Price Reduced AGAIN to $1,200,000~~~We're talking about a nearly 2,000 square foot, Morro BAYFRONT HOME for $1.2 here! Don't let this opportunity escape you. Bring your Renovator's Eye to this "Diamond in the Rough!" Perched on iconic "Cuesta Inlet," this is a Bayfront opportunity with a location unlike any offered in recent times! While most of Los Osos' Morro Bayfront homes look Northward across the expanse of Morro Bay, this classic 60's home is perched on the South facing shores of the "Cuesta Inlet." Access for boaters, sailors, paddlers, kayakers and fishermen is in your backyard! Incredible views of the Cuesta Inlet, back bay Morro Bay and the Morro Sandspit give way to the rolling hills of Montana de Oro State Park in the dramatic background. Los Osos' famed "Sweet Springs" Nature Preserve is just a few blocks to the east and the challenging links at Sea Pines Golf Course are just a five iron to the South! Recreation abounds! And did I mention that this location on the "Mitchell Street Peninsula" is the coolest of neighborhoods with some of the friendliest neighbors you're apt to find on the Central Coast!!! The nearly 2,000 square foot mid-century home has experienced substantial deferred maintenance but is truly the blank canvas that a creative architectural mind will love to renovate! The house is positioned perfectly on the 50' X 100' lot to allow for expansion and/or re-orientation for view capture and more contemporary styling. Currently, most of the living area is on the upper entry level and downstairs is the bonus room, office, laundry room and spacious 2 car garage. One of the most inspirational Bayfront opportunities to hit the Los Osos market in a great while has arrived. Act now by calling your favorite Realtor and secure your home on the shores of Morro Bay's Cuesta Inlet!
Sold for $1,100,000
Listed by: Greg Astle, Broker • Greg Astle • Contact: 805-423-7653
Bought with: Coastal Real Estate
$1,100,000
385 Mitchell Dr, Los Osos, CA 93402
3beds
1,981sqft
Single Family Residence
Built in 1969
5,000 Square Feet Lot
$1,203,200 Zestimate®
$555/sqft
$3,946 Estimated rent
Home value
$1,203,200
$1.12M - $1.30M
$3,946/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Greg Astle DRE #00687207 805-423-7653,
Greg Astle, Broker
Bought with:
Christine McDonald, DRE #01193039
Coastal Real Estate
Source: CRMLS,MLS#: SC24120241
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bonus Room, Bedroom, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Office
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Low Flow Plumbing Fixtures, Separate Shower
Kitchen
- Features: Solid Surface Counters
Heating
- Forced Air, Fireplace(s), Natural Gas
Cooling
- None
Appliances
- Included: Built-In Range, Electric Oven, Electric Range, Disposal, Gas Range, Gas Water Heater, Trash Compactor, Water Heater
- Laundry: Inside, Laundry Room
Features
- Balcony, Solid Surface Counters, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Bonus Room, Living Room, Masonry
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,981 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Paved, RV Potential, RV Access/Parking, Garage Faces Side
- Garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 2
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Fair Condition,Wood
- Has view: Yes
- View description: Bay, Back Bay, Hills, Water
- Has water view: Yes
- Water view: Bay,Back Bay,Water
- Waterfront features: Bayfront, Navigable Water, Ocean Access, Ocean Side Of Highway
Lot
- Size: 5,000 Square Feet
- Features: 0-1 Unit/Acre, Sloped Down
Details
- Parcel number: 074082007
- Zoning: RSF
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern,Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Lap Siding, Other
- Foundation: Slab
- Roof: Asbestos Shingle,Other
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Foothills, Fishing, Golf, Hiking, Horse Trails, Stable(s)
- Security: Smoke Detector(s)
- Subdivision: Cuesta By The Sea(590)
Location
- Region: Los Osos
- Elevation: 15 Feet
Financial & listing details
- Price per square foot: $555/sqft
- Tax assessed value: $1,110,000
- Annual tax amount: $14,664
- Date on market: 6/12/2024
- Cumulative days on market: 37 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2025 | Listing removed | $5,000$3/sqft |
Source: CRMLS #SC25008445 Report a problem | ||
| 1/17/2025 | Listed for rent | $5,000$3/sqft |
Source: CRMLS #SC25008445 Report a problem | ||
| 8/2/2024 | Sold | $1,100,000-8.3%$555/sqft |
Source:  CRMLS #SC24120241 Report a problem | ||
| 7/20/2024 | Pending sale | $1,200,000$606/sqft |
Source: CRMLS #SC24120241 Report a problem | ||
| 7/9/2024 | Price change | $1,200,000-11%$606/sqft |
Source: CRMLS #SC24120241 Report a problem | ||
| 6/25/2024 | Price change | $1,349,000-9.8%$681/sqft |
Source: CRMLS #SC24120241 Report a problem | ||
| 6/12/2024 | Listed for sale | $1,495,000$755/sqft |
Source: CRMLS #SC24120241 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,664 +271.2% | $1,110,000 +721.6% |
| 2024 | $3,950 +1.6% | $135,103 +2% |
| 2023 | $3,887 +6.3% | $132,455 +2% |
| 2022 | $3,657 +2.1% | $129,858 +2% |
| 2021 | $3,582 +5.9% | $127,313 +1% |
| 2020 | $3,382 -0.8% | $126,009 +2% |
| 2019 | $3,408 +0% | $123,539 +2% |
| 2018 | $3,408 +1.2% | $121,117 +2% |
| 2017 | $3,369 +51.8% | $118,743 +2% |
| 2016 | $2,220 | $116,416 +1.5% |
| 2015 | $2,220 +6% | $114,668 +2% |
| 2014 | $2,094 | $112,423 +2.5% |
| 2012 | -- | $109,723 +2% |
| 2011 | -- | $107,573 +0.8% |
| 2010 | -- | $106,770 -0.2% |
| 2009 | -- | $107,025 +2% |
| 2008 | -- | $104,928 +2% |
| 2007 | -- | $102,871 +2% |
| 2006 | -- | $100,855 +2% |
| 2005 | -- | $98,879 +2% |
| 2004 | -- | $96,941 +1.9% |
| 2003 | -- | $95,166 +2% |
| 2002 | -- | $93,301 +2% |
| 2001 | -- | $91,473 |
Find assessor info on the county website
Neighborhood: 93402
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Nearby schools
GreatSchools rating
- 8/10Monarch Grove Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Los Osos Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 4.3 mi
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- California
- San Luis Obispo County
- Los Osos
- 93402
- 385 Mitchell Dr
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