At time of listing, the County stated that the property was #181 on the building permit waitlist, however the buyer is advised to independently verify development potential. This Lot has a Water Equivalency Certificate. 3 Sets of proposed architectural floor plans and renderings available. This Lot is .56 Acres and a total of 24,606 Square Feet. ADJACENT LOT IS CURRENTLY FOR SALE AND BOTH LOTS CAN BE PURCHASED TOGETHER. 230 BUTTE DR. County is in favor of one buyer for both lots, and verbally stated they will grandfather the water equivalency to both lots and grandfather the #55 on the wait list to both lots.

224 Butte Drive, Los Osos

Pecho Valley Rd, Los Osos
$649,000
NS24210807 MLS ⋅ Active Status
Imagine waking up to some of the most breathtaking vistas in all of California—where the rugged coastline unfolds before you. This vacant land offers an incredible opportunity to own a slice of paradise with stunning views of Morro Rock, the Pacific Ocean, and coastal sand dunes. Perfectly situated at the entrance to Montana de Oro State Park, it's a haven for outdoor enthusiasts, providing immediate access to hiking trails and natural beauty. Located near the charming community of Baywood, you'll enjoy proximity to world-class wineries, vibrant performance venues, and Cal Poly San Luis Obispo University. The sellers have already completed much the preliminary planning with the county. There are conceptualized plans for a beautiful, low-profile contemporary home designed by David Einung. This exceptional parcel strikes the perfect balance between serenity and convenience—close to nature yet just minutes from local attractions. Don’t miss your chance to create your future in one of California's Central Coast's most beautiful locations. Build your dream today!

Pecho Valley Rd, Los Osos

2493 San Sebastian Lane, Los Osos
$449,000
SC24097021 MLS ⋅ Active Status
BUILDABLE LOT. Discover an extraordinary opportunity to own a piece of California’s stunning Central Coast with this prime vacant lot in the highly sought-after Cabrillo Estates. This parcel offers a rare blend of tranquility, majestic coastal views, and readiness for immediate development. This expansive half-acre lot provides sweeping vistas of the rugged coastline, shimmering ocean, as well as Hollister Peak and the Santa Lucia mountains. Imagine waking up every day to a panoramic backdrop of the Pacific and Morro Bay and listening to the soothing sounds of ocean waves. With half of the lot dedicated to open space, you’ll also enjoy your own grove of pygmy oaks that encloses a magical space perfect for yoga or meditation. Significant groundwork has already been completed to facilitate the building process. From soil testing and surveys to utility planning, each step has been meticulously prepared, saving you time and resources. A major advantage is the set of pre-permitted site plans available with the property. The design maximizes the views and embraces the natural beauty of the setting. Should you choose, you can finalize permits and begin construction of your coastal retreat almost immediately, or create plans to suit your personal vision. Cabrillo Estates is renowned for its serene setting and friendly community. Nestled above the bay, residents enjoy privacy, safety, and a connection to nature, all while being just minutes away from local amenities including charming shops, two golf courses, restaurants, and outdoor adventures like hiking, biking, kayaking and surfing in adjacent Montaña de Oro State Park. San Luis Obispo is a short drive away with its charming downtown and access to major retailers. This lot represents not just a place to live, but a lifestyle of peace, beauty, and convenience. Whether you’re looking to build a family home or a getaway retreat, this property promises a life where every day feels like a vacation. Don’t miss out on this opportunity to create your own paradise on the Central Coast.

2493 San Sebastian Lane, Los Osos

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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